Partnership on THR-174
Data from preclinical studies
suggest that this second generation
staphylokinase may have potential
to provide an even better efficacy
and safety profile and, most
importantly, reduced immunogenic
response compared to earlier
versions of staphylokinase, as
well as to some other earlier
established thrombolytics such
as streptokinase. This means
that THR-174 could potentially
be administered to patients more
than once, allowing treatment of
subsequent cardiac events and
improving quality of care.
ThromboGenics has completed
a license agreement with Rhein
Minapharm (Egypt) for the
production, clinical development
and commercialization of THR-174
in the Middle East, Africa and other
countries. In return for granting
this license, ThromboGenics will
receive upfront and milestone
payments, and will earn doubledigit
royalties on net sales while
Rhein Minapharm will assume
responsibility for all future costs. |