On January 24, 2023 Helsinn Group ("Helsinn"), a fully integrated global biopharma company with a track record of over forty years of commercial execution and a strong focus in oncology and rare diseases, and Immedica Pharma AB, a pharmaceutical company focused on commercialisation of rare and specialty care products, reported that the companies have entered an exclusive long-term license and distribution agreement for the commercialisation of two cancer supportive care products indicated for the prevention of chemotherapy-induced nausea and vomiting (CINV) in core European markets : AKYNZEO (Netupitant-Palonosetron fixed combination) and ALOXI (Palonosetron) (Press release, Helsinn, JAN 24, 2023, View Source [SID1234626482]).

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Under the licence and distribution agreement Immedica will commercialise AKYNZEO in Portugal, Spain, France, Switzerland, the Netherlands, Belgium, Luxembourg and Liechtenstein, ALOXI in Switzerland, Belgium, Liechtenstein.

Anders Edvell, CEO of Immedica commented: "We are very pleased to have signed this agreement with Helsinn. Side-effects of cancer treatments have a significant impact on the quality of life of these severely ill patients. AKYNZEO and ALOXI are also an important addition to Immedica’s Oncology & Haematology portfolio."

Dr. Melanie Rolli, Helsinn Group CEO, commented: "This partnership will provide important treatment options for CINV across Europe. We look forward to working closely with Immedica in the months and years ahead to ensure more and more patients can access these important supportive care products."