DURECT and Innocoll Announce a $136 Million U.S. Licensing Agreement for POSIMIR® (Bupivacaine Solution)
– DURECT to receive near-term upfront cash payments totaling $6 million, potential additional milestone payments of up to $130 million and tiered low to mid double-digit royalties based on U.S. sales – Innocoll granted exclusive development and commercialization rights to POSIMIR in the United States – DURECT to discuss agreement on Conference Call and Webcast […]