In 2009, Sucampo licensed from R-Tech Ueno the development and commercialization rights to unoprostone isopropyl for the United States and Canada, including all associated patents, improvements, and other intellectual property owned, controlled and developed by R-Tech Ueno. Under this agreement R-Tech Ueno is the exclusive manufacturer of unoprostone isopropyl for Sucampo. The agreement also provides Sucampo with a portion of the clinical data needed to file for an RP indication in the US and Europe, an important step in extending the role of unoprostone isopropyl in treating other ophthalmic diseases.*Note: This program provides a participating institution with a total R&D funding of up to 2 billion yen (approximately US $22 M) for up to 7 years. If the development is successful, the participating institution repays the total amount of the provided funding by paying royalties based on product sales. If the development is not successful, the participating institution repays 10% of the provided funding, with no interest payments due.
Sucampo Announces Japanese Government Funding For Unoprostone Isopropyl Development In Retinitis Pigmentosa
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