February 22, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and micro-cap securities is providing an in-depth review of EyeGate Pharmaceuticals Inc. (NASDAQ: EYEG) licensing deal with Valeant and much more in our full deal breakdown report today. EyeGate announced an exclusive licensing agreement with Valeant Pharmaceuticals on February 21, 2017. Under the terms of the licensing agreement, EyeGate will receive a $4.0 million upfront payment and is eligible to receive potential development-based milestone payments and royalties on Valeant’s net sales of the product totaling up to approximately $99.0 million.
By extending the relationship with Valeant, EyeGate has retained a reputable partner who has the capabilities to bring the product to market. With this agreement, EyeGate will continue to be responsible for development costs, but with more financial resources, the company can continue the development of the unique EGP-437 product.
Get the additional details and milestones here in the FULL REPORT
(Copy and paste to your browser may be required to view this report- http://bit.ly/2l5KVwb-EYEG-Report)
EyeGate also recently acquired Jade Therapeutics Inc., a privately-held company that develops locally administered, polymer-based products designed to treat poorly-served ophthalmic indications.
EyeGate’s acquisition was synergistic in more ways than one, find out more here READ MORE
(Copy and paste to your browser may be required to view this report- http://bit.ly/2l5KVwb-EYEG-Report)
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