Cutis Pharma has entered a joint development agreement with Dr Reddy’s Laboratories for the supply of active pharmaceutical ingredients (API).
The partnership enables Cutis Pharma to develop worldwide commercialisation of select products in its R&D portfolio and accelerate NDA filing and FDA approval of RM-02, RM-03 and RM-06.
Go deeper with GlobalData
Sorrento Therapeutics has revealed the placement of 27,027,027 of its shares and warrants to purchase common stock at a price of $5.55 per share to raise gross proceeds of approximately $150m. The offering is being led by Ally Bridge Group and will be subscribed to by institutional investors and Yuhan Corporation.
The process is expected to be complete by the end of May. The company plans to use proceeds to develop its product pipeline and for general corporate purposes.
Yunnan Baiyao Group has announced the public offering of bonds worth $138.5m due 2021. The company intends to use the gross proceeds for additional capital purposes.
Entasis Therapeutics has raised $50m in a series B financing round. The financing was led by Clarus Ventures, along with Frazier Helathcare partners, Novo A/S and Eventide Asset Management.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataProceeds will be used to advance its pipeline of clinical and preclinical anti-infective products.
Image: Cutis Pharma has entered into joint development agreement with Dr. Reddy’s Laboratories. Photo:courtesy: Arichuvadi.
