Innoviva (INVA) unit Innoviva Specialty Therapeutics said Monday it signed an exclusive licensing and distribution deal with Basilea Pharmaceutica for US marketing rights to the antibiotic Zevtera or ceftobiprole.
The company, which plans to launch Zevtera in the US by mid-2025, said it will pay Basilea $4 million upfront, with additional royalties and sales milestones.
Basilea said in a separate statement that it expects to receive sales milestones of up to $223 million.
Zevtera, approved by the US Food and Drug Administration in April, is the only cephalosporin cleared for treating methicillin-resistant Staphylococcus aureus, or MRSA, bloodstream infections and endocarditis in adults.
The drug is also approved for other bacterial infections, including skin infections in adults and pneumonia in patients aged three months to 18 years, the company said.
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