Brief: Adocia And Tonghua Dongbao Announce A Strategic Alliance For Biochaperone Combo And Biochaperone Lispro In China
April 26 (Reuters) - Adocia Sa ADOC.PA :
* ADOCIA AND TONGHUA DONGBAO ANNOUNCE A STRATEGIC ALLIANCE
FOR
BIOCHAPERONE(®) COMBO AND BIOCHAPERONE(®) LISPRO IN CHINA
* $50M UP-FRONT PAYMENT UPON SIGNING
* UP TO $85M ON MILESTONES PAYMENTS AND EXPECTED
DOUBLE-DIGIT
ROYALTIES ON PRODUCTS SALES
Source text for Eikon: ID:nBw5jMzt7a
Further company coverage: ADOC.PA
(Gdynia Newsroom)
((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))
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