Conba Subsidiary Acquires Greater China Rights to Innovative Pain Drug Cebranopadol with $17.5 Million Upfront Payment

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โดย Jiemian·Read original
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Conba's wholly owned subsidiaries Hangzhou Conba and Hong Kong Conba have signed an agreement with Adneuris Therapeutics to acquire exclusive development and commercialization rights to cebranopadol in Greater China. Cebranopadol is a first-in-class oral analgesic targeting both NOP and MOP receptors, has completed Phase III clinical trials, and is expected to submit a new drug application to the US FDA this year. Conba will pay an upfront fee of $17.5 million, up to $94 million in milestone payments, and tiered royalties.

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Adneuris TherapeuticsPrivate▲ Positive
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Adneuris receives $17.5M upfront and potential milestones from licensing deal.