- For Print
- October 4, 2017
Թϴͷ Co., Ltd. (Headquarters: Tokyo, CEO: Haruo Naito, “Թϴͷ“) announced today that its U.S. subsidiary, Թϴͷ Inc., has signed an exclusive licensing agreement with Grupo Biotoscana (Headquarters: Uruguay, CEO: Mariano García-Valiño, “Biotoscana“) for Թϴͷ's oncology and neurology products in Latin America.
Under the terms of the agreement, Թϴͷ Inc. grants Biotoscana an exclusive license to seek regulatory approvals and commercialize the anticancer agents Halaven® and Lenvima®, as well as antiepileptic agents Fycompa® and Inovelon® in Latin America. In Mexico, however, Թϴͷ will retain the rights to, and conduct all activities for, Halaven and Lenvima. Թϴͷ Inc. will supply Biotoscana with the products, for which it will receive compensation, and is also entitled to a one-time payment as well as milestone payments.
Biotoscana is a pharmaceutical company operating out of 10 countries in Latin America, where it is developing a strong portfolio that includes oncology products. As a result of granting Biotoscana these licenses, Թϴͷ can swiftly expand access in Latin American markets for its innovative new drugs, and further contribute to patients in Latin America.
Թϴͷ positions oncology and neurology as key therapeutic areas. By accelerating the development of its innovative new drugs in these areas and pursuing optimal business models to match regional characteristics, Թϴͷ seeks to contribute further to addressing the diverse needs of, and increasing the benefits provided to, patients and their families all over the world.
<Notes to editors>
1.About Grupo Biotoscana
Grupo Biotoscana is a biopharmaceutical group that operates in the fast-growing Latin American region and focuses on rapidly growing market segments such as infectious diseases, oncology and onco-hematology, special treatments, immunology and inflammation and orphan/rare diseases, among others. Grupo Biotoscana is currently present throughout 10 Latin American countries (Argentina, Uruguay, Ecuador, Colombia, Chile, Paraguay, Brazil, Peru, Bolivia, and Mexico) where it operates under its companies Biotoscana, United Medical and LKM. Grupo Biotoscana's strong portfolio combines world-class licenses and proprietary products.