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DXB Dimerix News Story

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Brief: Everest Medicine In Agreement With Dimerix To Develop Commercialize DMX-200 In Greater China, South Korea, And Southeast Asia

BRIEF-Everest Medicine In Agreement With Dimerix To Develop  Commercialize DMX-200 In Greater China, South Korea, And Southeast Asia

- Everest Medicines Ltd 1952.HK:

  • AGREEMENT WITH DIMERIX TO DEVELOP COMMERCIALIZE DMX-200 IN GREATER CHINA, SOUTH KOREA AND SOUTHEAST ASIA

  • DEAL INCLUDES $10 MILLION UPFRONT, UP TO $30 MILLION DEVELOPMENT MILESTONES, $300 MILLION SALES MILESTONES, 10%-15% ROYALTIES

  • DMX-200 RECEIVES ORPHAN DRUG DESIGNATIONS FROM FDA AND EMA


Further company coverage: 1952.HK


((Reuters.Briefs@thomsonreuters.com;))

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