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Achelous Partners Advises BTG plc (LSE: BGC) on the licensing of its ReGel® drug delivery system for ophthalmic indications to Allergan Inc

BTG plc (LSE: BGC), the specialty pharmaceuticals company, today announces that it has licensed exclusive worldwide rights to Allergan to develop products for diseases and conditions of the eye using BTG’s ReGel® drug delivery system. Under the terms of the agreement, BTG will receive an undisclosed upfront payment, and potential additional future milestones and royalties on product sales.

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