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Durex licenses VivaGel

This article was originally published in The Tan Sheet

Executive Summary

SSL International, the manufacturer of Durex brand condoms, signs a licensing agreement with Starpharma Holdings for marketing rights to a condomcoated with Starpharma's VivaGel, a vaginal microbicide gel under development for the prevention of sexually transmitted infections, including genital herpes and HIV infection, the firms announce Sept. 9. The deal secures SSL the rights to market a VivaGel coated condom in most markets, including Europe and the U.S., and Starpharma estimates it will receive more than $100 million from SSL for royalties on sales, further milestone payments and developmental support, Melbourne, Australia-based Starpharma says. The firm also continues to develop VivaGel as an applicator-delivered vaginal microbicide for women to protect against STIs

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