Medicus Pharma Ltd. has announced a significant development in its strategic growth plan with the signing of a binding letter of intent to acquire Antev Ltd., a UK-based biotech company. Antev is in the late clinical stages of developing Teverelix, a next-generation GnRH antagonist, which is positioned as a first-in-market product for treating cardiovascular high-risk prostate cancer patients and those experiencing episodes of acute urinary retention due to an enlarged prostate. This acquisition aims to expand Medicus Pharma's portfolio and enhance its offerings in the pharmaceutical sector.
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