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Somaxon inks agreement to commercialise insomnia drug outside US, Europe and Asia

This article was originally published in Scrip

Executive Summary

Somaxon Pharmaceuticals said that the Canadian firm Paladin Labs has acquired the rights to market its insomnia drug Silenor (low-dose doxepin) in Canada, South America and Africa for an upfront payment of $500,000 and an equity investment of $5 million.

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