Orexo receives additional funding to extend OX390 development
BARDA provides $2.99 million to extend the initial development phase for OX390 through 2027, increasing total contract value to $53.8 million.
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Pharmaceutical company developing medicines with formulation technologies
orexo.seLast updated
In short: Orexo divested U.S. rights for Zubsolv for $91 million and reached a $4 million non-binding settlement with the U.S. DOJ.
BARDA provides $2.99 million to extend the initial development phase for OX390 through 2027, increasing total contract value to $53.8 million.
Järrsten departs to pursue investment advisory roles after leading key financial milestones and corporate restructuring. His exit enables administrative cost optimization as Orexo streamlines operations.
The company advances OX640, Izipry, and OX390 trials, initiates financing with DNB Carnegie, and continues DOJ negotiations while restructuring.
Total net revenues were SEK 3.5 million with a net loss of SEK 102.5 million, while advancing pipeline programs including Izipry and OX640.
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Orexo's US subsidiary has received an additional $3 million from the Biomedical Advanced Research and Development Authority for the project...
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Orexo CEO Nikolaj Sørensen is making a bold bet: that a dry powder puffed into the nose can replace injections, daily tablets ...
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