Dong Wha licenses osteoporosis drug candidates to P&G

8 July 2007

Seoul, Korea-based Dong Wha and USA-based Procter & Gamble have entered a strategic alliance under which P&G will have rights to develop and commercialize a novel class of molecules for the treatment of osteoporosis. The agreement includes Dong Wha's novel drug DW1350 and a family of back up compounds. The firm will retain rights for specific countries in Asia and will grant them exclusively to P&G for the rest of the world.

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