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HEALTHCARE | Drug Development

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Stage

Acquired | Acquired

About Primm Pharma

Primm Pharma is a Milan, Italy-based company specialized in the development and production of pharmaceutical formulations for slow release injections. Primm Pharma has a portfolio currently consisting of five slow release biogeneric candidates. The lead product Spherotide will primarily be used for the treatment of prostate cancer and endometriosis and will be available in emerging markets from mid 2017.

Primm Pharma Headquarter Location

Milan,

Italy

Latest Primm Pharma News

Xbrane divests Primm Pharma

Feb 24, 2021

Xbrane divests Primm Pharma Xbrane Biopharma has entered into a non-binding term-sheet with NewFaDem for a divestment of Primm Pharma. Xbrane’s long term focus is to become a world leading biosimilar developer, and hence Primm Pharma falls outside its strategic scope, the company states. A total consideration of up to €14 million The non-binding terms include the sale of 100% of the shares in Primm Pharma to NewFaDem for a total consideration of up to €14 million to be paid in part upfront and on development and sales related milestones. Primm Pharma is a fully owned subsidiary of Xbrane located in Italy and specialized in the development of long acting injectables based on a microsphere encapsulation technology. Primm Pharma´s lead product candidate is Spherotide, a long acting triptorelin formulation, intended to become the first approved generic to Decapeptyl with global annual sales of approximately € 400 million. The next step in the development of Spherotide is to initiate the phase III trial and proceed towards filing in Europe. Xbrane and NewFaDem jointly target to complete the transaction during 2021, after a confirmatory due diligence has taken place. Photo of Martin Åmark, CEO, Xbrane

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Expert Collections containing Primm Pharma

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Primm Pharma is included in 3 Expert Collections, including Pharma Startups.

P

Pharma Startups

6,549 items

Pharmaceutical companies working across drug discovery, drug development and drug manufacturing.

C

Cancer Therapeutics

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Pharmaceutical and biotechnology companies with cancer therapy drug candidates.

C

Cancer

4,844 items

Companies researching, developing, or offering products & services that aid in the screening, prevention, diagnosis, management, and treatment of cancer.

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