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BRIEF-Grifols to exclusively supply plasma derived products to US Ethicon inc‍​
June 7, 2017 / 6:14 AM / in 2 months

BRIEF-Grifols to exclusively supply plasma derived products to US Ethicon inc‍​

1 Min Read

June 7 (Reuters) - GRIFOLS:

* SAYS SIGNS AGREEMENT TO EXCLUSIVELY MANUFACTURE AND SUPPLY PLASMA DERIVED PRODUCTS FOR THE BIOSURGERY FIELD TO ETHICON INC‍​

* SAYS AGREEMENT IS FOR AN INITIAL TERM OF 10 YEARS WITH SUBSEQUENT 5-YEAR RENEWAL PERIODS

* SAYS AGREEMENT CALLS FOR THE PAYMENT OF CERTAIN MILESTONES UPON REGULATORY APPROVAL AND ANNUAL SALES BASED UPON FORECASTS Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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