FDA approves Relistor to treat opioid-induced constipation

The Food and Drug Administration recently approved the tablet form of Relistor to treat opioid-induced constipation.


Relistor, produced by Tarrytown, N.Y.-based Progenics Pharmaceuticals, was originally approved in 2008 as an injectable.

 

Protogenics sold the licensing rights of Relistor to Raleigh, N.C.-based Salix Pharmaceuticals in 2011, which was later acquired by Canada-based Valeant for $11.1 billion in 2015.

 

Valeant agreed to give Progenics a $50 million milestone payment pending the FDA approval.

 

Valeant and Progenics hope to launch Relistor in the third quarter of 2016.

 

More articles on the drug market:

India's growing role in the US generic drug market: 5 things to know
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