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AltaRex Corp.
Agreement with United Therapeutics Corp. expanded to include Germany
September 10th, 2003
AltaRex Corp. (AXO) announced that it has entered into an agreement with its major strategic partner, United Therapeutics Corp., to expand the territory granted to United under the existing exclusive license agreement to include Germany. The extension of the license offers United entry into European market. United's existing license covers all countries with the exception of countries of the European Union and certain other countries covered by AltaRex's previous agreements with Dompe Farmaceutici, S.p.A, Genesis Pharma, and Medison Pharma. United has made an initial payment and has agreed on milestone payments in consideration for this license of...
Source: Biotech Week (2003-09-10)
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