- Quoin Pharmaceuticals Ltd QNRX has entered into an exclusive License and Distribution Agreement with Genpharm Services for QRX003 for Netherton Syndrome.
- Under the agreement terms, Genpharm has exclusive rights to commercialize QRX003 in the Middle East and North Africa region upon receiving regulatory approvals in both territories.
- The companies have also entered into an exclusive Supply Agreement, under which Quoin will manufacture and supply the product to Genpharm Services.
- Deal terms were not disclosed.
- Netherton Syndrome is a rare, hereditary skin disorder.
- Related Link: Quoin, AFT Pharmaceuticals Ink Licensing Pact For Lead Candidate In Genetic Skin Disease.
- Price Action: QNRX shares are down 18.6% at $5.62 during the market session on the last check Thursday.
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