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    [{"orgOrder":0,"company":"Luoxin Pharmaceutical","sponsor":"Marinomed Biotech","pharmaFlowCategory":"D","amount":"$22.0 million","upfrontCash":"$2.0 million","newsHeadline":"Luoxin Pharmaceutical Signs Licensing Agreement With Austria-based Marinomed Biotech AG for Budesolv\u00ae Budesonide Nasal Spray","therapeuticArea":"Immunology","highestDevelopmentStatus":"Phase III","country":"CHINA","productType":"Small molecule","productStatus":"Approved","date":"October 2021","url1":"","url2":"","graph1":"Immunology","graph2":"Phase III"}]

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              Luoxin Pharmaceutical Signs Licensing Agreement With Austria-based Marinomed Biotech AG for Budesolv® Budesonide Nasal Spray

              Details:

              Under the terms of the agreement, Shandong Luoxin will gain the exclusive rights for the development, manufacture, and commercialization of Budesolv® (Budesonide Nasal spray) in China (including Chinese mainland, Hong Kong and Macao SAR, Taiwan region).

              Lead Product(s): Budesonide

              Therapeutic Area: Immunology Product Name: Budesolv

              Highest Development Status: Phase III Product Type: Small molecule

              Recipient: Marinomed Biotech

              Deal Size: $22.0 million Upfront Cash: $2.0 million

              Deal Type: Licensing Agreement October 19, 2021

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