Pharma Deals Review, Vol 2003, No 35 (2003)

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GSK and Flamel Announce Licence Agreement

Business Review Editor

Abstract


GSK and Flamel entered into licensing agreement for Flamel’s Micropump® Technology useful for both pediatrics and geriatrics. The technology uses microparticles that extends the time of action of small molecules. The deal could be worth up to US$45 M to Flamel if specific milestones and sales targets are met.

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