Brief: Panacea Biotec, Apotex Enters Into Settlement Agreement With Celgene Corp
June 15 (Reuters) - Panacea Biotec Ltd:
* CO WITH PARTNER APOTEX ENTERED SETTLEMENT AGREEMENT WITH
CELGENE
CORPORATION
* SETTLEMENT FOR DISPUTES ON PATENTS COVERING ABRAXANE DRUG
, CO'S
ANDA FOR PACLITAXEL PROTEIN BOUND PARTICLES FOR INJECTABLE
SUSPENSION
* AS PART OF SETTLEMENT, CO, APOTEX WILL GET NONEXCLUSIVE
LICENSE;
MAY BEGIN SELLING CO'S GENERIC VERSION OF ABRAXANE IN U.S.,
TERRITORIES
* OTHER TERMS OF AGREEMENT ARE CONFIDENTIAL
Source text: http://bit.ly/2sXKZEc
Further company coverage: CELG.O
((Reuters.Briefs@thomsonreuters.com;))
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