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Mithra in 2018 - Erop of eronder

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  1. [verwijderd] 12 september 2018 08:00
    Liège, Belgium – 12 September 2018, 7:30 CEST – Mithra Pharmaceuticals (hereinafter: “Mithra”) and Gedeon Richter Plc. (hereinafter: “Richter”) today announced that they have entered into a license and supply agreement to commercialize Estelle®, a combined oral contraceptive (COC), containing 15 mg Estetrol (E4) / 3 mg drospirenone (DRSP), in Europe and Russia. Richter will commercialize the product under a different brand name. The product is a novel combined oral contraceptive with natural, native estrogen acting selectively in tissues combined with drospirenone’s non-contraceptive benefits.

    Under the terms of the agreement Richter will make, upon signature of the contract, an upfront payment totaling EUR 35 million. Additional milestone payments amounting to EUR 20 million will be made depending on the progress of the regulatory process of the product. Further sales-related royalties will be payable to Mithra subsequent to the launch of the product. Moreover, Mithra will receive guaranteed annual recurring revenues based on minimum annual quantities (MAQ), in addition to tiered royalties on net sales.

    François Fornieri, CEO of Mithra Women’s Health commented : “We are very pleased to have agreed terms with Richter for the commercialization of our next generation oral contraceptive product candidate Estelle® in Europe and Russia. This is by far the biggest contract in Mithra’s history. As an undisputed leader in Women’s Health, with a rapidly expanding direct presence in Western Europe, we are confident that Richter is the best possible partner for Estelle® in this important geography. We are looking forward to a fruitful and long-term collaboration with the Richter team. Today’s news further reinforces our confidence in our ability to sign a future partnership for Estelle® in the US, where the oral contraceptive market is valued at twice the size of the European market.”

    Gábor Orbán, CEO of Gedeon Richter Plc, added : “Broadening our core Women’s Healthcare portfolio remains a paramount objective of Richter’s strategy aiming towards the improvement of the quality of life of the female population in all age groups. This agreement fits into this endeavour and we look forward to a successful cooperation with Mithra in the commercialization of a novel oral contraceptive.”
  2. [verwijderd] 12 september 2018 08:06
    Straf ik zie het niet op de site van mithra maar is in ieder big deal!

    T zal vandaag een lekker biotech dagje worden.

    De goden zijn ons goed gezind!!
  3. [verwijderd] 12 september 2018 08:14
    Durf daar ni veel over te zeggen, ik zou zelfs meer gedacht hebben maar er zal veel geld naar galapagos vloeien vandaag want daar is het ook feest :-)
  4. [verwijderd] 12 september 2018 08:16
    quote:

    Backerrr schreef op 12 september 2018 08:08:

    Naar hoeveel stijging zouden we vandaag gaan? Terug naar 37 Eur?
    2 à 3 euro hoger sluiten denk ik
  5. [verwijderd] 12 september 2018 08:26
    quote:

    Backerrr schreef op 12 september 2018 08:17:

    Daar precies een groter feest!
    Het echte feestje hier moet nog komen (2019 Q1). Maar deze deal zegt toch ook al wat, ook al kennen we de cijfertjes nog niet helemaal. Veiligheidsprofiel zal wel goed zijn.
  6. forum rang 10 DeZwarteRidder 12 september 2018 09:07
    quote:

    Mopperaar schreef op 12 september 2018 08:25:

    Ja dat wel, maar die grote partner voor Estelle is ook geen klein bier
    Grote partners willen een groot van de toekomstige winst hebben, dus dat wordt een 2e Pharming met Valeant.
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