Elan sells Botox rival Myobloc to Solstice

Related tags Botulinum toxin

Irish neuroscience based biopharmaceuticals company Elan has sold
its botulinum toxin type B product Myobloc/Neurobloc to Solstice
Neurosciences for up to €15 million.

Elan​ has announced the sale of its worldwide rights to Myobloc/Neurobloc, a botulinum toxin type B to Solstice Neurosciences, a newly formed company focused on the development, manufacturing, sales and marketing of speciality biopharmaceutical products.

Included in the sale are the related intellectual property, the product inventory, and the manufacturing facility. The associated manufacturing employees will be offered the opportunity to continue their work with Myobloc as employees of Solstice.

Myobloc was developed by Elan and is currently approved in the US, Canada and Europe for the treatment of cervical dystonia to reduce the severity of abnormal head position and neck pain.

Perhaps the most commonly known use of botulinum toxin is as an anti-wrinkle treatment. However, Myobloc has faced stiff competition from established rival Botox.

Related topics Business & Financial Skin Care

Related news

Related products

show more

Get up to $500 off IGEN™ Non-GMO Tested Program!

Get up to $500 off IGEN™ Non-GMO Tested Program!

Content provided by SGS Nutrasource | 04-Jul-2024 | Insight Guide

The cosmetics industry has seen unprecedented growth in recent years, and with this growth comes a rising concern for what’s inside our everyday products.

Calendula Cellular Elixir: Alchemy in a cell

Calendula Cellular Elixir: Alchemy in a cell

Content provided by Naolys | 07-Jun-2024 | Product Brochure

Get ready to experience a cellular evolution in skincare with InnerLift Calendula's advanced Plant Cell biotechnology.

Exosomes: Passing Trend or Transformative Reality?

Exosomes: Passing Trend or Transformative Reality?

Content provided by Naolys | 26-Mar-2024 | White Paper

Exosomes, microscopic vesicles naturally present in abundance within Plant Cells, have garnered significant attention within the scientific and cosmetic...

Related suppliers

Follow us

Products

View more

Webinars