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Hyloris Buys Out Maxigesic IV Royalty Rights From Alter Pharma

As Both Companies Sign A €5.75m Renegotiated License Agreement

 
• By Akriti Seth

Belgian value-added medicines specialist Hyloris Pharmaceuticals has renegotiated its licensing agreement with Alter Pharma group, wrapping up all previous agreements. Under the new agreement, Hyloris will forego all past commitments and all further future royalty obligations to Alter for Maxigesic IV.

Royalties
Hyloris foregoes all past commitments and future royalty obligations to Alter for Maxigesic IV • Source: Alamy

Hyloris Pharmaceuticals SA has struck a €5.75m ($6.85m) deal to renegotiate its licensing agreement with Alter Pharma Group, in a move that includes Hyloris acquiring all royalty rights to its Maxigesic IV non-opioid pain treatment.

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