ThromboGenics Inks Pact with Alcon for Ocriplasmin
ThromboGenics will concentrate on commercializing ocriplasmin in the U.S. where it plans to build its commercial and medical organization to support the product's anticipated launchwithin the next 12 months.
ThromboGenics NV has entered into an agreement with Alcon, a division of Novartis, for the commercialization of ocriplasmin in all markets outside the U.S.
ThromboGenics will concentrate on commercializing ocriplasmin in the U.S. where it plans to build its commercial and medical organization to support the product's anticipated launchwithin the next 12 months.
ThromboGenics will receive an upfront payment of €75 million. The Company is also entitled to a further €90 million in potential near-term milestone payments. Additional milestones bring the potential total of upfronts and milestones to €375 million.
In addition, ThromboGenics will receive royalties on net sales of ocrip
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