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Cerecor takes over cough drug from Fells Labs
from Pharmaceutical Business Review
Cerecor has taken over intellectual property assets of FP01, an oral cough medication, from Fells Laboratories. Earlier, Johns Hopkins University in Baltimore had licensed FP01 intellectual property to Fells Labs. As per the terms of the current agreement, Fells Labs is entitled to get an upfront payment and additional consideration from Cerecor, upon the achievement of milestone.
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