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BRIEF-Organon, Cirqle Biomedical Enter Agreement For Investigational Non-Hormonal, On-Demand Contraceptive Candidate

BRIEF-Organon, Cirqle Biomedical Enter Agreement For Investigational Non-Hormonal, On-Demand Contraceptive Candidate

Reuters · 07/28/2022 07:49
BRIEF-Organon, Cirqle Biomedical Enter Agreement For Investigational Non-Hormonal, On-Demand Contraceptive Candidate

- Organon & Co OGN:

  • ORGANON AND CIRQLE BIOMEDICAL ENTER RESEARCH COLLABORATION AND LICENSE AGREEMENT FOR INVESTIGATIONAL NON-HORMONAL, ON-DEMAND CONTRACEPTIVE CANDIDATE

  • ORGANON & CO - CIRQLE WILL BE RESPONSIBLE FOR CONDUCTING PRECLINICAL STUDIES ACCORDING TO MUTUALLY AGREED RESEARCH PLAN

  • ORGANON & CO - ORGANON WILL OBTAIN EXCLUSIVE WORLDWIDE RIGHTS TO DEVELOP AND COMMERCIALIZE ASSET

  • ORGANON & CO - CIRQLE IS ENTITLED TO RECEIVE A $10 MILLION UPFRONT PAYMENT, POTENTIAL MILESTONE PAYMENTS OF UP TO $360 MILLION AND ROYALTIES BASED ON NET SALES.

Source text for Eikon: ID:

Further company coverage: OGN


((Reuters.Briefs@thomsonreuters.com;))