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Sol-Gel Technologies Announces Collaborative Agreement for Generic Product with Perrigo

SOL-GEL TECHNOLOGIES LTD ORDINARY SHARES (SLGL)  More Company Research Source: GlobeNewswire
PDF NESS ZIONA, Israel, Aug. 15, 2018 (GLOBE NEWSWIRE) -- Sol-Gel Technologies Ltd. (NASDAQ: SLGL) (“Sol-Gel” or the “Company”), a clinical-stage dermatology company focused on identifying, developing and commercializing branded and generic topical drug products for the treatment of skin diseases, today announced it has entered into a collaborative agreement with Perrigo Israel, an affiliate of Perrigo Company plc ("Perrigo") (NYSE; TASE: PRGO), for the development, manufacturing and commercialization of a generic product candidate. Under the terms of the agreement, Perrigo will conduct the regulatory, scientific, clinical and technical activities necessary to develop the generic product candidate and seek regulatory approval with the U.S Food and Drug Administration (“FDA”). If approved by the FDA, Perrigo has agreed to commercialize the generic product candidate in the United States. Sol-Gel and Perrigo will share the development costs and the gross profits generated from the sales o [Read more]

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