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Under the terms of the agreement, Shufang Pharmaceuticals will receive exclusive development and commercialization interests in Chinese mainland, Hong Kong and Macao Special Administrative Regions for Leriglitazone's treatment of X-series adrenal white blood malnutrition (X-ALD), a rare and life-threatening neurological disorder, and Minoryx will receive a down payment of up to $78 million and a two-figure annual net sales share.
Leriglitazone, a new oral selective PPAR gamma agonist, is expected to be the world's first treatment to fill the gap in the field of X-ALD disease, having previously been identified as an orphan drug for X-ALD in the United States and Europe, and as a fast-track and pediatric rare disease identified by the FDA in the United States.
a critical registered clinical trial (ADVANCED) for adult X-ALD patients assessing Leriglitazone's treatment of epinephrine neuropathy (AMN) is being conducted simultaneously in the United States and Europe, and the results of this randomized, double-blind, placebo-controlled, international multi-center Phase 2/3 clinical trial are expected to be published in late 2020.
another open-label Phase 2 key registered clinical trial to assess the efficacy of Leriglitazone in the treatment of brain type X-ALD in children is under way in Europe, with preliminary results expected to be published in mid-2021.
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