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Waverley Pharma Inc V.WAVE

Waverley Pharma Inc. is a biopharmaceutical company engaged in the research, development, and commercialization of human therapeutics focused on oncology. Its primary focus is the PARP-1 program and secondary focus is the generic oncology injectable market in European Union, the United Kingdom (UK) and North America. It has entered into a license, manufacture, supply, marketing and distribution agreement with Reliance Life Sciences Private Limited, which has granted it an exclusive territorial license to market and sell capecitabine in the UK and Germany as well as a non-exclusive territorial license to market and sell temozolomide and erlotinib in the UK. Its generic oncology products include bortezomib and pemetrexed. Bortezomib is an injectable generic chemotherapy drug, developed for the treatment of multiple myeloma and mantle cell lymphoma. Pemetrexed is an injectable generic chemotherapy drug, developed for the treatment of non-small cell lung cancer and pleural mesothelioma.


TSXV:WAVE - Post by User

Post by Wapiti1000on Jan 18, 2021 10:47am
82 Views
Post# 32319480

News!!

News!!https://apple.news/AiU_UGIvvTkK3Em8vr7_kJQWINNIPEG, MB, Jan. 18, 2021 /CNW/ - Waverley Pharma Inc. (TSXV: WAVE) ("Waverley Pharma" or the "Company"), an emerging Canadian pharmaceutical company, is pleased to announce that its wholly owned Irish subsidiary, Waverley Pharma Europe Limited ("WPEL"), has been awarded exclusive distribution rights for capecitabine by the National Health Services of Scotland ("NHS Scotland"). 

The awarded NHS Scotland tender is projected to increase the Company's revenue by approximately £200,000 on an annual basis. This opportunity also represents WPEL's first successful tender proposal for capecitabine in the NHS Scotland region. The tender will commence on February 1, 2021 and has a duration of two years. WPEL currently has awarded tenders for capecitabine in both Wales and England with each region's respective National Health Services organization. 

"Waverley Pharma is excited to announce our fifth successful tender award since 2019, which affirms our commitment to expanding our oncology presence in the UK and EU markets," stated Larry Thiessen, President and Chief Executive Officer.

 
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