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Fennec's partner Norgine launches PEDMARQSI in Germany for cisplatin-induced hearing loss prevention
FENNEC PHARMACEUTICALS INC.
- PEDMARQSI (sodium thiosulfate injection) launched in Germany by Norgine for prevention of ototoxicity in pediatric patients.
- First and only approved therapy in EU/UK for cisplatin-induced hearing loss in children 1 month to <18 years with localized solid tumors.
- License deal (March 2024) included $43M upfront, up to $230M in milestones, and double-digit tiered royalties (mid-teens to mid-twenties).
- Phase 3 data showed ~50% reduction in hearing loss vs. cisplatin alone.