Biofrontera AG / License / Biofrontera and DSE Healthcare Solutions form an agreement on the distribution of Reliéva(TM) in the USA Ad hoc announcement according to §15 WpHG processed and transmitted by Hugin ASA. The issuer is solely responsible for the content of this announcement. ---------------------------------------------------------------------- --------------
Leverkusen, 26 August 2008 - Biofrontera AG announces today that she has signed an agreement with DSE Healthcare Solutions L.L.C., Edison, USA, giving this company the right to market Reliéva(TM) in the United States. This exclusive right covers the product line for the treatment of psoriasis and atopic dermatitis and the brand name Reliéva. Although other indications or uses of the products are excluded from the agreement, DSE Healthcare Solutions obtains a right of negotiation. The investments required for marketing and sales of Reliéva in the USA will be covered in total by DSE Healthcare Solutions. According to the license agreement DSE Healthcare Solutions will purchase Reliéva(TM) from Biofrontera at a price that is already determined and protected from inflation. In addition, DSE Healthcare Solutions will pay royalties to Biofrontera comprising 50% of the profit, but a minimum of 10% of the sales.
Biofrontera AG, Hemmelrather Weg 201, 51377 Leverkusen, Germany ISIN: DE0006046113 WKN: 604611
Contact: Anke zur Mühlen Biofrontera AG Tel.: +49 (0214) 87 63 222 Fax.: +49 (0214) 87 63 290 e-mail: a.zurmuehlen@biofrontera.com
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Biofrontera AG Hemmelrather Weg 201 Leverkusen Germany
WKN: 604611; ISIN: DE0006046113; Listed: Freiverkehr in Börse Berlin, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Stuttgart, Freiverkehr in Frankfurter Wertpapierbörse, Geregelter Markt in Börse Düsseldorf;
Biofrontera AG
http://www.biofrontera.com/
ISIN: DE0006046113
Stock Identifier: XQTX.B8F
Leverkusen, 26 August 2008 - Biofrontera AG announces today that she has signed an agreement with DSE Healthcare Solutions L.L.C., Edison, USA, giving this company the right to market Reliéva(TM) in the United States. This exclusive right covers the product line for the treatment of psoriasis and atopic dermatitis and the brand name Reliéva. Although other indications or uses of the products are excluded from the agreement, DSE Healthcare Solutions obtains a right of negotiation. The investments required for marketing and sales of Reliéva in the USA will be covered in total by DSE Healthcare Solutions. According to the license agreement DSE Healthcare Solutions will purchase Reliéva(TM) from Biofrontera at a price that is already determined and protected from inflation. In addition, DSE Healthcare Solutions will pay royalties to Biofrontera comprising 50% of the profit, but a minimum of 10% of the sales.
Biofrontera AG, Hemmelrather Weg 201, 51377 Leverkusen, Germany ISIN: DE0006046113 WKN: 604611
Contact: Anke zur Mühlen Biofrontera AG Tel.: +49 (0214) 87 63 222 Fax.: +49 (0214) 87 63 290 e-mail: a.zurmuehlen@biofrontera.com
--- End of Message ---
Biofrontera AG Hemmelrather Weg 201 Leverkusen Germany
WKN: 604611; ISIN: DE0006046113; Listed: Freiverkehr in Börse Berlin, Freiverkehr in Bayerische Börse München, Freiverkehr in Börse Stuttgart, Freiverkehr in Frankfurter Wertpapierbörse, Geregelter Markt in Börse Düsseldorf;
Biofrontera AG
http://www.biofrontera.com/
ISIN: DE0006046113
Stock Identifier: XQTX.B8F
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