Vanda Pharmaceuticals to Acquire the US and Canadian Rights for Ponvory from Actelion to Treat Relapsing Multiple Sclerosis
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- Vanda signed an agreement with Actelion (a subsidiary of Johnson & Johnson) to acquire the US & Canadian rights for Ponvory (ponesimod), an oral S1P1R modulator indicated for the treatment of relapsed forms of multiple sclerosis (MS)
- Under the terms of the agreement, Vanda paid Janssen $100M to acquire the rights to distribute Ponvory across the US & Canada. As Vanda takes all the regulatory & supply responsibilities, Janssen will operate the business related to Ponvory according to a Transitional Business License Agreement
- Previously, Ponvory depicted proficiency over Aubagio to treat MS with fewer T2 & T1 MRI lesions & no disability progression experienced over 2yrs. in 9/10 patients taking Ponvory
Ref: Vanda Pharma | Image: Vanda Pharma
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Kritika is a content writer at PharmaShots. She is interested in covering recent innovations from the pharma & MedTech industry. She covers news related to Product approvals, clinical trial results, and updates. She can be contacted at connect@pharmashots.com.
