Generex Biotechnology and SciGen have entered into a product licensing and distribution agreement under which SciGen will procure governmental approvals for the importation, marketing, distribution, and sale of Generex Oral-lyn in the People's Republic of China, Hong Kong, Indonesia, South Korea, Malaysia, the Philippines, Singapore, Thailand, and Vietnam.
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Pursuant to the terms of the agreement, SciGen will seek governmental approvals for the sale of Generex Oral-lyn in the territory using SciGen’s own recombinant human insulin product. SciGen will supply its recombinant human insulin and Generex will formulate and fill Generex Oral-lyn for marketing and distribution by SciGen in the territory.
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