SEOUL, South Korea, June 5, 2023 /PRNewswire/ -- On June 2nd, Daewoong Pharmaceutical (CEO Jeon Sengho, Lee Changjae) today announced that it and Neurogastrx have agreed to terminate the June 2021 license agreement, which granted Neurogastrx exclusive right to develop and commercialize Fexuprazan with respect to the U.S. and Canada market.
Daewoong Pharmaceutical said it has submitted a new drug application (NDA) for Fexuprazan, its gastroesophageal reflux treatment, to four Latin American countries -- Mexico, Chile, Ecuador, and Peru.
WOBURN, Mass., June 8, 2021 /PRNewswire/ -- Neurogastrx, Inc., a privately held specialty pharmaceutical company developing transformative therapies for gastrointestinal (GI) disorders, announced today that it has entered into an exclusive license agreement with Daewoong Pharmaceutical Co., Ltd., of Seoul, South Korea, for the development and commercialization of fexuprazan, an investigational novel potassium-competitive acid blocker (P-CAB) for the treatment of erosive esophagitis (EE) and other acid-related conditions.