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Nxera Pharma and Shionogi's Partnership to Launch QUVIVIQ™ in Japan for Adults with Insomnia

Dec 19, 2024over 1 year ago

Contract Type

partnership

TokyoBiotechnologyPharmaceuticalBiopharma

Description

Nxera Pharma and Shionogi have announced the launch of QUVIVIQ™ (daridorexant) 25 and 50 mg in Japan for the treatment of adults with insomnia. Under the commercial partnership agreement, Shionogi will be solely responsible for the distribution and sales activities of QUVIVIQ™ in Japan, while Nxera Pharma's subsidiary will be the approval holder and be partially responsible for the provision of the drug product.

Company Information

Company

Nxera Pharma Ltd. and Shionogi & Ltd

Location

Tokyo, Japan

About

Nxera Pharma Co., Ltd. is a pharmaceutical company based in Japan, while Shionogi & Co., Ltd. is also a pharmaceutical company based in Japan.

Predictive Intelligence
Strategic

ML-powered predictions for Nxera Pharma Ltd. and Shionogi & Ltd's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months