Edition:
United States

BIOCORP Enters Exclusive Negotiations With Sanofi


Wednesday, 3 Jul 2019 02:00am EDT 

July 3 (Reuters) - BIOCORP PRODUCTION SA ::BIOCORP ENTERS EXCLUSIVE NEGOTIATIONS WITH SANOFI TO USE THEIR MALLYATM CONNECTED DEVICE WITH SANOFI’S INTEGRATED DIABETES CARE PLATFORM.BIOCORP ENTERS EXCLUSIVE NEGOTIATIONS WITH SANOFI TO USE THEIR MALLYATM CONNECTED DEVICE WITH SANOFI’S INTEGRATED DIABETES CARE PLATFORM.BIOCORP TO RECEIVE UPFRONT PAYMENT OF 4 MEUR.UNDER TERMS OF THESE EXCLUSIVE NEGOTIATIONS, BIOCORP WILL GET AN INITIAL PAYMENT OF EUR 4 MILLION FROM SANOFI TO SUPPORT RELATED DEVELOPMENT ACTIVITIES.