Harbin Gloria to Commercialize Constipation Drug in China
May 12, 2015 at 04:50 AM EDT
Harbin Gloria Pharma in-licensed China rights to Amitiza, a novel anti-constipation drug from Sucampo Pharma of the US. Amitiza is a chloride channel activator, approved for US use in 2006, which acts in the small intestine. Gloria will be responsible for obtaining CFDA approval of the drug and then commercializing it in China. Gloria paid $1 million upfront and will be liable for additional milestone payments. More details.... Stock Symbols: (SHE: 2437) (NSDQ: SCMP) Share this with colleagues: // //