Specialty pharmaceutical company Uluru has said that Meldex International has filed the regulatory dossier for approval of Uluru's proprietary product OraDisc B in Europe. OraDisc B incorporates 15 milligrams of benzocaine for the treatment of oral pain.
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Under the terms of the agreement this will trigger a major milestone payment from Meldex International in February 2008.
Kerry Gray, president and CEO of Uluru, said: “I am very pleased with the progress Meldex has made preparing and submitting the OraDisc B Dossier. Securing a regulatory approval for our adhesive film technology in Europe is an important step in our overall commercialization strategy for this technology.”
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