The USA's Warner Chilcott has signed an agreement with Dong-A PharmTech, based in South Korea, to develop and market its orally-administered udenafil product, a phosphodiesterase type 5 inhibitor for erectile dysfunction, in the USA, where Dong-A has successfully completed Phase II studies.
Under the terms of the deal, Warner Chilcott has exclusive US rights to develop and market the product for the treatment of ED. Dong-A will receive an initial, up-front payment and may also be eligible to receive additional amounts upon achievement of certain milestones. Further financial terms were not disclosed.
The product was approved by the Korean Food and Drug Administration in December of 2005 for the treatment of ED in Korea under the brand name Zydena, as well as in Russia in July 2008.
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