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www.fdanews.com/articles/88494-french-pharmaceutical-ipsen-signs-licensing-agreement-with-roche

FRENCH PHARMACEUTICAL IPSEN SIGNS LICENSING AGREEMENT WITH ROCHE

July 19, 2006

France's fourth largest pharmaceutical company by sales, Wednesday said it signed a licensing agreement with Swiss drugmaker Roche Holding AG for its diabetic treatment BIM 51077, which could net the company up to EUR229 million, excluding royalties.

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