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Alitair Pharmaceuticals, Edmond Pharma announce licensing agreement

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Morristown-based Alitair Pharmaceuticals announced Wednesday its licensing agreement with Italian company Edmond Pharma regarding the latter's mucolytic erdosteine. Financial terms of the agreement were not disclosed.

According to the announcement, erdosteine is a mucolytic with antibacterial, anti-inflammatory and antioxidant properties. The agreement allows for Alitair's development of erdosteine as an orphan drug in the United States and Canada.

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