Drug news
Vestiq Pharma licenses Oravig for Oropharyngeal Candidiasis in US from BioAlliance Pharma
BioAlliance Pharma has entered into a licence agreement with Vestiq Pharmaceuticals, under which the latter gains the US commercialisation rights to the antifungal treatment, Oravig (miconazole), for oropharyngeal candidiasis in adults.Following PAR Strativa restructuring and change of its strategy including the acquisition of generic portfolio, BioAlliance Pharma had decided to regain full US commercialisation rights for Oravig in October 2011.In Europe, the product is marketed as Loramyc by the Therabel Group.