Albireo, Ferring Ink Deal for Constipation Drug Elobixibat
By Cormac Sheridan
Thursday, July 5, 2012
Albireo AB licensed its constipation drug elobixibat to Ferring Pharmaceuticals SA for an undisclosed up-front fee, plus milestones and tiered double-digit royalties. Terms were not disclosed, but Ferring, of Saint-Prex, Switzerland, said it was one of its biggest product investment deals.
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