Wednesday, March 22, 2023
Market-Reporter
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate
No Result
View All Result
Market-Reporter
No Result
View All Result
Home Canada

US & Canada licensing agreement with Eton

MtR by MtR
June 16, 2021
in Canada
0
US & Canada licensing agreement with Eton


Press Release

US & Canada licensing agreement
with Eton Pharmaceuticals
for Crossject’s ZENEO® Hydrocortisone

Related articles

Alberta oil production set new record in first half of 2022

Alberta oil production set new record in first half of 2022

August 10, 2022
Canada expands market for fresh British Columbia cherries to South Korea

Canada expands market for fresh British Columbia cherries to South Korea

August 10, 2022
  • Exclusive licensing, distribution and promotion agreement in the US and Canada with Eton
  • Eton is focused on developing and commercializing innovative pharmaceutical products in endocrinology
  • Pre-marketing payments to Crossject of $5M USD
  • On commercial launch Crossject will supply Eton for a price per unit, and receive 10% royalties on Eton’s net sales, plus up to $6M USD in 3 commercial milestones

Dijon, 15 June 2021

CROSSJECT (ISIN: FR0011716265; Ticker: ALCJ), a specialty pharma company that develops, and will soon market, a portfolio of drug device combinations for use in emergency situations announces the signing of a US & Canada commercial agreement.

Patrick Alexandre, CEO of Crossject, said: ‘‘We are proud to announce a sound commercial agreement for ZENEO® Hydrocortisone in the US and Canada with an American leader in Adrenal Insufficiency. Eton has successfully established strong relations with the patient communities and medical specialists that are its core focus. ZENEO® Hydrocortisone answers a medical need. This strong partnership will contribute to saving lives by bringing to patients and their families a modern autoinjection possibility.’’

Sean Brynjelsen, CEO of Eton Pharmaceuticals, said: ‘‘The ZENEO® autoinjector is a revolutionary delivery system and this product is a terrific strategic fit with our current adrenal insufficiency business. Patients, advocacy groups, and physicians in the adrenal insufficiency community have repeatedly expressed to us the need for a hydrocortisone autoinjector, so we are excited to be partnering with Crossject to bring this product to patients in need.’’

A sound commercial agreement on a key geography

Crossject and Eton Pharmaceuticals signed an agreement for ZENEO® Hydrocortisone in the US and Canada. Under the terms of this agreement, Eton will be responsible for all regulatory and commercial activities, including licensing, regulatory filing fees, distribution, and promotion. The agreement covers the US and Canada, a high market potential geographic area. Crossject will be responsible for the management and expense of development, clinical, and manufacturing activities.

The agreement includes:

  • Until Marketing Authorizations are granted: development and regulatory milestones of $5M USD, of which $0.5 M USD paid to CROSSJECT upon signing and $0.5M USD escrowed; the other milestones are expected over the next 3 years ;
  • Crossject will receive (i) a mid-double-digit price for each ZENEO® Hydrocortisone supplied to Eton ; and (ii) 10% royalties based on Eton’s net sales ; and (iii) sales milestones of up to $6M USD subject to 3 thresholds in Eton annual net sales.

ZENEO® Hydrocortisone, a response to an unmet medical need

The ready to use ZENEO® Hydrocortisone will provide a 2-step rescue kit developed for a simple and intuitive autoinjection even by non healthcare professionals.

Adrenal crisis, also known as acute adrenal insufficiency, is a potentially life-threatening rare medical condition requiring immediate emergency treatment. Patients and caregivers are currently trained by healthcare professionals to use a rescue kit with 15 steps prior to starting injection. ZENEO® Hydrocortisone will provide an easy-to-use and quick rescue kit to patients and their caregivers.

About Eton Pharmaceuticals
Eton Pharmaceuticals, Inc. (Nasdaq: ETON) is a specialty pharmaceutical company focused on developing and commercializing innovative treatments for rare pediatric diseases. Eton currently owns or receives royalties from three FDA-approved products, including ALKINDI SPRINKLE®, an orphan-drug status corticosteroid indicated as replacement therapy in pediatric patients with adrenal insufficiency, Biorphen®, and Alaway Preservative Free®, and has six additional products submitted to the FDA.

Contacts :

About CROSSJECT • www.crossject.com

Crossject (ISIN: FR0011716265; Ticker: ALCJ; LEI: 969500W1VTFNL2D85A65) is developing and is soon to market a portfolio of drugs dedicated to emergency situations: epilepsy, overdose, allergic shock, severe migraine and asthma attack. Thanks to its patented needle-free self-injection system, Crossject aims to become the world leader in self-administered emergency drugs. The company has been listed on the Euronext Growth market in Paris since 2014, and benefits from Bpifrance funding

  • US Canada licensing agreement with Eton Pharmaceuticals_VENG



Source link

Related Posts

Alberta oil production set new record in first half of 2022

Alberta oil production set new record in first half of 2022

by MtR
August 10, 2022
0

Alberta oil production set a new record in the first half of 2022, according to a report by ATB Economics. Daily...

Canada expands market for fresh British Columbia cherries to South Korea

Canada expands market for fresh British Columbia cherries to South Korea

by MtR
August 10, 2022
0

The growth of Canada’s cherry industry is a major success story, exporting high-quality products to markets all over the world,...

Home prices cool off in Sudbury, Sault Ste. Marie after pandemic boom

Home prices cool off in Sudbury, Sault Ste. Marie after pandemic boom

by MtR
August 10, 2022
0

The real estate market in two northeastern Ontario cities has cooled off in recent months after two years of price...

US and Canada Dragon Fruit Market Size Worth US$ 194.10 million

US and Canada Dragon Fruit Market Size Worth US$ 194.10 million

by MtR
August 10, 2022
0

US and Canada Dragon Fruit MarketThe US and Canada dragon fruit market was valued at US$ 129.15 million in 2018...

Tesla discloses lobbying effort to set up factory in Canada By Reuters

Tesla discloses lobbying effort to set up factory in Canada By Reuters

by MtR
August 10, 2022
0

2/2 © Reuters. FILE PHOTO: The Tesla logo is seen on a car at Tesla Motors' new showroom in Manhattan's...

Load More
  • Trending
  • Comments
  • Latest
Bank of England tells ministers to intervene on digital currency ‘programming’

Bank of England tells ministers to intervene on digital currency ‘programming’

June 21, 2021
Tips for checking smoke alarms during daylight saving time

Tips for checking smoke alarms during daylight saving time

March 12, 2022
GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

GLOBAL MARKETS-U.S. stocks follow Europe up; Treasury yields rise, dollar firm

July 9, 2021
What will Durham County education bonds pay for? A full list

What will Durham County education bonds pay for? A full list

July 8, 2022
African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

African currencies week ahead: Zambia's kwacha seen on back foot, Kenyan shilling up – Business Recorder

0
Maxum Foods releases Global Dairy Commodity Update for June

Maxum Foods releases Global Dairy Commodity Update for June

0
Letter: Perpetual bonds can help states fight hunger

Letter: Perpetual bonds can help states fight hunger

0
United Kingdom ETFs Are Riding the Re-Opening Momentum

United Kingdom ETFs Are Riding the Re-Opening Momentum

0
Investment in overseas real estate surges : The DONG-A ILBO

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022
U.S. inflation CPI report, Wall Street, currencies

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022
Alberta oil production set new record in first half of 2022

Alberta oil production set new record in first half of 2022

August 10, 2022
Industrial Lubricants Market to Reach $71 Billion by 2027.

Industrial Lubricants Market to Reach $71 Billion by 2027.

August 10, 2022

Recent News

Investment in overseas real estate surges : The DONG-A ILBO

Investment in overseas real estate surges : The DONG-A ILBO

August 11, 2022
U.S. inflation CPI report, Wall Street, currencies

U.S. inflation CPI report, Wall Street, currencies

August 10, 2022
Alberta oil production set new record in first half of 2022

Alberta oil production set new record in first half of 2022

August 10, 2022

Categories

  • Asia
  • Bonds
  • Canada
  • Commodities
  • Cryptocurrencies
  • Currencies
  • Emerging Markets
  • ETFs
  • Europe & Middle East
  • IPOs
  • Latin America
  • Mutual Funds
  • Personal Finance
  • Real Estate
  • Retirement
  • Spending & Saving
  • Stocks
  • U.S. Markets
  • Privacy & Policy
  • About Us
  • Contact Us
  • Advertise with us

© 2021 Copyright Market-Reporter

No Result
View All Result
  • Home
  • Markets
    • U.S. Markets
    • Canada
    • Europe & Middle East
    • Emerging Markets
    • Asia
    • Latin America
  • Investing
    • Stocks
    • IPOs
    • Mutual Funds
    • ETFs
    • Bonds
    • Commodities
    • Currencies
    • Cryptocurrencies
  • Economy & Politics
    • Personal Finance
    • Spending & Saving
    • Retirement
    • Real Estate

© 2021 Copyright Market-Reporter