Polaris Unit Signs Two Sales Deals for Malignant Pleural Mesothelioma Drug

MT Newswires Live
15 Apr

Polaris Group's (TPE:6550) unit Polaris Pharmaceuticals signed two exclusive regional agreements to commercialize its drug for treating malignant pleural mesothelioma, according to two separate Monday Taiwan Exchange filings.

The first commercialization and channel sales collaboration deal for the drug, dubbed ADI-PEG 20, was signed with Er-Kim Pharmaceuticals. The contract has a term of eight years and covers the EMEA region.

Meanwhile, another commercialization and sales deal was inked with Tabuk Pharmaceutical Manufacturing for the Gulf Cooperation Council market, valid for six years.

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