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Nautilus Biotech and HanAll Pharmaceutical Ink License Agreement
Nautilus Biotech (Evry, France, www.nautilusbiotech.com) has signed a collaboration and license agreement with HanAll Pharmaceutical (Seoul, South Korea, www.hanall.co.kr) to develop and commercialize three Nautilus Biotech products in South Korea: Belerofon (Interferon alpha); Vitatropin (human growth hormone); and EporalTM (erythropoietin).
Nautilus Biotech (Evry, France, www.nautilusbiotech.com) has signed a collaboration and license agreement with HanAll Pharmaceutical (Seoul, South Korea, www.hanall.co.kr) to develop and commercialize three Nautilus Biotech products in South Korea: Belerofon (Interferon alpha); Vitatropin (human growth hormone); and EporalTM (erythropoietin).
The three Nautilus Biotech proprietary proteins included in the agreement have been designed for extended half-life and oral availability. By reducing the number and frequency of treatments needed and offering oral administration, these new drugs will enhance patient convenience and compliance.
Under the terms of the agreement, HanAll Pharmaceutical will develop, manufacture, and market the licensed products in the territory of South Korea. Nautilus Biotech will receive an upfront payment, milestone payments associated with development, and royalty payments based on net sales of products in South Korea.