UCB gives back rights to Recordati's Corifeo for $12.6M

7 May 2006

Belgian drugmaker UCB has agreed to return German sales and marketing rights to Corifeo (lercanidipine), an antihypertensive calcium channel blocker, to its originator, Italy's Recordati, for a payment of 10.0 million euros ($12.6 million). UCB said that the move was part of its strategy to focus on innovation for specialists in the fields of central nervous system, inflammation (including allergy) and oncology.

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