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Apotex acquires rights to distribute testosterone therapy Nebido in Canada for male hypogonadism.
Grünenthal has licensed exclusive rights to distribute Nebido®, a long-acting testosterone therapy, in Canada to Apotex, Canada’s largest pharmaceutical company.
Apotex’s Searchlight Pharma will seek regulatory approval and market the drug for male hypogonadism, a condition affecting many men over 50 that often goes untreated.
The deal includes upfront and milestone payments for Grünenthal, plus a share of sales.
It expands Apotex’s specialty care portfolio and strengthens Grünenthal’s global reach, building on an existing collaboration.
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Apotex adquiere los derechos para distribuir la terapia con testosterona Nebido en Canadá para el hipogonadismo masculino.