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Dong-A ST out-licensed its diabetes treatment to a Russian company, Reropharm

Published: 2015-07-22 14:44:27
Updated: 2015-07-22 14:44:32

Dong-A ST(President and CEO Chan-il Park) announced on the 20th that it has established an out-licensing contract of the new self-developed diabetes treatment, ‘Evogliptin(code name: DA-1229),’ with a Russian company, Geropharm LLC.

Under the contract, Dong-A ST will receive down payment and licensing fees from its development phases along with royalty from sales and additional profits of raw ...

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