Scottish drugmaker ProStrakan has signed two exclusive licence and supply agreements for certain countries in the Pacific Region and Turkey for Sancuso (granisetron skin patch) for the prevention of chemotherapy-induced nausea and vomiting in patients receiving chemotherapy for up to five consecutive days.
Singapore-based Invida Pharmaceutical Holdings will market Sancuso in Australia, Indonesia, the Philippines, Thailand and Vietnam, while Dubai-based NewBridge Pharmaceuticals will sell the product in Turkey. ProStrakan has already partnered with NewBridge for the marketing of Sancuso in the Middle East and Africa.
Under the terms of the agreements, ProStrakan will receive undisclosed upfront and milestone payments, subject to the achievement of certain approvals and sales targets. Invida and NewBridge will be required to purchase Sancuso directly from ProStrakan at a pre-agreed price. Further financial details were not disclosed. The agent delivers granisetron, an established 5HT3 receptor antagonist, into the bloodstream for up to seven days and has been shown to be as efficacious as oral granisetron in preventing CINV.
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