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Alliance and IL YANG announce a licensing, development and marketing agreement for Oxygent in Korea.(Alliance Pharmaceutical Corp.,)

Publication: BIOTECH Patent News
Publication Date: 01-APR-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Alliance Pharmaceutical Corporation (San Diego, CA) , through its wholly owned subsidiary PFC Therapeutics, LLC, and IL YANG Pharmaceutical Co., Ltd ("IL YANG") announced the signing of a Licensing, Development and Marketing Agreement ("Agreement") between PFC Therapeutics and IL YANG, IL to...

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...granting YANG exclusive rights distribute and commercialize Oxygent in South Korea. IL YANG is one of the top Korean pharmaceutical R&D and marketing companies. Oxygent (perflubron emulsion) is a patent-protected, stable, and concentrated perfluorochemical (PFC)-based synthetic oxygen therapeutic developed by Alliance, which has been evaluated in late-stage clinical studies for avoidance of red blood cell transfusions during surgery.

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