March 13, 2020 / 12:07 PM / 23 days ago

BRIEF-Biofrontera Signs Term Sheet For Licensing Agreement For Ameluz(R) With Medac

March 13 (Reuters) - BIOFRONTERA AG:

* BIOFRONTERA AG SIGNS NON-BINDING TERM SHEET FOR LICENSING AGREEMENT FOR AMELUZ(R) IN POLAND WITH MEDAC GMBH SP. Z O.O.

* TERM SHEET CONTAINS TERMS AND CONDITIONS REGARDING AMOUNT OF ONE-TIME UPFRONT PAYMENT OF AROUND EUR 200,0000

* TERM OF APPROXIMATELY 5 YEARS Source text for Eikon: Further company coverage: (Gdansk Newsroom)

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