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503 Lansen Pharmaceutical Holdings News Story

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Brief: Lansen Pharmaceutical unit enters asset purchase agreement with Novartis

March 30 (Reuters) - Lansen Pharmaceutical Holdings Ltd  0503.HK : * Subsidiary of the company, entered into asset purchase agreement with Novartis * Subsidiary of the company, entered into licence agreement to grant the licences, relating to the pharmaceutical product * Deal for total cash consideration comprising upfront payment of $8 million, plus additional milestone payments of a maximum $1.5 million * Source text for Eikon  ID:nHKS7d38Z4  ((For more news, please click here  0503.HK ))  ((Bangalore Newsroom; +91 806749 1130))

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