Eton Pharmaceuticals Announces Acquisition Of FDA-Approved Ultra-Rare Disease Product Nitisinone
Portfolio Pulse from Benzinga Newsdesk
Eton Pharmaceuticals has announced the acquisition of an FDA-approved ultra-rare disease product, Nitisinone, used for the treatment of hereditary tyrosinemia type 1 (HT-1). The disease affects less than 500 patients in the United States.
October 04, 2023 | 10:52 am
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Eton Pharmaceuticals' acquisition of Nitisinone could potentially expand its product portfolio and revenue stream, although the market size is very limited due to the rarity of the disease.
The acquisition of Nitisinone by Eton Pharmaceuticals is a strategic move to expand its product portfolio. However, the impact on the company's revenue might be limited due to the ultra-rare nature of the disease it treats, affecting less than 500 patients in the US. Despite the limited market size, the acquisition could still be beneficial for Eton as treatments for rare diseases often command high prices.
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