Alitair Pharmaceuticals and Edmond Pharma, SRL Announce Erdosteine® Licensing Agreement

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MORRISTOWN, N.J. & MILAN--(BUSINESS WIRE)--Alitair Pharmaceuticals, Inc., and Edmond Pharma S.r.l. today announced that they have entered into a definitive agreement for Alitair Pharmaceuticals to license Erdosteine, a mucolytic with antibacterial, anti-inflammatory, and antioxidant properties, from Edmond Pharma for development as an orphan drug in the United States and Canada. Financial terms of the agreement were not disclosed.

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