MediGene Completes the Transfer of Eligard Rights for EU Countries to Astellas
04-Mar-2011
- Germany
According to the contract, MediGene is entitled to a total of EUR 25 million, paid in three tranches. MediGene received the first payment of EUR 5 million upon signing of the contract, and the last payment, also totaling EUR 5 million, will become due upon the transfer of rights to countries outside the EU. This is expected towards the end of 2011 or early in 2012.
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