March 8, 2018 / 3:59 PM / 7 months ago

BRIEF-Redwood Pharma Acquires Intellectual Property Rights

March 8 (Reuters) - Redwood Pharma Ab:

* REDWOOD PHARMA ACQUIRES INTELLECTUAL PROPERTY RIGHTS

* HAS ENTERED INTO AN AGREEMENT REGARDING ACQUISITION OF CERTAIN PATENT AND PATENT APPLICATIONS

* PAYMENT WILL OCCUR THROUGH ISSUANCE OF 525,000 SHARES BY REDWOOD PHARMA.

* REDWOOD ACQUIRES PATENT AND PATENT APPLICATIONS, AS WELL AS DATA, FOR A CONSIDERATION OF SEK 5.1 MILLION Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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