Pink Sheet is part of the Informa Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

In Brief: Sepracor's R-ketoprofen

This article was originally published in The Tan Sheet

Executive Summary

Sepracor's R-ketoprofen: Firm is working with Bayer on its R-ketoprofen analgesic project and received $1 mil. in licensing fees from the firm in late 1994, according to a stock registration document filed by Sepracor with the SEC June 9. Sepracor CFO David Southwell misspoke at a May 11 conference sponsored by Dillon, Reed when he said the company is working with SmithKline Beecham ("The Tan Sheet" May 22, p. 7). Bayer acquired the rights to the R-ketoprofen when it bought the Sterling U.S. OTC drug business in late 1994 from SmithKline. Bayer holds worldwide OTC marketing rights to the compound and is funding product development. In addition to licensing fees, Sepracor will receive royalties on sales of the product and will negotiate a bulk compound supply agreement with Bayer, the prospectus says...
Advertisement

Topics

Advertisement
UsernamePublicRestriction

Register

PS083946

Ask The Analyst

Please Note: You can also Click below Link for Ask the Analyst
Ask The Analyst

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel