Advicenne announced that it has signed an exclusive distribution agreement with FrostPharma AB, for the commercialization of Sibnayal™ in the Nordic region (Denmark, Finland, Iceland, Norway, and Sweden). The partnership with FrostPharma is the third Advicenne has signed for Sibnayal™ in Europe, following the recently signed similar collaborations with TwinPharma in Benelux, and ExCEEd Orphan in Central and Eastern European Countries. The three companies comprise the exclusive ‘Your Pharma Partner' network, providing services and delivering innovative treatments to patients in 25 European countries.

With these three partners, Sibnayal™ will be made available to about a third of European patients. Sibnayal™ is the first and only label-approved drug for the treatment of Distal renal tubular acidosis (dRTA) in adults, adolescents, and children aged one year and older. Earlier this year, the European Commission granted marketing authorisation to Sibnayal™ for the treatment of dRTA.

Under the terms of the agreement, FrostPharma will receive exclusive marketing rights to Sibnayal™ for the treatment of dRTA in its respective market. For its part, Advicenne will receive a transfer price for the sale of its product and royalties for an amount significantly higher than 50% of future sales. As part from the agreement, FrostPharma is also managing the Early Access Program running for Sibnayal™ in Sweden.