Urovant hops across the pond, out-licensing overactive bladder drug to Pierre Fabre for $75M
Urovant Sciences, the former subsidiary of Vivek Ramaswamy’s Roivant Sciences, is branching out across the Atlantic in a new licensing deal.
The California biotech and French multinational pharma and cosmetics company Pierre Fabre jointly announced Tuesday that they are pairing up, with Urovant giving Pierre Fabre the rights to register and commercialize overactive bladder drug vibegron, known as Gemtesa in several markets, including the entire EU, Iceland, Liechtenstein, Norway, the UK and Switzerland. The deal also includes a few option territories which, according to a statement, include “French-speaking countries of Sub-Saharan Africa, Turkey and certain Eastern European countries.”
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