Merck KGaA Licenses Niaspan and Advicor from Kos
Business Review Editor
Abstract
Merck KGaA entered into licensing agreement with Kos Pharmaceuticals for Niaspan® and Advicor™ for the treatment of hyperlipidemia. The deal could worth up to US$61 M along with 25% royalties if specific milestones and sales targets are met.
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