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Elan in $1 billion royalty deal with Theravance

2013-05-13 09:42:52| Biotech - Topix.net

Elan will make a once off payment of $1 billion to the company in exchange for a 21% stake in future royalty payments from four respiratory programmes which Theravance has developed with GlaxosmithKline.

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Category:Biotechnology and Pharmaceuticals

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