BioMarin will also assume approximately $15 million dollars in liabilities of Medicis, which represents payments owed by Medicis to the original developers of Orapred
CIMA could terminate Alliant's license in connection with Orapred
on 30-days notice.
The value of these partnerships has been exemplified in the past year by Hi-Tech's ability to execute a license-and-supply agreement that delivered to the marketplace a generic equivalent to Orapred
has launched a generic version of BioMarin's Orapred
The license in connection with Orapred
could be terminated on 30-days notice.
Primsol solution, an antibiotic for acute otitis media, and Orapred
, an asthma treatment in an improved-tasting formulation of liquid prenisolone sodium phosphate, could be launched in the second half of this year pending approval by the Food and Drug Administration.
The company recently gained FDA [Food & Drug Administration] and European approval for another product, Naglazyme, for the treatment of MPS-VI and Orapred
ODT for asthma in children.