Hyperion Therapeutics Grants Rights to Sobi to Distribute RAVICTI in Middle East

Swedish Orphan Biovitrum AB (publ) (Sobi)

and Hyperion Therapeutics

announced today that Sobi has been granted the exclusive rights by Hyperion to distribute RAVICTI (glycerol phenylbutyrate) Oral Liquid on a named patient basis for the chronic treatment of Urea Cycle Disorders (UCD) in the Middle East. Under the agreement, Sobi receives the rights to provide RAVICTI in Saudi Arabia, Oman, United Arab Emirates, Jordan, Kuwait, Qatar and Bahrain. Financial details were not disclosed. "We are proud of this partnership with Hyperion and RAVICTI is a perfect fit with our existing UCD business and the capabilities within our Genetics Therapeutic Area," said Geoffrey McDonough, President and CEO at Sobi. "We believe the recent FDA approval of RAVICTI can allow us to provide access for this important therapy in the Middle East." UCD patients lack enzymes or transporters necessary for the conversion of ammonia to urea and experience heightened levels of ammonia in the bloodstream. Left untreated, UCDs can result in neurological damage, coma, and/or death. Approved by the Food and Drug Administration on February 1, 2013, RAVICTI is an oral medication used for the long-term management of high blood levels of ammonia. - - - About RAVICTI In short term clinical studies involving more