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(From Chemical Business NewsBase - Press Release)
Labopharm Inc has granted Glaxo Group Ltd (GSK) exclusive rights to distribute its once-daily tramadol product in Mexico. This agreement expands the existing licensing and distribution arrangement between Labopharm and GSK for 20 Latin American and Caribbean countries entered into in Sep 2005. Under the terms of the agreement, Labopharm will supply GSK with product and GSK will distribute the product throughout the licensed territory. In addition to specified milestone …