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Intas Pharma inks licensing agreement with Korean firm to develop new products


Intas Pharma inks licensing agreement with Korean firm to develop new products
Intas Pharma inks licensing agreement with Korean firm to develop new products
08 January 2021 | News
Alteogen will receive an initial payment of $6 million and is also eligible to receive additional milestones upon Intas’ achievement of specified development, regulatory and sales milestones, totalling up to $109 million
Source credit: Shutterstock
South Korean firm Alteogen Inc has announced that it has entered into an exclusive license agreement with Ahmedabad based Intas Pharmaceuticals Ltd to use ALT-B4, Alteogen’s novel hyaluronidase – derived utilising the Hybrozyme™ technology – to develop and commercialise two products.
Under the terms of the agreement, Alteogen has granted worldwide rights, except for a few Asian countries, for Intas to develop two products in combination with ALT-B4. Alteogen will receive an initial payment of $6 million and is also e ....

South Korea , South Korean , Binish Chudgar , Intas Pharmaceuticals , Intas Pharmaceuticals Ltd , Alteogen Inc , Soon Jae Park , Chief Executive Officer , Vice Chairman , தெற்கு கொரியா , தெற்கு கொரியன் , இன்டாஸ் மருந்துகள் , இன்டாஸ் மருந்துகள் லிமிடெட் , விரைவில் ஜே பூங்கா , தலைமை நிர்வாகி அதிகாரி , துணை தலைவர் ,