Shield Therapeutics (GB:STX) has released an update.
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Shield Therapeutics’ partner, Korea Pharma, has filed a New Drug Application for the iron deficiency treatment Accrufer® in South Korea, with approval expected in 2025. This marks a significant step toward expanding Accrufer®’s global reach, following a successful local pharmacokinetic study confirming its efficacy. Shield Therapeutics stands to receive milestone payments and royalties on Korean sales, while also handling initial manufacturing and supply.
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