Intellipharmaceutics (IPCI), Mallinckrodt (MNK) Enter Exclusive Licensing Agreement for XR Drug Product Candidates
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Intellipharmaceutics Signs an Exclusive License and Commercial Supply Agreement with Mallinckrodt
October 11, 2016 4:46 PM EDTTORONTO, Oct. 11, 2016 (GLOBE NEWSWIRE) -- Intellipharmaceutics International Inc. (Nasdaq: IPCI) (TSX: I) ("Intellipharmaceutics" or the "Company"), a pharmaceutical company specializing in the research, development and manufacture of novel and generic controlled-release and targeted-release oral solid dosage drugs, today announced that it has entered into a license and commercial supply agreement with Mallinckrodt LLC ("Mallinckrodt"), by which the Company has granted Mallinckrodt an exclusive license to market, sell and distribute in the United States the following extended release drug product candidates (the "licensed products") for which... More