BRIEF-Innoviva Specialty Therapeutics Signs Exclusive Distribution And Licensing Agreement To Acquire U.S. Marketing Rights For Zevtera®

Reuters

2024-12-16

Dec 16 (Reuters) - Innoviva Inc :

* INNOVIVA SPECIALTY THERAPEUTICS SIGNS EXCLUSIVE DISTRIBUTION AND LICENSING AGREEMENT TO ACQUIRE U.S. MARKETING RIGHTS FOR ZEVTERA® (CEFTOBIPROLE)

* INNOVIVA INC: UNDER TERMS OF AGREEMENT, INNOVIVA, INC., WILL BE GRANTED EXCLUSIVE MARKETING RIGHTS TO ZEVTERA IN U.S.

* INNOVIVA INC: UNDER AGREEMENT TERMS, BASILEA WILL RECEIVE $4 MILLION UPFRONT PAYMENT IN ADDITION TO TIERED ROYALTIES AND MILESTONES ON NET SALES IN U.S.

* INNOVIVA INC: INNOVIVA SPECIALTY THERAPEUTICS ANTICIPATES COMMERCIALIZING ZEVTERA IN MID-YEAR 2025

Source text: Further company coverage:

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