In Brief: Advanced Polymer Systems
This article was originally published in The Rose Sheet
Executive Summary
Advanced Polymer Systems: Signs product license agreements with three foreign companies to market products including the firm's Exact acne medication, Melanin-Microsponge sun protection cream. 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 other firms in Europe and Latin America...