EIRGENIX ACHIEVES THE FIFTH MILESTONE OF ITS TRASTUZUMAB BIOSIMILAR LICENSING AGREEMENT
EirGenix Achieves The Fifth Milestone Of Its Trastuzumab Biosimilar Licensing Agreement.
[Taipei, Taiwan] – After achieving the first four milestones of its licensing agreement with Sandoz AG for its breast cancer biosimilar, EG12014 (Trastuzumab Biosimilar, also called EGI014), EirGenix Inc. (6589.TT) has completed its fifth licensing agreement milestone on January 25, 2022. The revenue from the milestone payment will be recognized in stages in accordance to standard accounting procedures and will serve to benefit the company's current operations and further development.
2022-01-26
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