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Drug company enters agreement to bring hepatitis B vaccine to European market

Published in Hepatitis Weekly, March 14th, 2005

The directors of SciGen Limited, a biopharmaceutical company announced that the company has entered into an agreement with European biotechnology company Berna Biotech AG to be SciGen's exclusive distributor for Sci-B-Vac in Western Europe.

SciGen's entry into the European market has been made possible as a consequence of SciGen acquiring worldwide rights to Sci-B-Vac, its third generation hepatitis B vaccine.

The Commercialization Agreement between SciGen and Berna comprehends annual minimum orders by Berna over an initial 5-year term generating significant revenues for the company. The agreement provides for automatic renewals, with a 1-year notice...

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