February 1, 2018 / 6:05 AM / in 5 months

BRIEF-Cosmo Pharmaceuticals And Pharmascience Establish License And Supply Agreement‍​

Feb 1 (Reuters) - COSMO PHARMACEUTICALS NV:‍​

* COSMO PHARMACEUTICALS AND PHARMASCIENCE ESTABLISH LICENSE AND SUPPLY AGREEMENT FOR ELEVIEW, METHYLENE BLUE MMX, RIFAMYCIN MMX AND QOLOTAG FOR CANADA​

* ‍AGREEMENT ENTAILS AN UP-FRONT PAYMENT TO COSMO OF TOTAL CA$ 5 MILLION​

* ‍ADDITIONAL COMMERCIAL MILESTONE PAYMENTS UPON REACHING CERTAIN ANNUAL SALES THRESHOLDS, AND HIGH DOUBLE-DIGIT ROYALTIES​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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