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Full interview: Shield Therapeutics ties up US$63mln deal for Feraccru in China

Shield Therapeutics (LON:STX) has signed an exclusive agreement worth up to US$63mln for its iron deficiency treatment Feraccru to be sold in China. Chief Executive Carl Sterritt came to talk to us at Proactive London and he couldn't hide his enthusiasm at the deal making it over the line, having worked diligently on it for more than a year. News here on when the drug will go commercial, what the terms of the agreeement are and a whisper on discussions with major US partners too.
The deal with ASK Pharm (Beijing Aosaikang Pharmaceutical), covers China, Hong Kong, Macau and Taiwan and will involve an upfront payment of US$11.4mln and up to US$51.4mln in milestone and royalties.

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Price: 163.0001 GBX

LSE:STX
Market: LSE
Market Cap: £191.02 m
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Shield Therapeutics: Analyst discusses further positive data from...

Proactive Research analyst Emma Ulker discusses further positive data which has been released from Shield Therapeutics' (LON:STX) non-inferiority AEGIS H2H study. It pitted Shield's oral ferric maltol (branded as Feraccru in Europe and Accrufer in US) against intravenous ferric carboxymaltose...

on 31/10/19

2 min read