Breaking News, Collaborations & Alliances

Basilea Extends Cresemba License Agreement with Pfizer

Eligible to receive additional upfront and milestone payments of up to $226 million

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Basilea Pharmaceutica has amended its existing license agreement for Europe, Russia, Turkey and Israel with Pfizer for Basilea’s Cresemba (isavuconazole) to include China—with Hong Kong and Macao—and sixteen countries in the Asia Pacific region. Isavuconazole is an antifungal for the treatment of life-threatening invasive mold infections. Ronald Scott, chief executive officer, Basilea, said, “Cresemba is a well differentiated drug that addresses a critical medical need in patients...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters