Brief: Sun Pharma Advanced Research Enters Into Licensing Agreement With Biomodifying

Sun Pharma Advanced Research

03/12/2021 09:04

Dec 3 (Reuters) - Sun Pharma Advanced Research Co Ltd
 SPRC.NS :
    * HAS ENTERED INTO AN AGREEMENT WITH BIOMODIFYING LLC
    * AGREEMENT TO EXCLUSIVELY LICENSE BIOMODIFYING'S
INTELLECTUAL
PROPERTY
    * UNDER AGREEMENT, BIOMODIFYING IS ELIGIBLE FOR AN UP-FRONT
PAYMENT, MILESTONE PAYMENTS, ROYALTIES ON SALES
    * CO WILL PAY BIOMODIFYING A PERCENT OF PAYMENTS GOT FOR
SUBLICENSES OF LICENSED IP

Source text for Eikon:  ID:nBSE54HYbH 
Further company coverage:  SPRC.NS 

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