Breaking News

Recipharm Invests in Synthonics

Will partner to develop new compounds

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Recipharm has made an equity investment in Synthonics Inc. and purchased $2.0 million of stock in the company. A further $2.0 million of stock will be purchased upon Synthonics’ achievement of certain milestones, which could be expected during 2016. The companies have also entered into a joint development agreement under which Synthonics gains access to Recipharm’s drug development, marketing and manufacturing expertise in exchange for a royalty payment on certain Synthonics compounds. Synthon...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters