• The International Chamber of Commerce tribunal has ruled in favor of AOP Health in a licensing dispute over BESREMi (ropeginterferon alfa-2b), a treatment for polycythemia vera, against PharmaEssentia Corporation.
• BESREMi, launched in 2019, has successfully treated approximately 9,000 patients in European, CIS, and Middle Eastern markets under AOP Health's development and commercialization rights acquired in 2009.
• The ruling addresses PharmaEssentia's intentional breaches and liability claims, while the quantum of damages is yet to be determined in this latest arbitration proceeding.