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The firm is also entitled to receive up to $410m for future development and regulatory and commercial milestones, provided these are attained within the timeline of the deal. In addition, Innate will receive royalties on possible net sales of any commercial product to be developed under the licence.
They offer security in pharmaceutical manufacturing by fulfilling the security rules such as process control settings and specific requirements for the collection of batch production and control records, based on which the pharmaproducts should be produced.
Current demand for API’s is down to several factors, says Georg Bertram, businessdevelopment manager for turnkey solutions at expert milling solutions company Frewitt. According to Bertram, current insecurities in the supply chain and milling are both drivers, and a lot of API production is also moving from Asia back into Europe.
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