Windtree Therapeutics May Receive Up to $78.9 Million in License Agreement Payments

Reuters11-17
Windtree <a href="https://laohu8.com/S/LENZ">Therapeutics</a> May Receive Up to $78.9 Million in License Agreement Payments

Windtree Therapeutics Inc. announced that it may receive license agreement payments from its licensee related to renewed development activities for the company's acute pulmonary treatments. The amended and restated global license agreement, executed in August 2022, includes potential milestone payments up to $78.9 million, as well as low double-digit royalties. The license partner is responsible for all development and commercialization costs. The licensed treatments, including SURFAXIN®, lyophilized lucinactant, and AEROSURF®, are intended for the treatment of respiratory distress syndrome (RDS) in premature infants. Windtree stated it will provide further information regarding the timing and receipt of potential milestone payments as it becomes available.

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