April 26, 2018 / 8:22 AM / a month ago

BRIEF-Adocia And Tonghua Dongbao Announce A Strategic Alliance For Biochaperone Combo And Biochaperone Lispro In China

April 26 (Reuters) - Adocia Sa:

* ADOCIA AND TONGHUA DONGBAO ANNOUNCE A STRATEGIC ALLIANCE FOR BIOCHAPERONE(®) COMBO AND BIOCHAPERONE(®) LISPRO IN CHINA

* $50M UP-FRONT PAYMENT UPON SIGNING

* UP TO $85M ON MILESTONES PAYMENTS AND EXPECTED DOUBLE-DIGIT ROYALTIES ON PRODUCTS SALES Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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