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News

ASX Announcement – Licensing deal for Korea

Sep 5, 2016Cathy WilsonNews

6 September 2016

ASX ANNOUNCEMENT

Licensing deal for Korea

Medical Developments International Limited (MDI) (ASX: MVP) is delighted to announce it has reached agreement with BL&H Co Ltd (BL&H) for the exclusive distribution rights of Penthrox® in Korea.

The transaction includes upfront and milestone payments of AUD $1.2 million and BL&H will manage the registration, reimbursement and approval process of Penthrox in Korea. BL&H expect to obtain approval and launch Penthrox in Korea during FY18.

For details relating to the full ASX release, please click on the following link ASX Announcement: Licensing deal for Korea

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Medical Developments International

Address:
4 Caribbean Drive, Scoresby,
Victoria, 3179
Australia
Phone: +61 3 9547 1888
Email: [email protected]
ABN: 14 106 340 667
For Medical Enquiries:

Phone: 1800 PENTHROX (1800 736 847)
Email: [email protected]

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