ORNBV Orion Oyj Class B

Orion and Criceto Announce a License Agreement for APORON®, an Innovative Apomorphine Spray to Treat OFF Episodes in Parkinson’s Disease

Orion and Criceto Announce a License Agreement for APORON®, an Innovative Apomorphine Spray to Treat OFF Episodes in Parkinson’s Disease

ORION CORPORATION

PRESS RELEASE

25 APRIL 2025 at 9.00 EEST          

        

Orion and Criceto Announce a License Agreement for APORON®, an Innovative Apomorphine Spray to Treat OFF Episodes in Parkinson’s Disease

Orion Corporation (“Orion”) and Criceto IKM B.V. (“Criceto”) today announced the signing of an exclusive license agreement for the development and commercialization of APORON®, a novel apomorphine oromucosal spray for the treatment of OFF episodes in patients with Parkinson’s disease. APORON® is currently in Phase 3 development by Criceto.

Under the terms of the agreement, Orion will be granted an exclusive license to Criceto’s proprietary oromucosal apomorphine spray, in all global markets excluding the United States and Canada. The treatment is designed as a rescue treatment therapy to address OFF episodes—a challenging aspect of Parkinson’s disease that significantly impacts a patient’s quality of life.

As part of the agreement, Criceto will receive upfront payments, reimbursements for development costs, and royalties on future commercial sales.

“We are excited to enter this collaboration with Criceto,” said Hao Pan, Executive Vice President, Branded Products at Orion. “At Orion, we are committed to improving the lives of patients living with Parkinson’s disease. Our aim is to have treatment options for all stages of the disease and want to help patients every step of their way.”

“This partnership leverages Criceto’s expertise in developing advanced rescue treatments for Parkinson’s disease,” said Dr. Bert Tuk, Chief Executive Officer of Criceto. “We are proud to continue the development of our apomorphine oromucosal spray, which we believe has the potential to become the first-line rescue treatment for OFF episodes in patients with Parkinson’s disease. Through our collaboration with Orion, we are confident this therapy will reach patients who need it most.”

About Criceto IKM B.V.

Criceto is a privately held, innovation-driven pharmaceutical company focused on developing advanced rescue treatments for patients with Parkinson’s disease. Its lead product, APORON®, is an oromucosal apomorphine spray that is currently in Phase 3 development and aims to become the first-line treatment for managing OFF episodes. Criceto is headquartered in the Netherlands. For more information, please visit

About Orion Corporation

Orion is a globally operating Nordic pharmaceutical company – a builder of well-being for over a hundred years. We develop, manufacture and market human and veterinary pharmaceuticals and active pharmaceutical ingredients. Orion has an extensive portfolio of proprietary and generic medicines and consumer health products. The core therapy areas of our pharmaceutical R&D are oncology and pain. Proprietary products developed by Orion are used to treat cancer, neurological diseases and respiratory diseases, among others. In 2024 Orion's net sales amounted to EUR 1,542 million and the company employed about 3,700 professionals worldwide, dedicated to building well-being. Orion's A and B shares are listed on Nasdaq Helsinki.

                                                 

Contact person:

Hao Pan, Executive Vice President, Branded Products

tel. 0

Publisher:

Orion Corporation

Communications

Orionintie 1A, FI-02200 Espoo, Finland





EN
25/04/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Orion Oyj Class B

 PRESS RELEASE

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securi...

Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.) ORION CORPORATION STOCK EXCHANGE RELEASE / MAJOR SHAREHOLDER ANNOUNCEMENTS25 April 2025 at 17.20 EEST          Orion Corporation: Disclosure Under Chapter 9 Section 10 of the Securities Market Act (BlackRock, Inc.) Orion Corporation has received a disclosure under Chapter 9, Section 5 of the Securities Market Act, according to which the total number of Orion shares owned directly, indirectly and through financial instruments by BlackRock, Inc. and its funds increased on 24 April 2025 ...

 PRESS RELEASE

Orion Oyj: Arvopaperimarkkinalain 9. luvun 10. pykälän mukainen ilmoit...

Orion Oyj: Arvopaperimarkkinalain 9. luvun 10. pykälän mukainen ilmoitus (BlackRock, Inc.) ORION OYJ        PÖRSSITIEDOTE / SUURIMMAT OSAKKEENOMISTAJAT -TIEDOTE        25.4.2025 KLO 17.20         Orion Oyj: Arvopaperimarkkinalain 9. luvun 10. pykälän mukainen ilmoitus (BlackRock, Inc.) Orion Oyj on saanut Arvopaperimarkkinalain 9. luvun 5 §:n mukaisen ilmoituksen, jonka mukaan BlackRock, Inc.:n ja sen rahastojen suoraan, välillisesti ja rahoitusinstrumenttien kautta omistamien Orionin osakkeiden osuus on 24.4.2025 ylittänyt viisi (5) prosenttia Orion Oyj:n kaikista osakkeista. BlackRoc...

 PRESS RELEASE

Orion and Criceto Announce a License Agreement for APORON®, an Innovat...

Orion and Criceto Announce a License Agreement for APORON®, an Innovative Apomorphine Spray to Treat OFF Episodes in Parkinson’s Disease ORION CORPORATION PRESS RELEASE 25 APRIL 2025 at 9.00 EEST                    Orion and Criceto Announce a License Agreement for APORON®, an Innovative Apomorphine Spray to Treat OFF Episodes in Parkinson’s Disease Orion Corporation (“Orion”) and Criceto IKM B.V. (“Criceto”) today announced the signing of an exclusive license agreement for the development and commercialization of APORON®, a novel apomorphine oromucosal spray for the treatment of ...

 PRESS RELEASE

Orion lisensoi Cricetolta innovatiivisen apomorfiinisuihkeen (APORON®)...

Orion lisensoi Cricetolta innovatiivisen apomorfiinisuihkeen (APORON®) Parkinsonin taudin OFF-jaksojen hoitoon ORION OYJ                LEHDISTÖTIEDOTE 25.4.2025 KLO 9.00          Orion lisensoi Cricetolta innovatiivisen apomorfiinisuihkeen (APORON®) Parkinsonin taudin OFF-jaksojen hoitoon Orion Oyj ("Orion") ja Criceto IKM B.V. ("Criceto") ovat allekirjoittaneet yksinoikeudellisen lisenssisopimuksen innovatiivisen apomorfiini-suusuihkeen (APORON®) kehittämisestä ja kaupallistamisesta Parkinsonin tautia sairastavien potilaiden OFF-jaksojen hoitoon. Cricetolla on parhaillaan mene...

 PRESS RELEASE

Composition of the Nomination Committee of Orion Corporation

Composition of the Nomination Committee of Orion Corporation ORION CORPORATION STOCK EXCHANGE RELEASE – OTHER INFORMATION DISCLOSED ACCORDING TO THE RULES OF THE EXCHANGE24 APRIL 2025 at 11.00 EEST                    Composition of the Nomination Committee of Orion Corporation The Board of Directors of Orion Corporation has appointed the following persons to the Nomination Committee of the company: Annika EkmanPetteri KarttunenRisto KarvonenVeli-Matti MattilaHilpi RautelinSeppo Salonen Hilpi Rautelin was appointed as Chair of the Committee. The duty of the committee is to prepare an...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch