Everest Medicines to Acquire Etripamil Nasal-Spray Assets from Corxel Pharmaceuticals for up to US$50.00 Million

Bulletin Express

03/23

Everest Medicines Limited (Everest Medicines) has agreed to buy key intellectual property and inventory linked to the nasal-spray formulation of etripamil, a fast-acting calcium-channel blocker for paroxysmal supraventricular tachycardia (PSVT), from Corxel Pharmaceuticals Hong Kong Limited. The asset purchase agreement, signed 23 March 2026, carries a headline consideration of up to US$50.00 million (approx. RMB344.90 million) and includes the assignment of Corxel’s existing licence rights in Mainland China, Hong Kong, Macau and Taiwan.

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