Meitheal Secures North American Rights To CONTEPO From Nabriva
Meitheal acquires CONTEPO, a cUTI antibiotic, enhancing their biopharmaceutical portfolio.
Breaking News
Jul 22, 2024
Mrudula Kulkarni
Meitheal Pharmaceuticals has enhanced its biopharmaceutical
offerings by acquiring the North American rights to CONTEPO (fosfomycin for
injection) from Nabriva Therapeutics. This acquisition includes development and
regulatory responsibilities, intellectual property, technology, and associated
expertise. Nabriva Therapeutics will receive an upfront payment upon the
completion of this deal, along with royalties from US net sales of CONTEPO.
CONTEPO is an intravenous broad-spectrum antibiotic that has demonstrated
efficacy against multi-drug-resistant bacteria responsible for complicated
urinary tract infections (cUTI). Fosfomycin for intravenous use is already
available outside the US, approved for nine indications, including cUTI and
other severe bacterial infections.
CONTEPO has introduced a new dosing strategy to enhance the
pharmacokinetics and pharmacodynamics of its compound. In the ZEUS trial, which
included patients with complicated urinary tract infections (cUTI), this
approach successfully achieved the primary endpoint. Consequently, Nabriva has
submitted a new drug application to the US Food and Drug Administration (FDA)
for approval of the injection to treat cUTI, including acute pyelonephritis.
The FDA is expected to make a decision in the latter half of 2024. In
preparation for the commercial launch, Meitheal is assembling a comprehensive
marketing and sales team, along with a medical science liaison team to assist
healthcare professionals. Nanjing King-Friend Biochemical Pharmaceutical,
Meitheal's parent company, has invested over $300 million in capital and
R&D to ensure a sustainable product supply, particularly in the area of
branded biopharmaceuticals.
Meitheal Pharmaceuticals CEO Tom Shea said, “The strategic addition of CONTEPO to our
robust product portfolio provides us with a novel therapeutic with the
potential to address a significant unmet need around increasing antibiotic
resistance. As a fully integrated biopharmaceutical company, Meitheal is
uniquely positioned to advance CONTEPO through the final stages of the
regulatory process and, if approved, deliver a consistent supply of this
high-quality antibiotic to patients and providers in need of an innovative
option for drug-resistant urinary tract infections.”