News
21 Mar 2011
Ambrilia & ZBx Ink Licensing Deal
Ambrilia and ZBx has entered into an exclusive license option agreement for the worldwide rights to Ambrilia's PSP-94 technology for prostate cancer diagnosis.
Ambrilia Biopharma has reached an agreement granting ZBx Corp. an option to acquire exclusive worldwide rights to Ambrilia's PSP-94 reagents and related intellectual property.
If ZBx exercises its option, Ambrilia would be eligible to receive as much as $50,000 upfront, sales milestones, royalties on sales, as well as a percentage of proceeds from any sublicenses or sale of PSP-94. ZBx will cover further development, manufacturing and commercialization costs.
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