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Medigene AG Lochhamer Str. 11 82152 Planegg/Martinsried, Germany https://www.medigene.de
Contact Mr Dr. Georg Dönges +49 89 85652946
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Medigene AG

MediGene sells full European rights for Eligard® to Astellas for EUR 25 million and ongoing royalties

(PresseBox) (Martinsried/Munich, )
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- Astellas to make oneofff payments totaling EUR 25 million
- MediGene to remain entitled to royalties
- No further costs to MediGene
- Sale price reflects the full NPV of all future Eligard® revenues while allowing MediGene to benefit from continued Eligard® growth
- Analyst and press conference call and webcast tomorrow, July 20, at 11 a.m. (CEST)

MediGene AG (Frankfurt, Prime Standard, MDG, TecDAX) announces the sale of full European marketing and distribution rights to Eligard® (leuprolide acetate, for the treatment of hormonedependent prostate cancer) to Astellas Pharma Europe Ltd. (London, "Astellas"), previously MediGene's European marketing partner for
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.