Vistagen, Fuji Enter Exclusive Negotiation Agreement For Potential License To Develop, Commercialize Vistagen's Investigational Menopausal Hot Flash Therapy, PH80 Nasal Spray, In Japan; Vistagen To Receive $1.5M
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Vistagen and Fuji have entered into an exclusive negotiation agreement for a potential license to develop and commercialize Vistagen's investigational menopausal hot flash therapy, PH80 Nasal Spray, in Japan. Vistagen will receive $1.5 million and Fuji will obtain a time-limited exclusive negotiation period for the Japanese market. A recent Phase 2A study showed PH80's significant reduction in the number of hot flashes and related symptoms compared with placebo.
September 05, 2023 | 1:03 pm
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POSITIVE IMPACT
Vistagen's potential partnership with Fuji for the development and commercialization of PH80 Nasal Spray in Japan could provide a new revenue stream. The recent positive results from the Phase 2A study further increase the potential value of this deal.
The news of a potential partnership with Fuji for the development and commercialization of PH80 Nasal Spray in Japan is directly related to Vistagen and could have a positive impact on its stock price. The deal could open up a new revenue stream for Vistagen. Furthermore, the recent positive results from the Phase 2A study increase the potential value of this deal and could boost investor confidence in Vistagen.
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