Quantum Genomics - An additional firibastat partnership
Quantum Genomics recently announced it has signed a licensing and collaboration agreement with Orient Europharma (OEP) to develop and commercialise firibastat for hypertension in South East Asia, Australia and New Zealand. As part of the agreement, Quantum Genomics will receive US$19m in upfront and milestone payments as well as double-digit royalties. Additionally, OEP will fund part of the Phase III FRESH study in difficult to treat/resistant hypertension patients in Taiwan.Quantum Gernomics is a biotechnology firm specializing in the development of innovative drugs to combat cardiovascular diseases. Run by professionals in creating and managing technological start-ups and drug development, as well as researchers and inventors, Co. has established contractual relations with institutions of academic excellence in France (Inserm, CollA
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