Durata Therapeutics, Inc. Announces Worldwide Rights for the Development and Commercialization of Advanced-Stage Antibiotic, Dalbavancin

MORRISTOWN, N.J.--(BUSINESS WIRE)--Durata Therapeutics today announced the Company has attained worldwide rights for the development and commercialization of Durata’s lead product, dalbavancin, a long-acting, intravenous (IV) lipoglycopeptide for the treatment of acute bacterial skin and skin structure infections (abSSSI). In December 2010, Durata acquired from RaQualia Pharma commercialization rights for dalbavancin in Japan. All other rights, including in North America and the European Union, were acquired from Pfizer upon the formation of Durata in late December 2009. Specific monetary terms of the acquisitions were not disclosed.

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