Santhera renegotiates milestone payment, increases liquidity runway into 2023 pending NDA filing
Last year, Swiss biotech Santhera Pharmaceuticals claimed a Phase IIb win for vamorolone for Duchenne — just a few months after axing its previous Duchenne candidate after a Phase III fail and trimming staff.
Now, with the biotech hoping for FDA approval sometime next year, Santhera turned its attention to its finances — and some renegotiating later, it’s opened up some liquidity to hopefully last the company until next year.
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