Licensing Agreements
Somanta signs letter of intent to expand sublicense agreement with Virium for phenylbutyrate
Published in Medical Letter on the CDC and FDA, January 14th, 2007
The LOI covers all formulations or drug combinations where phenylbutyrate is an active ingredient. Pursuant to the LOI, in addition to current worldwide rights, excluding North America, involving the current formulation of phenylbutyrate, Somanta obtains a participation in any revenue or royalties derived from its sale in North America. In return, Somanta has granted Virium a reciprocal participation in Europe. In the rest of the world, Somanta and...
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