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Pfizer Specialty Chemicals Group

Executive Summary

Agrees to fund Microsponge controlled-release R&D activities by Redwood City, California-based Advanced Polymer Systems under an 18-month development and manufacturing agreement announced April 24. APS will receive license fees and royalties on the sales of all industrial products that come out of the agreement. Pfizer will have exclusive rights to manufacture products it commercializes.
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PS017351

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