Microsponge Delivery System Rights Sold To Scherer, APS Focuses On Drugs
This article was originally published in The Rose Sheet
Executive Summary
R.P. Scherer will gain the rights to Advanced Polymer Systems' Microsponge and Polytrap delivery technologies for a payment of up to $51.5 mil., the companies jointly announced June 23. The deal includes the manufacturing rights to the products and a production facility in Lafayette, La.