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Will focus on proprietary drug development and delivery technology
September 21, 2011
By: Gil Roth
President, Pharma & Biopharma Outsourcing Association
Unigene Laboratories has divested its non-core asset, Site Directed Bone Growth (SDBG), by assigning seven patent applications to Kieran Murphy, LLC. In addition, Unigene terminated an exclusive license agreement and consulting agreement with Kieran Murphy, LLC, as well as a license option agreement and research agreement with Yale University. In exchange for the assignment of the patents, Unigene will receive sales royalties in excess of 7% and will receive 40% of any future licensing revenue a...
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