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Tesaro inks license deal with Jiangsu Hengrui for exclusive distribution of rolapitant in China

Jul. 30, 2015 9:52 AM ETTesaro (TSRO) StockMRK, OPK, HRTX, ESALY, ESALF, INSYQ, SLS, TSRO, RDHL, GWPHBy: Douglas W. House, SA News Editor2 Comments
  • Tesaro (TSRO -3.8%) secures an exclusive license agreement with China-based Jiangsu Hengrui Medicine Co. for the development, registration, manufacture and commercialization of rolapitant in China. Specific financial terms are not disclosed.
  • Rolapitant is an investigational neurokinin-1 (NK-1) receptor antagonist under development for the prevention of chemotherapy-induced nausea and vomiting (CINV). The company's NDA is currently under FDA review with a PDUFA date of September 5.
  • CINV-related tickers: (GALE -1.8%)(HRTX -2.2%)(MRK -0.1%)(RDHL -0.1%) (OTCPK:ESALF) (OTCPK:ESALY) (OPK -1.3%)(INSY -2.3%)(GWPH -2.1%)

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