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Q BioMed Acquires Rights of Metastron from GE Healthcare

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Q BioMed Acquires Rights of Metastron from GE Healthcare

Shots:

• GE Healthcare to receive upfront- milestone and single digit royalties for 15 yrs and Q BioMed to get rights of Metastron- in 22 approved countries
• The acquisition of Metastron will support as a non-opioid therapy to treat debilitating pain associated with skeletal cancer metastases and is expected to expand the scope of drug
• Metastron (Strontium Chloride- Sr-89) IV is a non-narcotic analgesic- indicated for reduction of bone pain palliation in metastatic cancer

Ref: Q BioMed | Image: HIT Consultant


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