Brief: IX Biopharma Says Entered Exclusive License Agreement With Seelos Therapeutics
Nov 24 (Reuters) - IX Biopharma Ltd IXBI.SI :
* ENTERED INTO AN EXCLUSIVE LICENSE AGREEMENT WITH SEELOS
THERAPEUTICS
* WILL RECEIVE US$9 MILLION UPFRONT PAYMENT TO BE SATISFIED
IN
CASH AND SHARES
* ALSO ELIGIBLE FOR UP TO US$239 MILLION IN MILESTONE
PAYMENTS AS
PART OF DEAL
Source text for Eikon: ID:nSN4DNx5y
Further company coverage: IXBI.SI
((Reuters.Briefs@thomsonreuters.com;))
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