Galashiels, Scotland-based specialty pharmaceutical company ProStrakan has granted the Tokyo-based firm JapanBridge an exclusive license to develop and market the Sancuso patch (transdermal granisetron) in specified Southeast Asian countries.
JapanBridge will pay ProStrakan more than $26.0 million in upfront and milestone payments, subject to approval and sales targets. In return, the Japanese firm will supply Sancuso exclusively to Japan, the People's Republic of China, Taiwan, Singapore and Malaysia.
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