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news.Access Pharmaceuticals and Rhei Pharmaceuticals have signed a definitive licensing agreement under which Rhei will market Access's proprietary product MuGard in the Peoples Republic of China and certain other Southeast Asian countries. MuGard has received marketing allowance from the FDA for the management of oral mucositis.
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Rhei Pharmaceuticals will be responsible for marketing MuGard in China, Hong Kong, Macau, Taiwan, Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam, as well as for manufacturing and for obtaining the necessary regulatory approvals for the product in the territory.
Sylvia He, CEO of Rhei, said: “We are pleased to have MuGard in our portfolio of products in China, building on our expertise in the area of oncology. Our mission is to bring innovative products to the Chinese market and MuGard fulfills a real medical need. With an increasing number of patients receiving radiation and chemotherapy in China, the prevalence of oral mucositis is growing. Our expert capabilities in sales and marketing, manufacturing and regulatory will help to maximize MuGard’s potential in the marketplace.”