Pharmaceutical Business review

Akrimax Pharma pays milestone payment under NovaDel Pharma pact

According to the pact, Akrimax Pharma got license from NovaDel Pharma for the manufacturing and commercialization of NitroMist in North America.

NovaDel Pharma’s NitroMist (nitroglycerin sublingual spray) belongs to a group of drugs called nitrates, which is used to treat or prevent attacks of chest pain (angina).

NovaDel Pharma is a specialty pharmaceutical company that develops oral spray formulations for a range of marketed pharmaceutical products.