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Zealand Signs Helsinn to €140M Deal for GLP-2 Agonist in CID

By Jennifer Boggs


Wednesday, December 3, 2008

No Abstract

 

Assistant Managing Editor

Danish biotech firm Zealand Pharma A/S partnered with Helsinn Healthcare in a potential €140 million (US$176.8 million) deal to develop its early clinical-stage glucagon-like peptide (GLP)-2 receptor agonist, ZP1846, in chemotherapy-induced diarrhea (CID).

Under the terms, Zealand granted Helsinn worldwide rights to the compound, except for the Nordic countries, where Zealand retains marketing rights.

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