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AFT Pharma hedges bet with drug deal

US company takes on the R&D risk in return for a slice of the profit.

AFT Pharmaceuticals has entered a licensing and development agreement for its Pascomer drug with US-based Timber Pharmaceuticals.

Pascomer treats facial angiofibromas, which are skin lesions associated with tuberous sclerosis, a skin condition. The company said the disease affects 30,000 people

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Sanjay Prakash Fri, 05 Jul 2019
Contact the Writer: Sanjay@nbr.co.nz
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AFT Pharma hedges bet with drug deal
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