Notice to the Market – New initiatives for LENVIMA
NOTICE TO THE MARKET
Grupo Biotoscana announces new initiatives for LENVIMA
Montevideo, Uruguay, March 12, 2018. GBT-Grupo Biotoscana (B3: GBIO33), a leading biopharmaceutical company in Latin America, announces to its shareholders and the market in general that, last week, our partner, Eisai Co., Ltd., announced a separate arrangement for our key partnered drug LENVIMA® (lenvatinib).
Under a new agreement between Eisai Co., Ltd. and Merck & Co., Inc., Kenilworth N.J., U.S.A (known as MSD outside the United States and Canada), Eisai and MSD co-develop and co-commercialize LENVIMA® (lenvatinib mesylate), as monotherapy and in combination with MSD’s anti-PD-1 therapy, KEYTRUDA® (pembrolizumab).
GBT reinforces its commitment to commercialize LENVIMA® (lenvatinib) and clarifies that the arrangement between Eisai and MSD does not change, GBT’s rights to LENVIMA® (lenvatinib), which were the subject of a previous agreement between GBT and Eisai, and GBT will continue to book 100% of the sales of LENVIMA® (lenvatinib) in GBT‘s territory.
GBT – Grupo Biotoscana.
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Updated on 01/02/2019 at 04:38 pm