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Santhera, Chiesi Group Enter Raxone License Agreement

Chiesi gains rights to Raxone in LHON and all other ophthalmological indications in deal valued at €186 million

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By: Kristin Brooks

Managing Editor, Contract Pharma

Santhera Pharmaceuticals has entered into an exclusive license agreement with Chiesi Group Farmaceutici, under which Chiesi will in-license Raxone for the treatment of LHON for a total consideration of as much as €93 million, comprising an upfront payment of €44 million and near- to mid-term sales milestone payments of as much as €49 million.    Chiesi Group is in-licensing the rights to Raxone in LHON and all other ophthalmological indications worldwide except the U.S. and Canada, where Santh...

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