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Anesiva and Sigma-Tau sign marketing agreement for Zingo

Anesiva and Sigma-Tau have signed an agreement granting an exclusive license to Sigma-Tau for the marketing and distribution of Anesiva's Zingo powder intradermal injection system in six European countries; Italy, France, Germany, Netherlands, Belgium and Luxembourg.

Under the terms of the agreement, Sigma-Tau will oversee all necessary regulatory filings, and will be responsible for all marketing and sales of Zingo in their territory. The agreement between Anesiva and Sigma-Tau includes an upfront payment to Anesiva and transfer price, as well as milestone payments.

John McLaughlin, CEO of Anesiva, said: “This licensing agreement covers the majority of Europe and we are currently in advanced discussions with other potential partners for certain additional countries.”