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Agreement expands Mycovia’s worldwide commercialization plans for VT-1161 to Europe, Latin America, Australia, Russia and Commonwealth of Independent States

Mycovia will continue to quickly develop VT-1161 as a prospective first FDA-approved remedy for recurrent candidiasis that is vulvovaginal

DURHAM, N.C.–( COMPANY WIRE )–Mycovia Pharmaceuticals, Inc. today announced this has entered into a license that is exclusive development and technology transfer contract with Gedeon Richter Plc., located in Budapest, Hungary, to commercialize and produce VT-1161 in European countries, Latin America, Australia, Russia along with other CIS nations. VT-1161, a dental product that is antifungal, is in period 3 medical studies for the remedy for Recurrent Vulvovaginal Candidiasis (RVVC), a debilitating, chronic infectious condition that impacts almost 138 million ladies global every year.

“We are excited to partner with Gedeon Richter, a business with strong market leadership in women’s health, to build up and commercialize VT-1161, our possible first treatment that is FDA-approved RVVC,” said Patrick Jordan, CEO of Mycovia and Partner at NovaQuest Capital Management, which formed Mycovia in 2018 to advance VT-1161 in worldwide areas. Read more »