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Harbin Gloria to Commercialize Constipation Drug in China

publication date: May 12, 2015
Harbin Gloria Pharma in-licensed China rights to Amitiza, a novel anti-constipation drug from Sucampo Pharma of the US. Amitiza is a chloride channel activator, approved for US use in 2006, which acts in the small intestine. Gloria will be responsible for obtaining CFDA approval of the drug and then commercializing it in China. Gloria paid $1 million upfront and will be liable for additional milestone payments. More details....

Stock Symbols: (SHE: 2437) (NSDQ: SCMP)

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