Brief: Advicenne Announces Commercialization Agreement With Taiba For Sibnayal In Middle East

Advicenne SA

28/06/2022 06:15

June 28 (Reuters) - Advicenne SA  ALDVI.PA :
    * ADVICENNE ANNOUNCES COMMERCIALIZATION AGREEMENT WITH TAÏBA
HEALTHCARE FOR SIBNAYAL IN MIDDLE-EAST
    * ADVICENNE WILL RECEIVE A TRANSFER PRICE AND ROYALTIES FOR
AN
AMOUNT MARKEDLY HIGHER THAN 50% OF FUTURE SALES OF SIBNAYAL
    * UNDER TERMS OF AGREEMENT, TAIBA HAS EXCLUSIVE MARKETING
RIGHTS
TO SIBNAYAL IN ITS INDICATION OF TERRITORIES DEFINED IN CONTRACT
    * ADVICENNE WILL RECEIVE PROCEEDS FROM SALE OF SIBNAYAL IN
FORM OF
A TRANSFER PRICE AND ROYALTIES FOR A COMBINED AMOUNT
SIGNIFICANTLY GREATER THAN 50% OF FUTURE SALES

Source text for Eikon:  ID:nBw5QhMk0a 
Further company coverage:  ALDVI.PA 

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