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Biotech / Medical : CNSI Cambridge Neuroscience

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To: Mike McFarland who wrote (520)12/6/1999 10:18:00 AM
From: Mike McFarland  Read Replies (1) of 675
 
Cambridge Neuroscience Announces Extension of Allergan Collaboration
biz.yahoo.com

The collaboration brings together Cambridge NeuroScience's
nerve protection expertise and its library of ion channel
blocking molecules with Allergan's research, development and
commercialization expertise in the field of ophthalmology.
The companies have also agreed to investigate the potential
of some of the collaboration compounds for the treatment of pain.
In addition to the $1.25 million, the agreement provides for
potential milestones yielding up to $16 million to Cambridge
NeuroScience as well as royalties on product sales.
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