ALBANY MOLECULAR RESEARCH, INC. ANNOUNCES LICENSING DEAL WITH BRISTOL-MYERS SQUIBB COMPANY

Albany Molecular Research, Inc. (Nasdaq: AMRI) today announced a licensing agreement with Bristol-Myers Squibb (NYSE: BMY) for its broad program of compounds that encompass biogenic amine reuptake inhibitors in development for the treatment of depression and other central nervous system disorders. Under the terms of the agreement, Bristol-Myers Squibb will receive an exclusive license to develop and commercialize multiple potential products from AMRI's proprietary amine neurotransmitter reuptake inhibitors identified in one of AMRI's proprietary research programs.
Genetic Engineering News