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Licensing Agreements

King Pharmaceuticals Acquires License from Gelita Medical to Hemostatic Products

Published in Hospital Business Week, March 11th, 2007

King Pharmaceuticals, Inc. (NYSE:KG) and Gelita Medical BV announced that the companies have entered into an exclusive license agreement relating to Gelita's absorbable gelatin hemostatic products.

Pursuant to the agreement, King received an exclusive license to market, distribute and sell Gelita's absorbable gelatin sponge in the U.S. Gelita will manufacture and supply the hemostatic product to King under the agreement. King's THROMBIN-JMI(R) (thrombin, topical, bovine, USP), a topical active hemostatic agent, is often used by surgeons together with a variety of passive hemostatic agents, including absorbable gelatin sponges.

Brian A. Markison,...

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