RWGNYC's Blog

Sunday, October 15, 2006

globeandmail.com: Ambrilia signs HIV-AIDS drug deal with Merck

globeandmail.com: Ambrilia signs HIV-AIDS drug deal with Merck: "Drug developer Inc. is in line to receive up to $232-million (U.S.) in a licensing deal for its HIV-AIDS drug from Merck & Co.
Under the accord for its early-stage flagship PPL-100 drug, Montreal-based Ambrilia will receive an upfront payment of $17-million and up to $215-million in additional payments if the drug completes clinical testing, regulatory review and approval, and sales."
:: posted by R. W. Graf, 6:20 AM

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