Article: Catalytica Pharmaceuticals Obtains Exclusive License for Chiral Technology With Penn State University.

MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Feb. 11, 1998--Catalytica Pharmaceuticals, Inc., a subsidiary of Catalytica, Inc. (NASDAQ:CTAL), today announced it has signed exclusive license and development agreements with The Pennsylvania State University (Penn State) for new chiral pharmaceutical process technology with important potential applications for the development of processes for a broad spectrum of new drugs.

The license agreement grants Catalytica exclusive worldwide rights to commercial development of the university's work in asymmetric catalysis as developed by Penn State Assistant Professor of organic chemistry Xumu Zhang. The license covers all ...

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