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SciClone Acquires China Rights for PAD Drug from Taiwan Liposome

publication date: Jun 26, 2013
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SciClone Pharma, a US company that brings western-style drugs to China, has licensed exclusive rights to a treatment for peripheral arterial disease from Taiwan Liposome Company (TLC). The product, called ProFlow®, is a novel lipid formulation of prostaglandin E1 (PGE1), a vasodilator and platelet inhibitor. The agreement calls for up to $39.5 million in development and sales milestones. More details....

Stock Symbol: (NSDQ: SCLN)

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