Hyphens Pharma Acquires Rights to Commercialize Metoject

MT Newswires

03/12

Hyphens Pharma (SGX:1J5) subsidiary Hyphens Pharma entered into a marketing and distribution agreement with medac Gesellschaft für klinische Spezialpräparate for the exclusive rights to register and commercialize Metoject(r) in Singapore, Malaysia, the Philippines, and Vietnam.

Metoject(r) is a subcutaneous autoinjector pen used for the treatment of rheumatoid arthritis, according to a filing with the Singapore Exchange on Tuesday.

The pen is already commercialized in over 15 states in Europe, the US and Japan.

Shares of Hyphens Pharma were up nearly 2% in recent trading.

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