AcuCort AB (publ) announced that the company has signed an exclusive commercial agreement with Kamada Ltd. The agreement gives Kamada the exclusive right to the marketing and sales as well as the distribution of AcuCort's drug Zeqmelit™ for, among other things, the treatment of acute allergy on the Israeli market. Under the terms of the agreement, Kamada is responsible for the commercialization of Zeqmelit™ in Israel and has the exclusive right to marketing, sales, and distribution of the drug in this market. Thus, it is incumbent on Kamada to register Zeqmelit™ in Israel.

Kamada's assessment is that the company will be able to apply for registration and market approval to the Israeli authority MOH, Ministry of Health, in the first quarter of 2023. The processing of the submitted application is expected to take between 8 - 24 months. In the development of Zeqmelit™, AcuCort has managed to combine the benefits of the well-proven substance dexamethasone and the patented user-friendly oral film for quick availability and relief in emergency situations such as severe and acute allergic reactions.