Sinclair Pharma and Orapharma mutually agree to terminate US distribution agreement for Decapinol
The effect of this termination is that Sinclair is immediately free to license and reposition the product for a much larger target market, including the over-the-counter (OTC) market in the US. The agreement with Orapharma effectively meant the product would not reach the OTC market for some years. Sinclair is in discussions about the opportunities and is confident that the long term benefit to shareholders can outweigh any short-term loss of potential milestone income from Orapharma.
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