NEOVACS (Alternext Paris: ALNEV), today announced the signature of an exclusive licensing agreement with Chong Kun Dang (CKD) Pharmaceutical Corp. (Seoul, South Korea) to market the IFNα-Kinoid for the indications Lupus and Dermatomyositis, in South Korea.
In this country Lupus is considered as an orphan disease, with an estimated market just below 20,000 patients. This should enable CKD to start the registration process with the South Korean health authority by the end of 2017, following successful completion of the ongoing Phase IIb trial which includes five investigation centers in South Korea.
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