Acer Therapeutics Reacquires Worldwide Development, Commercialization and Economic Rights to OLPRUVA™ from Relief Therapeutics, Excluding the Geographical Europe
OLPRUVA™ is approved in the U.S. for the treatment of certain urea cycle disorders (UCDs).
- OLPRUVA™ is approved in the U.S. for the treatment of certain urea cycle disorders (UCDs).
- Acer and Relief have now agreed to terminate the CLA, where Acer is no longer required to pay Relief 60% of OLPRUVA™ net profits in the Acer territories and have regained all development and commercialization rights in rest of the world, excluding the Geographical Europe.
- Additionally, Acer and Relief have entered into a new Exclusive License Agreement (ELA) in which Relief will retain development and commercialization rights for OLPRUVA™ in the Geographical Europe, where Acer will have the right to receive a royalty of up to 10% of the net sales of OLPRUVA™.
- For additional Important Safety Information, see full Prescribing Information , Patient Package Insert and discuss with your doctor.