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Bullboard - Stock Discussion Forum Knight Therapeutics Inc T.GUD

Alternate Symbol(s):  KHTRF

Knight Therapeutics Inc. is a Canada-based specialty pharmaceutical company. The Company's principal business activity includes developing, acquiring, in-licensing, out-licensing, manufacturing, marketing and distributing pharmaceutical products in Canada, Latin America and select international markets. It finances other life sciences companies and secures product distribution rights for Canada... see more

TSX:GUD - Post Discussion

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Post by wofats on Jul 12, 2022 11:58am

New?

Basilea announces Zevtera® (ceftobiprole) marketing authorization in Brazil

Basel/Allschwil, Switzerland, July 12, 2022

Basilea Pharmaceutica Ltd (SIX: BSLN), a commercial-stage biopharmaceutical company, announced today that its distribution partner for Latin America, Knight Therapeutics Inc. (“Knight”, TSX: GUD), has received a marketing authorization from the Agncia Nacional de Vigilncia Sanitria (Anvisa) in Brazil for the broad-spectrum, anti-MRSA (methicillin-resistant Staphylococcus aureus) antibiotic Zevtera® (ceftobiprole). Zevtera is indicated for the treatment of adult patients with community-acquired pneumonia (CAP) and adult patients with hospital-acquired pneumonia (HAP), excluding ventilator-associated pneumonia (VAP). 

David Veitch, Basilea’s Chief Executive Officer, stated: “We are very pleased with the approval of Zevtera in Brazil. We look forward to working with Knight to make Zevtera available to patients in Brazil. Knight has a strong local presence in Brazil, with a track record of successfully launching anti-infective brands in the country.”

The grant of the marketing authorization triggered a milestone payment from Knight to Basilea.

 
Comment by Snowballgrowth on Jul 13, 2022 12:10pm
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