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Midatech Pharma Appoints Centurion Pharma For Q-Octreotide In Turkey

14th Dec 2015 08:28

LONDON (Alliance News) - Midatech Pharma PLC on Monday said it has inked a supply agreement with Turkey's Centurion Pharma Ilac Ltd Sti for its Q-Octreotide treatment for carcinoid and acromegaly.

The agreement grants exclusive rights to Centurion for Q-Octreotide in the Turkish market. Under the agreement Midatech will receive up-front, milestone and royalty payments from Centurion. Financial terms of these payments were not disclosed.

Shares in Midatech were trading flat at 235.00 pence Monday morning.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.


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