Ascendis, Biomarin Enter Binding Global Settlement And License Agreement Resolving All Litigation, Granting Ascendis Worldwide Rights To Develop, Commercialize Navepegritide Products, With Royalty Payments On YUVIWEL Sales Through 2030
Ascendis Pharma A/S (NASDAQ:ASND) today announced it has entered into a binding term sheet for a global settlement and license agreement with BioMarin Pharmaceutical Inc. ("BioMarin") related to the sale of
Two medicine companies stopped fighting in court and made a deal instead. Ascendis gets to sell a growth medicine worldwide, and BioMarin will earn money from each sale through 2030.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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