Brief: Swk Holdings' Subsidiary, Enteris Biopharma, Receives $10 Million Milestone Payment From Cara Therapeutics

SWK Holdings

11/06/2021 13:44

June 11 (Reuters) - Cara Therapeutics Inc  CARA.O :
    * SWK HOLDINGS' SUBSIDIARY, ENTERIS BIOPHARMA, RECEIVES $10
MILLION MILESTONE PAYMENT FROM CARA THERAPEUTICS
    * SWK HOLDINGS - ENTERIS IS ENTITLED TO RETAIN $3.9 MILLION
OF
PAYMENT PER CONTRACTUAL SPLITS AGREED TO IN ENTERIS ACQUISITION
AGREEMENT

Source text for Eikon:  ID:nPn173qPja 
Further company coverage:  CARA.O 

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