Brief: Pulmatrix Inc Enters Into Collaboration And License Agreement With Sensory Cloud Inc

Pulmatrix

15/04/2020 22:28

April 15 (Reuters) - Pulmatrix Inc  PULM.O :
    * PULMATRIX INC - ENTERED INTO A COLLABORATION AND LICENSE
AGREEMENT WITH SENSORY CLOUD, INC.
    * PULMATRIX INC - GRANTED SENSORY CLOUD AN EXCLUSIVE,
WORLDWIDE,
ROYALTY BEARING LICENSE TO PUR 003 AND PUR 006
    * PULMATRIX INC - CO SHALL BE ENTITLED TO ROYALTIES ON NET
SALES
OF LICENSED PRODUCT
    * PULMATRIX INC - PULMATRIX SHALL BE ENTITLED TO RECEIVE A
MILESTONE PAYMENT OF $1 MILLION

Source text: (https://bit.ly/2XBWUrk)
Further company coverage:  PULM.O 

 ((Reuters.Briefs@thomsonreuters.com;))