BRIEF-Windtree Eliminates $15 Million Contingent Liability To Deerfield Management Company

Reuters01-25

Jan 25 (Reuters) - Windtree Therapeutics Inc :

* WINDTREE ELIMINATES $15 MILLION CONTINGENT LIABILITY TO DEERFIELD MANAGEMENT COMPANY

* WINDTREE THERAPEUTICS INC - ENTERED AN EXCHANGE AND TERMINATION AGREEMENT WITH AFFILIATES OF DEERFIELD MANAGEMENT COMPANY

* WINDTREE THERAPEUTICS INC - IN EXCHANGE FOR DEERFIELD TERMINATING ITS RIGHTS, CO AGREED TO ISSUE TO DEERFIELD 608,272 SHARES OF CO'S COMMON STOCK

* WINDTREE THERAPEUTICS INC - IN EXCHANGE FOR DEERFIELD TERMINATING ITS RIGHTS, CO TO PAY DEERFIELD $100,000 CASH PAYMENT UPON EXECUTION OF AGREEMENT

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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