Protherics and Myungmoon Pharm in ReGen deal
UK-based biopharmaceutical company Protherics has signed a licensing agreement with Myungmoon Pharm Co, granting the South Korean drugmaker rights to develop anti-inflammatory products using its sustained-release drug-delivery system, ReGel. In return, Protherics will receive a small upfront payment as well as royalties on any drugs that are commercialized and sold in South Korea. Financial terms of the deal were not provided.
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