Navigation Links
Access Pharmaceuticals Licenses MuGard to Milestone Biosciences, LLC for North America
Date:8/18/2008

- Transaction Includes $10 Million in Upfront Fees and Milestones -

DALLAS, Aug. 18 /PRNewswire-FirstCall/ -- ACCESS PHARMACEUTICALS, INC. (OTC Bulletin Board: ACCP) and Milestone Biosciences, LLC ("Milestone") today announced the signing of a definitive license agreement under which Milestone will market Access' proprietary product MuGard(TM) in the United States and Canada. Milestone is a company recently started by former executives and sales representatives of companies with an established commercial presence in oncology, including MGI Pharma, Amgen and Genentech. MuGard is used for the management of oral mucositis, a debilitating side effect of many anticancer chemotherapy and radiation treatments, and has already received marketing allowance from the U.S. Food and Drug Administration. Under the terms of the agreement, Milestone will pay Access upfront license fees and subsequent milestone payments that total $10 million along with a double digit royalty upon commercialization of MuGard. Milestone expects to launch MuGard in the US early in the first quarter of 2009.

"We are pleased to have Milestone as our North American partner for MuGard," said Jeffrey B. Davis, President & CEO of Access. "Milestone has assembled a team of very experienced pharmaceutical executives with a great track record of commercial success in oncology supportive care, including experience with the oral mucositis market and related chronic dry mouth market. We are excited and confident that this team of experienced executives will successfully launch and commercialize MuGard."

"MuGard is an important product for Milestone as it gives us a tremendous near term product around which to launch and further grow our sales team. We believe there is a significant un-met medical need for MuGard with solid commercial sales potential," stated Eric Loukas, CEO of Milestone. "Our seasoned commercial team is excited about the potential for MuGard in the oral mucositis mark
'/>"/>

SOURCE Access Pharmaceuticals, Inc.
Copyright©2008 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3

Related biology technology :

1. Access Pharmaceuticals to Present at the Noble Financial Equity Conference
2. NxStage Announces Access to Demographic and Outcomes Information for the Growing U.S. Daily Home Hemodialysis Patient Population
3. Roche starts acquisition process of ARIUS to gain access to new screening platform for antibody therapeutics
4. AMT Starts Collaboration With St. Jude Childrens Research Hospital on Gene Therapy for Hemophilia B. Company Accesses Exclusive Commercial Rights to Final Therapy
5. Access Pharmaceuticals Signs Merger Agreement to Acquire MacroChem Corp.
6. Huifeng Bio-Pharmaceutical (HFGB) Information to Be Available Through Standard & Poors Market Access Program
7. Access Pharmaceuticals Presents New Data at International Symposium Showing Companys Angiolix(R) Monoclonal Antibody has Potential to Treat Cancer by Attacking Cancer Stem Cells
8. CTI Enters Into Agreement With Bayer Schering Pharma for Access to Phase III Zevalin(R) FIT Trial Data for Potential U.S. Supplemental Marketing Application
9. A Perfect Storm Threatens Patient Access to Specialty Medical Care
10. AMT Makes Important Advance in the Development of its Gene Therapy for Hemophilia B -Company Accesses Technology to Prevent Immune Response
11. Access Licenses ProLindac(TM) to Jiangsu Aosaikang Pharmaceutical Co., LTD., a Leading Oncology Pharmaceutical Company for Manufacturing, Development and Commercialization in the Greater China Region
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:12/10/2009)... HUNTERSVILLE, N.C., Dec. 10 Microban ... antimicrobial product protection, has partnered with Sharp ... division of Sharp Electronics, to incorporate it,s ... new printing calculators. Infused into the calculator ... protection inhibits the growth of damaging bacteria ...
(Date:12/10/2009)... Dec. 10 With the economy and markets ... Street,s largest, fastest-growing small cap equity research provider, will ... investment opportunities within the micro cap market at the ... January 11, 2010 at the Grand Hyatt Hotel in ... are overlooked and undervalued by much of Wall Street, ...
(Date:12/10/2009)... flow measurement, control, and level solutions, announced that ... Level Product Manager effective November 30, 2009. He ... penetration of the level measurement products around the ... Corp, a manufacturer of building materials, where he ... will report to Brooks Instrument Vice President Tim ...
(Date:12/10/2009)... /PRNewswire-Asia/ -- Lotus Pharmaceuticals, Inc.,(OTC Bulletin Board: ... developer and,producer of prescription drugs and licensed ... Republic of China ("PRC"), today reported that,effective ... operating entity of Lotus,appointed Mr. Jinzhong HAN ... Drug division ("OTC Division"). , ...
Breaking Biology Technology:Microban Signs Exclusive Agreement with Sharp Electronics to Launch Calculators with New Microban(R) 3G Silver(TM) Antimicrobial Technology 2Technology, Biotech, Energy and Transportation Among the Industries to be Featured at Sidoti & Company's First Annual 2010 Micro Cap Conference 2Brooks Instrument Appoints Mike Bayda as Global Level Product Manager 2Brooks Instrument Appoints Mike Bayda as Global Level Product Manager 3Lotus Pharmaceuticals, Inc. Appoints OTC Division Head 2Lotus Pharmaceuticals, Inc. Appoints OTC Division Head 3
... Establish Presence in ... UK/European Market from the Midlands, CHICAGO, Dec. 14 ... has chosen the British,Midlands as the location for their new ... base of operations in BioCity,Nottingham, the UK,s largest bioscience and ...
... Worldwide Rights for All Potential Uses, Excluding U.S. ... for Celiac Disease BASINGSTOKE, England and PHILADELPHIA, ... TSX: SHQ),the global specialty biopharmaceutical company, today announces ... U.S. and Japan, to AT-1001,from Alba Therapeutics Corporation ...
... (Nasdaq: ISIS ) today announced that its ... to Chief Operating Officer,effective immediately. Ms. Parshall retains ... Director of the Company., "This promotion is ... at Isis," commented Stanley Crooke, M.D.,Ph.D., Isis, President ...
Other Biology Technology:GeneSeek Selects the British Midlands as Base for New UK/European Operations 2GeneSeek Selects the British Midlands as Base for New UK/European Operations 3Shire Expands its Gastrointestinal Portfolio Through In-Licensing Celiac Disease Phase 2 Product From Alba Therapeutics Corporation 2Shire Expands its Gastrointestinal Portfolio Through In-Licensing Celiac Disease Phase 2 Product From Alba Therapeutics Corporation 3Isis Announces Appointment of B. Lynne Parshall as Chief Operating Officer 2Isis Announces Appointment of B. Lynne Parshall as Chief Operating Officer 3
(Date:12/13/2009)... about how a popular class of drugs used ... previously hidden components of chemical communication in the ... the illness, people with schizophrenia also struggle to ... order, difficulties that interfere with their ability to ... Schroeder, a student in the medical scientist training ...
(Date:12/11/2009)... global "green" trend, educators worldwide are relying ... students, science knowledge. Studies have revealed that ... not just science scoresenvironmental-based lessons can also ... areas. Naturally, educators are interested in developing ... into the classroom in hopes of piquing ...
(Date:12/11/2009)... Scientists studying how bacteria under stress collectively weigh and ... insights into how humans make strategic decisions that affect ... society. , Their study, published this week in the ... the National Academy of Sciences , was accomplished when ... to describe the complex interplay of genes and proteins ...
Breaking Biology News(10 mins):New biosensors reveal workings of anti-psychotic drugs in the living brain 2Students learn environmental stewardship, improve science scores 2Bacteria provide new insights into human decision making 2Bacteria provide new insights into human decision making 3Bacteria provide new insights into human decision making 4Bacteria provide new insights into human decision making 5Sex With New Partners Raises Widowers Disease Risk 57941 1Sex With New Partners Raises Widowers Disease Risk 57941 2Juice Newton Performs Benefit Concert to Support Dystonia Research 57937 1Juice Newton Performs Benefit Concert to Support Dystonia Research 57937 2Video 3A Football Legend Joe Theismann Teams Up with Leading Medical Societies and Medtronic to Save Lives from Abdominal Aortic Aneursyms 28AAA 29 57933 1Video 3A Football Legend Joe Theismann Teams Up with Leading Medical Societies and Medtronic to Save Lives from Abdominal Aortic Aneursyms 28AAA 29 57933 2Video 3A Football Legend Joe Theismann Teams Up with Leading Medical Societies and Medtronic to Save Lives from Abdominal Aortic Aneursyms 28AAA 29 57933 3Video 3A Football Legend Joe Theismann Teams Up with Leading Medical Societies and Medtronic to Save Lives from Abdominal Aortic Aneursyms 28AAA 29 57933 4Video 3A Football Legend Joe Theismann Teams Up with Leading Medical Societies and Medtronic to Save Lives from Abdominal Aortic Aneursyms 28AAA 29 57933 5
... is leading five projects within the VII ... of cement materials, nanomaterials for building safer ... of fisheries resources and new models of ... collaborating with leading companies in their activity ...
... Urea tanks will be standard equipment for most new ... manufactured in the United States after Jan. 1, 2010. ... the vehicles, exhaust stream to "scrub" nitrogen oxide (NOx) ... air pollutant, contributes to smog, which causes asthma and ...
... recently made a major breakthrough when they invented a ... some very, very small metal particles work much better ... chemical energy to electricity in fuel cells or reducing ... week,s edition of the journal Nature Materials , ...
Other Biology News:TECNALIA leads five projects within the VII Framework Program 2Urea tanks on diesel trucks -- that's the law in the United States starting in 2010 2Urea tanks on diesel trucks -- that's the law in the United States starting in 2010 3Urea tanks on diesel trucks -- that's the law in the United States starting in 2010 4Urea tanks on diesel trucks -- that's the law in the United States starting in 2010 5Urea tanks on diesel trucks -- that's the law in the United States starting in 2010 6Urea tanks on diesel trucks -- that's the law in the United States starting in 2010 7
...
... array sample elements. , ,Includes: , DiscoverLight ... BSA in PBS (10X): 50 ml , ... , BupH Phosphate Buffered Saline: 8 packs ... ml ampules , SuperSignal West Pico Luminol Enhancer: 2 ...
... Obtain Clean and Accurate Results ... dramatically increase the sensitivity and accuracy of ... homogeneous cell types and multi-cellular structures isolated ... unique approach to microdissection-developed in 1996 at ...
Mouse monoclonal antibody raised against a partial recombinant DHX8. NCBI Entrez Gene ID = DHX8...
Biology Products: