Medivir and Guangdong Lantai Viewland Pharmaceutical have signed a licensing agreement on a non-nucleoside HIV reverse transcriptase inhibitor in late preclinical development.
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Under the terms of the agreement Guangdong Lantai Viewland Pharmaceutical will make a payment to Medivir by transferring equity. In addition Guangdong Lantai Viewland Pharmaceutical will pay royalties on sales for both oral and topical use of the inhibitor, MIV-160. Guangdong Lantai Viewland Pharmaceutical will have responsibility for the development of MIV-160 and commercialization in China. Medivir retains the rights to MIV-160 for all others territories.
Medivir said MIV-160 exhibits excellent properties against resistant HIV selected by use of present non-nucleoside HIV reverse transcriptase inhibitors (NNRTIs).
Guangdong Lantai Viewland Pharmaceutical will potentially develop MIV-160 for three different products; an oral treatment regime, a vaginal microbicide and coating of condoms.
Use of condoms remains the best way of preventing HIV mucosal transmission; however published evidence suggests that use of male latex condoms on an annual basis only by 85% prevents transmission of HIV. This calls for the use of new condoms with an extra shield and also for protective methods to be used by women.
According to Medivir, MIV-160 inactivates HIV also outside a cell and this provides a cost-effective disinfectant/chemical barrier to prevent HIV transmission.
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