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Sol-Gel Signs Asset Purchase Agreement With Shenzhen Beimei To Commercialize TWYNEO In Mainland of China, Hong Kong, Macau, Taiwan And Israel

Author: Benzinga Newsdesk | May 16, 2024 06:12am

Under the terms of the agreement, Beimei purchases and licenses rights to exclusively commercialize TWYNEO in these territories. In return, Sol-Gel will receive, subject to applicable government approvals, upfront and milestone payments of $10 million and up to $5 million as royalty payments on net sales.

Posted In: SLGL