Bone Medical scores in South Korea
Friday, 20 June, 2008
Bone Medical (ASX: BNE) has reached an agreement granting Hyundai Pharmaceuticals a license to sell Bone's osteoperosis products in South Korea.
In exchange for the rights to sell Bone's CaPTHymone oral pathyroid hormone product, Hyundai will pay the company an upfront payment, as well as milestone payments relating to key moments in the product roll-out stage.
Bone will also be eligible for royalties on annual South Korean annual sales of the product.
The formal licensing agreement is yet to be finalised, and the proposed terms of the agreement have not been disclosed by either party.
Liquid fat treatment provides hope for rare childhood disease
A liquid fat supplement, triheptanoin, can reverse mitochondrial dysfunction and cell death in...
NSW Govt delivers foot-and-mouth vaccine to protect livestock
A biodegradable vaccine to protect livestock from foot-and-mouth disease has been developed as...
Scientists optimise delivery of mRNA to target cells
A highly versatile new method captures and attaches antibodies to the surface of mRNA-loaded...
