Pharma Mar Signs Licensing, Development And Commercialization Agreement With Merck For Lurbinectedin In Japan

Reuters

04-03

April 3 (Reuters) - Pharma Mar SA ::
*SIGNS LICENSING, DEVELOPMENT AND COMMERCIALIZATION AGREEMENT WITH MERCK FOR LURBINECTEDIN IN JAPAN
*WILL RECEIVE UPFRONT PAYMENT OF 22 MILLION EUROS
*ENTITLED TO TIERED DOUBLE DIGIT ROYALTIES ON NET SALES, AND VARIOUS CLINICAL, REGULATORY, AND SALES BASED MILESTONES TOTALLING UP TO AN ADDITIONAL 31 MILLION EUROS
*WILL SUPPLY MERCK WITH LURBINECTEDIN FOR CLINICAL AND COMMERCIAL USE IN JAPAN

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 03-APR-202506:27:53.907 GMT

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