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home / news releases / PHAR - Pharming sells rare pediatric disease PRV to Novartis for $21.1M


PHAR - Pharming sells rare pediatric disease PRV to Novartis for $21.1M

2023-06-01 10:44:12 ET

  • Pharming Group ( NASDAQ: PHAR ) has entered into a definitive agreement with Novartis Pharma A.G. to sell its Rare Pediatric Disease Priority Review Voucher, the company said Thursday.

  • Under sale terms, Novartis has pre-agreed to a one-time payment to the company of about US$21.1 million.

  • Pharming was granted the PRV by the FDA in March 2023 in connection with the approval of Joenja.

  • Press Release .

For further details see:

Pharming sells rare pediatric disease PRV to Novartis for $21.1M
Stock Information

Company Name: Pharming Group N.V.
Stock Symbol: PHAR
Market: NASDAQ
Website: pharming.com

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