Sihuan Pharma In-Licenses Two CCV Products from NeuroVive of Sweden
Sihuan Pharmaceutical, China’s largest cerebral-cardiovascular drugmaker, bought China rights to two clinical-stage drugs from NeuroVive Pharmaceutical AB of Sweden: CicloMulsion® treats heart reperfusion injuries and NeuroSTAT® is given to patients who have suffered a traumatic brain injury. Sihuan will pay 47 million RMB ($7.2 million) for the two products in a combination of upfront and milestone payments. It will also pay a royalty of 10% on revenues for ten years from launch. More details.... Stock Symbol: (HK: 0460) Share this with colleagues: var switchTo5x=true; stLight.options({publisher:'d7871f5b-67bc-4d30-b66f-1465d0b97213'});  
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