other material
confidence high
sentiment neutral
materiality 0.60
Petros Pharmaceuticals signs manufacturing agreement with Thermo Fisher's Patheon for Stendra
Petros Pharmaceuticals, Inc.
- Metuchen (Petros subsidiary) and Patheon (Thermo Fisher) will collaborate on tech transfer and validation to manufacture Stendra at Patheon's Cincinnati facility.
- Agreement covers pharmaceutical development and technology transfer services to establish and validate Patheon's ability to supply Stendra.
- Commercial sale of product produced during the agreement requires a subsequent commercial manufacturing services agreement.
- After successful validation, parties will execute a commercial manufacturing agreement for release of commercially saleable products.
- Agreement effective until services completed; each party may terminate under customary conditions.