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January 30, 2013
16:03 EDTSCLN, SNYSciClone announces product promotion agreement renewal with Sanofi in China
SciClone (SCLN) announced that it has successfully negotiated renewals of its exclusive product promotion agreement with Sanofi (SNY) for the China market. Under the terms of the Sanofi agreement, SciClone, through its wholly owned subsidiary, Novamed Pharmaceuticals, exclusively promotes four key products: the anti-epileptic Depakine; the hypnotic Stilnox; the ACE inhibitor Tritace and Xatral, an alpha-1 adrenergic blocker used to treat benign prostatic hyperplasia or BPH. Depakine revenues rank second among SciClone's revenue-generating products and during the last three years under the promotional agreement, sales have increased significantly on an annual compounded basis. As the set of current agreements will expire between the end of 2012 and June 30, Sanofi and Novamed have decided to group the products and renew their agreement till December 31, which may be further extended should both parties find agreement under the terms of the contract extension.
News For SCLN;SNY From The Last 14 Days
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May 23, 2013
08:18 EDTSNYMerrimack completes enrollement in a Phase 2 study of MM-121 with Sanofi
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May 21, 2013
07:44 EDTSNYSachs Associates to host a forum
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May 20, 2013
17:26 EDTSNYRegeneron, Genentech, Sanofi enter into 'Zaltrap agreement'
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11:27 EDTSNYAppeals court reverses, remands patent ruling in Sanofi suit against Mylan, Teva
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May 17, 2013
08:03 EDTSNYSanofi reports positive topline results from pivotal Phase III Jakarta study
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05:18 EDTSNYSanofi says JAK2 inhibitor for myelofibrosis met primary endpoint
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May 16, 2013
16:04 EDTSCLNSciClone, Zensun enter licensing agreement for Neucardin
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16:02 EDTSCLNSciClone sees Q1 EPS 7c, two estimates 9c
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May 15, 2013
15:16 EDTSNYSanofi systemic sclerosis treatment designated for orphan drug status
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05:39 EDTSNYSanofi, Regeneron announce patient enrollment in two Phase 3 trials
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May 13, 2013
09:44 EDTSNYSeveral companies reportedly interested in buying Adcock Ingram, Globes says
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07:30 EDTSNYTechConnect to host a summit
2013 National Innovation Summit is being held in Washington, D.C. on May 12-16.
May 10, 2013
11:48 EDTSNYDrugmakers to face pressure on U.S. prices, Reuters says
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