Basilea Pharmaceutica AG and Pfizer Strengthen Partnership with Milestone Payment for Cresemba Sales in Asia-Pacific and China

Reuters
06-05
<a href="https://laohu8.com/S/BPMUF">Basilea Pharmaceutica AG</a> and Pfizer Strengthen Partnership with Milestone Payment for Cresemba Sales in Asia-Pacific and China

Basilea Pharmaceutica AG has announced a significant milestone in its partnership with Pfizer Inc. The collaboration, which covers Europe (excluding the Nordic countries), China, and 16 countries in the Asia-Pacific region, has led to impressive sales growth for Cresemba® (Isavuconazol). The continued strong performance in these regions has triggered a second milestone payment of USD 2.5 million to Basilea. This partnership aims to address the rising global demand for innovative antifungal medications, with Cresemba being particularly well-received in China. The success underscores the drug's high clinical value for patients with life-threatening infections, highlighting the joint commitment of Basilea and Pfizer to make Cresemba accessible to affected patients worldwide.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Basilea Pharmaceutica AG published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW1001100864-de) on June 05, 2025, and is solely responsible for the information contained therein.

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