BRIEF-Zealand Pharma, Roche Enter Collaboration And License Agreement

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March 12 (Reuters) - Zealand Pharma A/S ZELA.CO:

ZEALAND PHARMA AND ROCHE ENTER COLLABORATION AND LICENSE AGREEMENT TO CO-DEVELOP AND CO-COMMERCIALIZE PETRELINTIDE AS A FUTURE FOUNDATIONAL THERAPY FOR PEOPLE WITH OVERWEIGHT AND OBESITY
TO RECEIVE $1.65 BILLION IN UPFRONT PAYMENTS
TOTAL CONSIDERATION UP TO $5.3 BILLION
TO PAY ROCHE $350 MILLION FOR CT-388 CONTRIBUTION

Source text: ID:nGNE3hyxW3

Further company coverage: ZELA.CO

(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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