Medivir licenses Respiratory Syncytial Virus drug program

New Post Public Reply Private Reply Replies (0) Message Board
News Desk 2018
Medivir licenses Respiratory Syncytial Virus drug program from Boehringer Ingelheim

Stockholm, Sweden — Medivir AB (OMX: MVIR) today announces that it has entered a license agreement with Boehringer Ingelheim International GmbH for exclusive, global rights to a drug program for the treatment and prevention of Respiratory Syncytial Virus (RSV) infection. “RSV is respiratory pathogen that can cause life-threatening infections, especially in children, the elderly and the immunocompromised. It is a major, underserved disease area today, with no effective treatment available” said Maris Hartmanis, Medivir’s CEO. “The in-licensing of this program illustrates Medivir’s strategic intent to enhance its R&D pipeline with high-value, commercial opportunities.” The program includes novel compounds that inhibit the RSV fusion protein, which is a key mediator of viral entry into host cells and a target for new medicines. “We are very pleased to have secured this program from Boehringer Ingelheim and to have the opportunity to build upon the impressive research already conducted” said Richard Bethell Medivir’s EVP, Discovery Research. “We can now look forward to advancing potential new drugs for the benefit of vulnerable patients.” Under the terms of the agreement Medivir receives an exclusive, global license to research, develop, manufacture and commercialise RSV drugs resulting from Boehringer Ingelheim’s program. Boehringer Ingelheim receives an upfront payment and future success milestones as well as royalties on sales. For more information please contact: Rein Piir, EVP Corporate Affairs & IR, mobile: +46 708 537 292 About RSV Human respiratory syncytial virus is the main viral cause of respiratory tract infection in infants, the elderly and the severely immunocompromised. Almost all children will have been infected with RSV by the time of their second birthday. It has been estimated that RSV resulted in around 33.8 million lower respiratory tract infections in children younger than 5 years in 2005, with 3.4 million requiring hospitalization and between 66,000 and 199,000 child deaths (Nair et al. 2010). Today only one drug is approved for therapeutic use – ribavirin – but its use is limited by a complex administration procedure, limited efficacy, high cost and toxic side effects. A humanised monoclonal antibody is available for prophylatic use, but it is approved only for prevention of RSV infection in infants that are at very high risk of serious lower respiratory tract disease following infection by RSV. Patients urgently need new, safe and effective drug options for the treatment and prevention of RSV infection. About Medivir Medivir is an emerging and profitable research-based pharmaceutical company with an established marketing and sales organisation in the Nordics with a broad portfolio of prescription pharmaceuticals. Medivir receives royalty from Johnson & Johnson global sales of the hepatitis C pharmaceutical Olysio. In addition, revenues for sales of Olysio in the Nordic region is generated through the companies own sales and marketing organisation. Medivir’s research and development portfolio of pharmaceuticals is based on the company’s expertise in polymerase and protease drug targets for different disease areas. The company’s current research and development is focused on infectious diseases, bone related disorders, neuropathic pain and oncology. Medivir is listed on the Nasdaq OMX Mid-Cap list.

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Bankers Brace for Rising Costs, Falling Loan Demand

Updated Category News Views 75

Tough Roads Ahead for Bankers? Picture this: bankers everywhere are gripping their coffee mugs a little tighter these days. Why? They’re staring down the barrel of rising funding costs, and loan demand looking about as flat as a pancake. IntraFi, a fintech handshake where finance folks swap tales, did a bit of number-crunching, and it's not paintin' a pretty picture....

Continue Reading
West Virginia's Water Upgrade: AWK's Strategic Moves

Updated Category News Views 95

Building a Water Infrastructure with Purpose Well, they ain't just whistling Dixie down in Ranson, West Virginia. American Water's been busy putting their money where their mouth is with this new 816,000-gallon tank. When you look at the bigger picture, it ain't just about a shiny new water storage toy. Nah, this is about setting the stage for long-term resilience in the...

Continue Reading
Family-Run Pet Retailer Debuts in Alamo Ranch

Updated Category News Views 104

Pet Supplies Plus Opens Its Doors in Alamo Ranch A fresh wave of pet-centered enthusiasm hit Alamo Ranch as Ray and Naz, proud local entrepreneurs, unveiled their new Pet Supplies Plus store on October 23. This isn't just any run-of-the-mill pet supply shop; it's a reflection of their personal journey as devoted pet parents. With a blend of grit and community spirit,...

Continue Reading
Veterans Hit Sales Milestones in Nexion Travel Program

Updated Category News Views 27

Veterans Carve New Paths in Travel Entrepreneurship Nexion Travel Group is giving veterans and military spouses a different kind of battleground—one where the prize isn't a medal, but a successful travel business. With their Veterans in Travel program, they've hit milestones that deserve more than just a polite nod. Surpassing Last Year's Benchmarks Let's cut to the...

Continue Reading
2026 Chinese Congress to Advance Integrative Oncology

Updated Category News Views 51

Changsha Set to Host a Global Convergence in Oncology For those interested in the blend of age-old wisdom and cutting-edge science, it’s time to tune into what’s happening in Changsha, China. The 2026 Chinese Congress on Holistic Integrative Oncology is about to kick off from November 12 to 15, and it's got quite the lineup of star-studded brainpower in the oncology...

Continue Reading
LG Wins CES Honor with Breakthrough Battery Diagnostic Tech

Updated Category News Views 122

Speeding Up Diagnostics: A Major Leap Forward In a world where every second counts, LG Energy Solution strikes gold with their latest innovation, Re.Pulse. CES Innovation Awards 2027 has honored LG for this slick piece of tech that trims down battery diagnosis time from a snail's pace seven hours to a lightning-fast 10 minutes. It's not just about speed—it’s also...

Continue Reading
New Metrics Aim to Elevate Organ Procurement Performance

Updated Category News Views 88

Revamping Organ Procurement: A New Approach In the tangled web of healthcare, the organ donation system stands as a lifeline that's often tangled in its metrics. The latest stride by the Association of Organ Procurement Organizations (AOPO) might put some untethered efforts in line. With an announcement on November 9, 2026, the AOPO unveiled three fresh performance...

Continue Reading
OpenHear BM420: CES 2027 Honoree for Accessibility

Updated Category News Views 94

Shokz's Big Leap With OpenHear BM420 Alright, this recognition for Shokz comes out of the left field for anyone not keeping an eye on their trajectory lately. From headphones to hearing aids—Shokz takes a genuine shot at making life easier for folks struggling with hearing issues. The CES 2027 Innovation Award for their OpenHear BM420 shows the tech's real potential in...

Continue Reading
Next Bridge Hydrocarbons' Call for Presidential Intervention

Updated Category News Views 59

Trump's New Team: A Hope for Shareholder Relief? Picture the scene—Next Bridge Hydrocarbons, caught in the depths of shareholder unrest over the unresolved MMTLP fiasco, is looking to the top for answers. With a fresh face, Stephen Miller, stepping in as the White House Chief of Staff, there's a new angle at play. They're knocking on the doors of the Trump...

Continue Reading
Black Farmers Revitalize Birmingham with Historic Market

Updated Category News Views 112

A Bold Return to Roots in Fountain Heights Fountain Heights, Birmingham—a place that's been screaming for change, finally gets its answer. Imagine, for almost 70 years, not a single grocery store in the neighborhood. That’s as wild as it gets. Streets once echoing with challenges now buzz with a new beginning. Enter the We All Eat Market by Fountain Heights Farms...

Continue Reading

Top 5 Most Recently Viewed Articles

Documentary Shines Light on BlinkNow's Impact in Nepal

Updated Category News Views 127

Documentary Showcases BlinkNow's Humanitarian Impact BlinkNow Foundation, an inspiring charity co-founded by New Jersey native Maggie Doyne, has announced the premiere of a new documentary, Between the Mountain and the Sky. This documentary encapsulates the extraordinary humanitarian work carried out in Nepal and addresses vital themes such as love, family, and...

Continue Reading
Stampede Drilling Reflects on 2024 Financial Performance

Updated Category News Views 112

Overview of Stampede Drilling Inc. Stampede Drilling Inc. emerged as a key player in the energy services sector, specializing in contract drilling services tailored for the unique formations within the Western Canadian Sedimentary Basin (WCSB). The company operates an impressive fleet of 18 telescopic double drilling rigs and one high-spec triple rig, showcasing its...

Continue Reading
Union Home Mortgage Launches Innovative Partnership with ARIVE

Updated Category News Views 286

Union Home Mortgage and ARIVE: A New Era in Lending Union Home Mortgage is taking significant steps to enhance broker access and streamline the lending experience by partnering with ARIVE, an innovative loan origination platform tailored for independent mortgage professionals. This collaboration marks a transformative moment for UHM and its brokers, ensuring they have the...

Continue Reading
Trillion Energy Updates on Operational Progress in SASB Project

Updated Category News Views 242

Trillion Energy Provides Update on SASB Offshore Project Trillion Energy International Inc. ("Trillion" or the "Company") (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) is thrilled to share exciting operational developments regarding its SASB offshore gas project in Turkey. Recent Developments in Well Operations In a significant move this year, Trillion successfully installed...

Continue Reading
HiTHIUM Surges in Global Energy Storage Battle

Updated Category News Views 58

Man, those aren't small potatoes in the energy storage realm! HiTHIUM’s blitz on the global rankings has caught my eye, and I don’t toss around praise lightly. The news out of Xiamen is that HiTHIUM secured the number two spot globally in energy storage battery shipments once again. That’s not just a medal; it’s a flashing beacon in a sector skyrocketing faster...

Continue Reading