Article: CYTOGEN AND DUPONT MERCK FINALIZE AGREEMENT

 
PRINCETON, N.J., Dec. 20 /PRNewswire/ -- CYTOGEN Corporation (Nasdaq: CYTO) announced today the execution of its collaborative agreement with the Radiopharmaceuticals Division of The DuPont Merck Pharmaceutical Company (DuPont Merck).  Under the terms of the agreement, DuPont Merck will have the primary responsibility for manufacturing and marketing Samarium 153 EDTMP (ethylene diamine tetramethylene phosphonic acid or Samarium EDTMP) in the United States. In exchange, the agreement provides that CYTOGEN will receive from DuPont Merck upfront fees and milestone payments consisting of:  an immediate payment of $1.0 million; $4.0 million from the sale of CYTOGEN restricted common ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!