Quotient Sciences Quotient Sciences

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[{"orgOrder":0,"company":"PDL BioPharma","sponsor":"SWK Holdings Corporation","pharmaFlowCategory":"D","amount":"$4.3 million","upfrontCash":"$4.3 million","newsHeadline":"PDL BioPharma Announces Sale of Kybella\u00ae, Zalviso\u00ae and Coflex\u00ae Royalties to SWK Holdings Corporation","therapeuticArea":"Nutrition and Weight Loss","highestDevelopmentStatus":"Approved","country":"U.S.A","productType":"Small molecule","productStatus":"Approved","date":"August 2020","url1":"","url2":"","graph1":"Nutrition and Weight Loss","graph2":"Approved"}]

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            Details:

            Under the terms of the definitive agreement, PDL BioPharma will sale three royalty interests for Kybella®, Zalviso®, and Coflex® (collectively the "Royalties") to SWK Funding, LLC a wholly owned subsidiary of SWK Holdings Corporation (Nasdaq: SWKH).

            Lead Product(s): Deoxycholic Acid

            Therapeutic Area: Nutrition and Weight Loss Product Name: Kybella

            Highest Development Status: Approved Product Type: Small molecule

            Partner/Sponsor/Collaborator: SWK Holdings Corporation

            Deal Size: $4.3 million Upfront Cash: $4.3 million

            Deal Type: Divestment August 31, 2020

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