FDAnews Drug Daily Bulletin

RICHTER SIGNS LICENCE DEAL WITH KV PHARMACEUTICAL

Dec. 2, 2005
A A

Hungarian drugmaker Richter Gedeon signed a long-term licence agreement with KV Pharmaceutical Company to distribute the US company's vaginosis drug "Gynazole-1" in 18 countries in Central and Eastern Europe, including Hungary, Richter announced on Thursday. Under the licence agreement, Richter will pay a one-off fee and other fees to KV, as well as commissions on sales. But these fees and commissions will not be paid yet this year, Richter said.

MTI-ECO (http://www.mtieco.hu/e/econews/tartalom/fullnews.php?nid=195951&limit=&place=&header=News)