Brief: Lipidor Completes SEK 1.7 Mln Sale Of Animal Segment Patent

Lipidor AB

25/01/2024 07:13

Jan 25(Reuters) - Lipidor AB (publ)  LIPI.ST :
    * SAID ON WEDNESDAY IT COMPLETES SEK 1.7 MILLION SALE OF
ANIMAL
SEGMENT PATENT
    * ONE OF THE COMPANY'S PATENTS, PREVIOUSLY OUT-LICENSED TO
EMOLLIVET AB, HAS NOW BEEN SOLD TO THE SAME PARTY
    * SALE IS AIMED AT STRENGTHENING LIPIDOR'S SHORT TERM CASH
POSITION
    * PURCHASE PRICE HAS BEEN SET ON MARKET TERMS
    * ROYALTY AGREEMENT IS TERMINATED

        
 Source text for Eikon:  urn:newsml:reuters.com:*:nMFN1hCN4g
 Further company coverage:  LIPI.ST  

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