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In Brief: Advanced Polymer Systems

This article was originally published in The Tan Sheet

Executive Summary

Advanced Polymer Systems: Signs product license agreements with three foreign companies to market the company's Exact acne medication, Melanin-Microsponge sun protection cream and other products. Under the agreements with Teva Pharmaceutical of Israel, Laboratories Andromaco of Argentina, and Embil Pharmaceutical of Turkey, Advanced Polymer will receive royalties on product sales and manufacturing revenues from products used by the licensees in their own formulations. The company said it is currently discussing similar agreements with companies in Europe and Latin America...
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