FrostPharma AB announces signature of an exclusive Distribution Agreement with Advicenne for marketing and distribution of Sibnayal® in Denmark, Finland, Norway, Iceland and Sweden.
Under the terms of the agreement, FrostPharma will receive the exclusive rights to distribute and market Sibnayal® for the treatment of distal renal tubular acidosis (dRTA) in the Nordic countries including Denmark, Finland, Norway, Iceland and Sweden. Sibnayal® received marketing authorisation in the European Union in May 2021 as the first and only label-approved drug for the treatment of Distal Renal Tubular Acidosis (dRTA) in adults, adolescents, and children aged one year and older.
Clas Lindbergson, Head of Business Development of FrostPharma stated: “We are proud to be partnering with Advicenne for the delivery of Sibnayal™ to patients and improve the lives of those suffering from Distal Renal Tubular Acidosis (dRTA). We look forward to working with them and to be continuing to expand our product portfolio in areas of high unmet need.”
Didier Laurens, Chief Executive Officer of Advicenne, commented: “We are delighted to be partnering with FrostPharma, a leader in the commercialization of a broad range of products across many disease areas. This is Advicenne’s third partnership for the commercialization of Sibnayal™ in just over a few weeks and is testament of our Company’s momentum. We have found in FrostPharma a partner that shares our same goal: delivering life-changing treatments for patients in areas of huge unmet need and we are looking forward to working together.”
About FrostPharma
FrostPharma is an entrepreneurial Swedish pharmaceutical company specializing in the commercialization of value-added products. Since the start in 2017, FrostPharma has successfully commercialized a broad range of products across multiple disease areas, throughout the Nordic countries and beyond. The key to our success is using our extensive in-house commercialization competence to match specific patient and health care needs with relevant products.
For further information about FrostPharma, please visit www.frostpharma.com
About Advicenne
Advicenne (Euronext: ADVIC) is a specialty pharmaceutical company founded in 2007, specializing in the development of innovative treatments in Nephrology. Its lead product SibnayalTM (ADV 7103) has received its Marketing Approval for distal renal tubular acidosis in EU and the UK. ADV 7103 is currently in late-stage development in cystinuria in Europe and in dRTA and cystinuria in the US. Headquartered in Paris, Advicenne has been listed on the Euronext Paris stock exchange since 2017 and was cross-listed on the Euronext Brussels stock exchange in 2019. For additional information see: https://advicenne.com/
CONTACTS
FrostPharma AB
Clas Lindbergson, Head of Business Development
Phone: +46 706 581180
Email: clas.lindbergson@frostpharma.com