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ChemRar Group Licenses Pfizer Drug

Pfizer will receive royalties and milestones

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Pfizer has granted exclusive development and marketing rights for its DPP(1)-IVi compound, PF-00734200, to SatRx, a ChemRar group company. SatRX is developing PF-00734200 for type 2 diabetes.   Pfizer granted exclusive worldwide rights (outside China) for development and commercialization of PF-00734200 as monotherapy or in combination with other drugs. Pfizer will receive royalties and milestone payments based on commercialization activities.   Yulia Baybikova, general manager of SatRx, comment...

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