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GeneSci In-licenses Alzheimer's Patch Therapy from Luye Pharma

publication date: Dec 24, 2021

Changchun GeneScience Pharma acquired China rights from Luye Pharma to commercialize two transdermal patch products for Alzheimer's in an agreement worth up to $43 million. The patch delivers a cholinesterase inhibitor that treats symptoms of Alzheimer's but does not inhibit progression of the disease. In 2016, Luye acquired the transdermal patch business of Zurich's Acino, a specialist in novel drug delivery systems, for $269 million. GeneSci will have perpetual commercialization rights to single-day and multiple day rivastigmine patches. More details....

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