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Norgine will commercialize Pedmarqsi (sodium thiosulfate) in Europe, Australia and New Zealand. Pedmarqsi is the first and only approved therapy in the EU and U.K. for the prevention of ototoxicity induced by cisplatin chemotherapy in patients with localized, non-metastatic solid tumors.


Lead Product(s): Sodium Thiosulfate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: Pedmarqsi

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Norgine

Deal Size: $271.6 million Upfront Cash: $43.4 million

Deal Type: Licensing Agreement March 18, 2024

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The net proceeds will be used by the company for the commercialization of Pedmark (sodium thiosulfate), the only approved therapy for reducing the risk of hearing loss in pediatric cancer patients who receive treatment with platinum-based chemotherapy.


Lead Product(s): Sodium Thiosulfate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: Pedmark

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Petrichor

Deal Size: $20.0 million Upfront Cash: Undisclosed

Deal Type: Financing December 05, 2023

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Pedmarqsi™ (sodium thiosulfate) is the only FDA approved intravenous therapy, to reduce the risk of ototoxicity associated with cisplatin treatment in pediatric patients with localized, non-metastatic, solid tumors.


Lead Product(s): Sodium Thiosulfate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: Pedmarqsi

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 31, 2023

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Pedmark® (sodium thiosulfate) is the only FDA approved intravenous therapy, to reduce the risk of ototoxicity associated with cisplatin treatment in pediatric patients with localized, non-metastatic, solid tumors.


Lead Product(s): Sodium Thiosulfate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: Pedmark

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 31, 2023

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Pedmark® (sodium thiosulfate) is the only FDA approved intravenous therapy, to reduce the risk of ototoxicity associated with cisplatin treatment in pediatric patients with localized, non-metastatic, solid tumors.


Lead Product(s): Sodium Thiosulfate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: Pedmark

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 25, 2023

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Under the terms of the agreement, an additional is to be funded upon the potential U.S. Food and Drug Administration approval of PEDMARK (sodium thiosulfate) by September 30, 2022 and satisfaction of other closing conditions.


Lead Product(s): Sodium Thiosulfate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: Pedmark

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Petrichor Healthcare

Deal Size: $25.0 million Upfront Cash: Undisclosed

Deal Type: Financing August 22, 2022

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PEDMARK (sodium thiosulfate), has been studied by cooperative groups in two Phase 3 clinical studies of survival and reduction of ototoxicity, the clinical Oncology Group Protocol ACCL0431 and SIOPEL 6. Both studies have been completed.


Lead Product(s): Sodium Thiosulfate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: Pedmark

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Petrichor Healthcare Capital Management

Deal Size: $45.0 million Upfront Cash: Undisclosed

Deal Type: Financing August 01, 2022

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PEDMARK is a small molecule, unique formulation of STS, is administered 6 hours post completion of cisplatin infusion in an intravenous bolus dose over 15 minutes, has potential to reduce the incidence of chemotherapy-induced hearing loss.


Lead Product(s): Sodium Thiosulfate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: Pedmark

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable April 27, 2022

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PEDMARK™ (a unique formulation of sodium thiosulfate), is currently under evaluation by EMA, as an essential chemotherapeutic agent for many pediatric malignancies also has received breakthrough therapy and fast track designation.


Lead Product(s): Sodium Thiosulfate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: Pedmark

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 24, 2022

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The COG ACCL0431 protocol enrolled one of five childhood cancers typically treated with intensive cisplatin therapy for localized and disseminated disease, including newly diagnosed hepatoblastoma, germ cell tumor, osteosarcoma, neuroblastoma, and medulloblastoma.


Lead Product(s): Sodium Thiosulfate

Therapeutic Area: Otolaryngology (Ear, Nose, Throat) Product Name: Pedmark

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 29, 2021

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