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Haisco In-Licenses Oral Film Version of Riluzole for ALS

publication date: Mar 3, 2022

Haisco Pharma in-licensed China rights to Exservan™ , an oral film formulation of riluzole for patients with amyotrophic lateral sclerosis, from Aquestive Therapeutics of New Jersey. Riluzole is a disease-modifying therapy for ALS, but patients often become unable to swallow a pill. The oral film allows them to continue therapy. Haisco will make a $7 million upfront payment and be responsible for regulatory and commercialization of Exservan in China. It will also pay milestones and double-digit royalties on sales. Haisco, a Chengdu company, offers specialized medical products to China patients. More details....

Stock Symbols: (SHZ: 002653) (NSDQ: AQST)

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