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Alfa Wasserman deal gives Theravance $63.5m plus royalties for velusetrag

This article was originally published in Scrip

Executive Summary

Theravance and the private Italian pharmaceutical group Alfa Wassermann have signed an exclusive development and commercialisation agreement worth up to $63.5 million plus royalties from sales for the US company's oral 5-HT4 agonist velusetrag (TD-5108) as a treatment for gastrointestinal motility disorders.

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