Tigenix hands off Chondrocelect rights to Sobi in cash-free deal
By Cormac Sheridan
Thursday, April 3, 2014
Tigenix NV has thrown in the towel on its efforts to obtain broad reimbursement in Europe for its Chondrocelect autologous cell therapy for regenerating cartilage in the knee and has signed over marketing and distribution rights to Swedish Orphan Biovitrum AB (Sobi) in return for double-digit sales royalties.
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