Paladin gets certain rights to Immuron's Travelan in up to C$117 million deal

30 November 2011

Melbourne, Australia-based Immuron (ASX: IMC) and Canada’s Paladin Labs (TSX: PLB) have signed a license and distribution deal under which Paladin receives the exclusive rights to market and sell Travelan in Canada, Latin America (including Brazil, Mexico, Argentina and Colombia),as well as sub-Saharan Africa (including South Africa). Travelan is a novel, over-the-counter medicine that is up to 90% effective in preventing travellers’ diarrhea (TD).

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