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December 24, 2012
05:25 EDTCOOCooper Companies discloses amended agreement with CIBA Vision
Cooper Companies disclosed late Friday that its license agreement with CIBA Vision Corporation shall be deemed amended, such that CooperVision shall pay royalties to Alcon Pharmaceuticals during the remaining term of the agreement of the net sales of CooperVision Licensed Products. The parties acknowledged and agreed that the foregoing royalty rate shall apply to net sales of CooperVision Licensed Products that occur on or after the amendment effective date of January 1, 2013.
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