NPS Pharmaceuticals, Inc. NPSP today reported that Nycomed, a global pharmaceutical company, headquartered in Switzerland, has submitted a Marketing Authorization Application (MAA) to the European Medicines Agency (EMA) for clearance to market teduglutide (Revestive®) as a once-daily subcutaneous treatment for short bowel syndrome (SBS).
The submission triggers a mid-seven digit milestone payment to NPS.
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