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Stock Market & Financial Investment News

News Breaks
July 6, 2011
08:48 EDTCBM
theflyonthewall.com: Cambrex, Tillotts enter development/commercialization agreement
Cambrex and Tillotts Pharma AG announced they have entered into a Development and Commercialization Agreement for a proprietary mesalamine-based, or 5-ASA, technology for use in the treatment of Inflammatory Bowel Disease, or IBD. Under the terms of the agreement, Tillotts has acquired from Cambrex worldwide exclusive rights to develop and commercialize drug products based on the proprietary 5-ASA-based technology in exchange for developmental, regulatory and IP milestone payments as well as royalties. Cambrex previously acquired the exclusive rights to this technology from PLx Pharma Inc. :theflyonthewall.com



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