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Debiopharm, Shasun announce licensing deal
May 2013
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LAUSANNE, SwitzerlandóShasun Pharmaceuticals Ltd. has begun a licensing agreement with Debiopharm Group to manufacture and commercialize Huperzine-A, a potent and reversible acetylcholinesterase inhibitor with demonstrated promise in treating Alzheimer's disease patients. Per the terms of the agreement, Shasun will have access to Debiopharm's technology to manufacture synthetic Huperzine-A under GMP- quality conditions and commercialize it in pharmaceutical and nutraceutical markets. Financial details were not disclosed.  
 
"We are delighted to continue our collaboration with Shasun Pharmaceuticals Ltd. Clinical studies have demonstrated the drug to enable significant improvement in both memory deficit and cognitive performance, and we are excited to have the opportunity to add value to this technology while contributing to improve people's quality of life," said Dr. Rolland-Yves Mauvernay, president and founder of Debiopharm.

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