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Third milestone payment related to the development of Oral KORSUVA.
June 11, 2021
By: Tim Wright
Editor-in-Chief, Contract Pharma
The contract development and manufacturing organization (CDMO) Enteris BioPharma received a $10 million milestone payment from Cara Therapeutics related to the license agreement for the Peptelligence oral formulation technology utilized in Oral KORSUVA—the oral formulation of Cara’s first-in-class KOR agonist, CR845/difelikefalin. Enteris is entitled to retain $3.9 million of this payment per the contractual splits agreed to in the Enteris acquisition agreement with its parent, SWK Holding...
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