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Marathon Pharmaceuticals LLC

Drug Names(s): lidocaine hydrochloride monohydrate, ALGRX 3268

Description: Zingo is a lidocaine hydrochloride monohydrate powder designed for intradermal administration. Lidocaine is an amide-type local anesthetic that blocks sodium ion channels that are required for the initiation and conduction of neuronal impulses.

Deal Structure: Anesiva and Powder/Lee's Pharmaceuticals
In December 2009, Anesiva sold certain assets related to Zingo to Powder Pharmaceuticals and Lee's Pharmaceuticals. Under the terms of the Asset Purchase Agreement, the total purchase price of the Zingo-related assets was approximately $2.7 million with payment contingent on the delivery of certain assets to Powder Pharmaceuticals and Lee's Pharmaceuticals.

Marathon and Powder/Lee's Pharmaceuticals
In November 2013, Lees Pharmaceutical announced that a License, Distribution & Supply Agreement (Agreement) for Zingo (lidocaine hydrochloride monohydrate) powder intradermal injection system has been executed between Powder Pharmaceuticals, an associated company of the Group, and Marathon Pharmaceuticals.

According to the Agreement, Marathon is appointed by Powder as the exclusive licensee, distributor, marketer, advertiser, promoter, importer and seller of Zingo in the United States. The Agreement is effective...See full deal structure in Biomedtracker

Partners: Lee's Pharmaceutical Holdings Limited

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