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Knight Therapeutics Inc T.GUD

Alternate Symbol(s):  KHTRF

Knight Therapeutics Inc. is a specialty pharmaceutical company. The Company’s principal business activity is 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 and select international markets. The Company invests in life sciences venture capital funds whereby the Company may receive preferential access to healthcare products for Canada and select international markets. It develops pharmaceutical products, including those to treat neglected tropical and rare pediatric diseases. The portfolio consists of pharmaceutical products with molecules and includes both in-licensed products such as Lenvima, Cresemba, Halaven, Trelstar, Akynzeo, Ambisome, Minjuvi, Imvexxy as well as products owned by Knight such as Exelon and Impavido.


TSX:GUD - Post by User

Post by wofatson Jul 12, 2022 11:58am
244 Views
Post# 34818175

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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.

 
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