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5 months ago
BRIEF-Apricus Biosciences announces sale of ex-U.S. Vitaros assets, rights to Ferring Pharmaceuticals
March 8, 2017 / 9:13 PM / 5 months ago

BRIEF-Apricus Biosciences announces sale of ex-U.S. Vitaros assets, rights to Ferring Pharmaceuticals

March 8 (Reuters) - Apricus Biosciences Inc:

* Apricus biosciences announces sale of ex-u.s. Vitaros assets and rights to ferring pharmaceuticals

* Apricus biosciences inc - apricus will retain its vitaros rights in u.s.

* Apricus biosciences inc - remains on track to re-submit vitaros nda to fda in q3 of 2017

* Says ferring has agreed to pay apricus an upfront payment of $11.5 million

* Says ferring has aso agreed to pay apricus up to an additional $700,000 with respect to certain product inventory Source text for Eikon: Further company coverage:

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