Eton acquires marketing rights to pediatric drug
DEER PARK - Specialty drugmaker Eton Pharmaceuticals has acquired U.S. marketing rights to Alkindi Sprinkle from Diurnal Group plc.
Terms of the acquisition were not announced.
Alkindi Sprinkle's New Drug Application is currently under review with the U.S. Food and Drug Administration for approval as a replacement therapy for pediatric adrenal insufficiency in patients from birth to less than 17 years old.
"This product represents the largest market opportunity within our pipeline and adds a major near-term product launch," said Sean Brynjelsen, CEO of Eton Pharmaceuticals.
Diurnal Group CEO Martin Whitaker added that, if approved, Alkindi Sprinkle will "provide a major breakthrough in the U.S. as the only licensed treatment specifically designed for use in children with adrenal insufficiency."