On November 6, 2023 PharmaMar (MSE:PHM) has reported receipt of a payment of $10 million from Janssen Products LP after reaching a commercial milestone for Yondelis (trabectedin) in the United States as defined in the licensing agreement (Press release, PharmaMar, NOV 6, 2023, View Source [SID1234637044]).

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In August 2019, PharmaMar entered into a new licensing agreement with Janssen, which replaced a 2001 licensing agreement, under which Janssen retained the right to sell and distribute, on an exclusive basis, Yondelis in the USA.

Today, Yondelis is approved in more than 70 countries for the treatment of Soft Tissue Sarcoma and in some of these countries for ovarian cancer as well.