ALLECRA THERAPEUTICS AND ACINO SIGN EXCLUSIVE LICENSING AND SUPPLY AGREEMENT FOR ALLECRA'S NOVEL ANTIBIOTIC EXBLIFEP® IN GULF COOPERATION COUNCIL COUNTRIES AND SOUTH AFRICA

Saint-Louis, France and Weil am Rhein, Germany and Zurich, Switzerland, June 24 (Bernama) -- Allecra Therapeutics (“Allecra”) and Acino today announced the signing of an exclusive licensing agreement under which Acino gains the rights to commercialise Allecra’s antibiotic drug EXBLIFEP® (cefepime/enmetazobactam) within the Republic of South Africa and the member states of the GCC alliance, which includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, effective from 12 June 2024. In addition, the companies have signed a supply agreement under which Allecra will supply the cefepime/enmetazobactam finished product in the above territories.

“Acino has established itself as a leader in South Africa and the GCC region. They are an ideal partner to support us as we build towards commercialisation of EXBLIFEP® following our regulatory approvals in the US and EU,” stated Andreas Kranzusch, Chief Financial Officer and Managing Director at Allecra Therapeutics. “This agreement reflects the understanding that there remains a significant global need to address the dangerous increase of resistance to standard-of-care antibiotics, and we look forward to working with Acino to address this.”