Pharming Group has formed partnership with an Israeli pharmaceutical company, MegaPharm to commercialize Ruconest (recombinant human C1 inhibitor) as a treatment for acute angioedema attacks in patients with hereditary angioedema (HAE) in Israel.
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As per the terms of the agreement, Pharming is entitled to receive certain commercial, regulatory and clinical milestones from MegaPharm.
MegaPharm will buy its commercial supply of Ruconest from Pharming at a supply price, based on a percentage of net sales of Ruconest.
MegaPharm expects to launch Ruconest in 2012.
Pharming CEO Sijmen de Vries they are pleased to have taken a another step towards making Ruconest available to HAE patients globally.
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