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news.Moberg Derma has given marketing license for its over-the-counter (OTC) Nalox to Meda as a treatment for discolored and damaged nails caused by nail fungus (onychomycosis) or nail psoriasis.
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The new deal covers several major European countries, such as Germany, France, the UK, Spain, Austria, the Netherlands and Belgium.
Under the deal, Meda is responsible to pay a sum of SEK 32m, with SEK13m when signing the contract and the remaining SEK19m in future milestone payments to Moberg.
Moberg CEO Peter Wolpert said this agreement is a key step in the global launch of Nalox.