Gowling WLG's Life Sciences team, led by partner Patrick Duxbury and including Mathilda Davidson, Alice Stagg, James Barr and Bernardine Adkins, have assisted Aegerion Pharmaceuticals in its licensing agreement with Amryt Pharma.

Under the terms of the agreement, Amryt is granted the exclusive rights to the medical product Lojuxta hard capsules in the European Economic Area (EEA), Switzerland, Turkey and certain Middle Eastern and North African countries.

The team advised Aegerion on the complex drafting and negotiation of the transaction documents. The agreement includes an exclusive license for Amryt to promote and distribute the drug, paying Aegerion sales-related milestone payments and royalties. Amryt will also be responsible for ongoing regulatory and part-marketing obligations in support of the Lojuxta brand.