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Ipsen and GTx enter into partnership agreement for the European Acapodene rights

Published in Health and Medicine Week, October 2nd, 2006

Ipsen (IPN), a European pharmaceutical group, and GTx, Inc., (GTXI), a men's health biotech company, have entered into a definitive agreement under which Ipsen will have an exclusive license to develop and market GTx's Acapodene (toremifene citrate) in all indications except breast cancer, in Europe (European Union, Switzerland, Norway, Iceland, Lichtenstein, and the Commonwealth of Independent States).

Acapodene, a selective estrogen receptor modulator, is intended to exploit a new strategy of estrogen receptors modulation which could translate into a tangible clinical benefit in both the chemoprevention of prostate cancer in high-risk men and the treatment of multiple...

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