Needham & Company Reiterates Buy on Dermira (DERM) Following Licensing Agreement
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Dermira Licenses DRM04 to Maruho for Hyperhidrosis in Japan
September 20, 2016 4:05 PM EDTTerms include $25 million upfront license payment to DermiraMaruho to fund all development and commercial costs for DRM04 in Japan
MENLO PARK, Calif., Sept. 20, 2016 (GLOBE NEWSWIRE) -- Dermira, Inc. (NASDAQ: DERM), a biopharmaceutical company dedicated to identifying, developing and commercializing innovative, differentiated therapies to improve the lives of patients with dermatologic diseases, today announced it has entered into an exclusive license agreement with Maruho Co., Ltd., a Japanese company specializing in dermatology. Pursuant to the terms of the agreement, Dermira has granted Maruho an exclusive license to develop and... More
