Breaking News, Collaborations & Alliances

Relief Therapeutics Receives $2M Milestone Payment Following FDA Approval

The payment is part of the previously announced royalty monetization agreement between Relief and SWK.

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By: Charlie Sternberg

Associate Editor

Relief Therapeutics Holding SA, a biopharmaceutical company committed to delivering innovative treatment options for select specialty, unmet and rare diseases, will receive a $2 million milestone payment from SWK Funding LLC (SWK) this month, following the U.S. Food and Drug Administration’s (FDA) approval of Zevra Therapeutics Inc.’s arimoclomol for the treatment of Niemann-Pick Disease Type C.   The first NPC drug approved by the FDA, MIPLYFFA (arimoclomol) is indicated for use in combinatio...

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