Abbott and Reata Pharmaceuticals Announce Agreement Abbott and Reata Pharmaceuticals have got entered right into a worldwide collaboration to jointly develop and commercialize Reata’s portfolio of second-generation oral antioxidant irritation modulators . The agreement is as well as the partnership between the two businesses announced in September 2010 in which Reata granted to Abbott exclusive rights to develop and commercialize its lead Purpose compound, bardoxolone methyl, outside of america, excluding certain Asian markets naltrexone reviews . The collaboration announced today can be a global agreement and includes a large number of molecules in a wide range of therapeutic areas, including pulmonary, central anxious system immunology and disorders. Abbott and Reata will equally share costs and income for new AIMs in all newly licensed indications except for rheumatoid arthritis and choose other autoimmune diseases, where Abbott will need 70 % of earnings and costs and Reata will take 30 %.
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