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GTC to terminate Leo Pharma collaboration

This article was originally published in Scrip

Executive Summary

GTC Biotherapeuticsis terminating a development and commercialisation agreement withLeo Pharma for ATryn (antithrombin III [recombinant]), alleging a breach of contract. GTC has notified the Danish firm of its intent to end the collaboration and will seek damages under International Chamber of Commerce arbitration rules.

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