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LipoNova AG Feodor-Lynen-Straße 35 30625 Hannover, Germany http://www.liponova.de
Contact Ms Sylvie Berrebi +44 20 7861 3838
LN
LipoNova AG

Liponova signs memorandum of understanding for the marketing of Reniale(R)

(PresseBox) (Hannover, )
LipoNova AG (WKN LNAG00) the pioneering developer of Reniale, the world's first autologous vaccine for nonmetastatic renal cell carcinoma (RCC), announced today that it has signed a Memorandum of Understanding (MoU) for the development and marketing of its product candidate Reniale(R) with a respected non-European pharmaceutical company.

The MoU provides for milestone payments and ongoing sales-related payments(royalties) for the sale of Reniale(R). LipoNova's partner is being granted an exclusive licence for a non-European country for this purpose. After conclusion of the agreement, the partner will actively support the international Phase III study and be involved in possible "named patients" programmes.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.