Home Business Huadong Medicine: Sinclair, a wholly-owned subsidiary of the United Kingdom, signs an exclusive license agreement for medical beauty products_ 东方 Fortune.com

Huadong Medicine: Sinclair, a wholly-owned subsidiary of the United Kingdom, signs an exclusive license agreement for medical beauty products_ 东方 Fortune.com

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[Huadong Medicine: Sinclair, a wholly-owned subsidiary of the United Kingdom, signed an exclusive license agreement for medical beauty products]Huadong Medicine (000963) announced on the evening of October 7 that Sinclair Pharma Limited, a wholly-owned subsidiary of the company in the UK, signed an exclusive license agreement with KiOmed Pharma SA in Belgium. Sinclair has obtained the exclusive license of KiOmed’s 4 global innovative KiOmedine chitosan medical esthetic products under development and all subsequent chitosan-related products in the field of dermatological cosmetology in other regions of the world except the United States, including the use of KiOmed-related intellectual property rights Carry out R&D, production and commercialization rights. Sinclair will pay KiOmed a down payment of 4 million euros, as well as up to 10 million euros in R&D registration milestone payments, and an agreed percentage of net sales royalties. (E company)


  Huadong Medicine(000963) The evening of October 7announcement, Sinclair Pharma Limited, a wholly-owned subsidiary of the company in the United Kingdom, and KiOmed Pharma SA in Belgium signed an exclusive product license agreement. The exclusive license in the field of dermatology in other regions of the world outside the United States, including the use of KiOmed-related intellectual property rights for research and development, production and commercialization rights. Sinclair will pay KiOmed a down payment of 4 million euros, as well as up to 10 million euros in R&D registration milestone payments, and an agreed percentage of net sales royalties.

(Article source: e company)

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