Gladerma licenses Aganocide compounds from NovaBay
Switzerland's Galderma Pharma has licensed Aganocide compounds, for the treatment of dermatologic conditions, from US firm NovaBay Pharmaceuticals for up to $50.0 million in development and regulatory milestones, related to acne and impetigo indications, and royalties on potential sales. The exclusive worldwide rights exclude certain Asian markets, as well as onychomycosis and orphan conditions.
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