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Advicenne Finalizes Agreement with Primex Pharmaceuticals AG

Dec 19, 2024•over 1 year ago

Contract Type

agreement

ParisBiotechnologyPharmaceutical

Description

Advicenne, a specialty pharmaceutical company focused on developing and commercializing innovative treatments for rare renal diseases, has concluded an agreement with Primex Pharmaceuticals AG, a Swiss biopharmaceutical company. Under this agreement, Advicenne will receive 3.5 million euros, with half to be paid in fiscal year 2024 and the remaining balance over the next 18 months.

Company Information

Company

Advicenne

Location

Paris, Ile De France, France

About

ALDVI) is a specialty pharmaceutical company founded in 2007, specializing in the development of innovative treatments in Nephrology. Its lead product Sibnayal® (ADV 7103) has received its Marketing Approval for distal renal tubular acidosis in EU and the UK. ADV 7103 is currently in late-stage development in cystinuria in Europe and in dRTA and cystinuria in the US and in Canada. Headquartered in Paris, Advicenne, listed on the Euronext Paris stock exchange since 2017, has now been listed on Euronext Growth Paris since its transfer on March 30, 2022. For additional information see: https://advicenne.com/.

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