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August 5, 2014
07:43 EDTAEZSAeterna Zentaris signs co-promotion services agreement with ASCEND Therapeutics
Aeterna Zentaris announced a strategic co-promotion services agreement with ASCEND Therapeutics US. Under the terms of the agreement, expected to start in the Q4, Aeterna Zentaris will use its newly established commercial structure to market, in specific U.S. territories, ASCEND's EstroGel a non-patch transdermal, FDA approved and commercialized estrogen replacement therapy. For its part, ASCEND would market, in specific U.S. territories, MacrilenTM, Aeterna Zentaris' product for use in the evaluation of adult growth-hormone deficiency for which a New Drug Application is currently under review by the FDA, with a Prescription Drug User Fee Act date of November 5. In consideration for these co-promotion services, each party will be entitled to receive, from the other party, commissions on net sales of each other's product.
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