Antares Pharma, Inc. Enters Licensing Agreement with Daewoong Pharmaceutical Co., Ltd. for Oxybutynin Gel 3% in South Korea

EWING, N.J.--(BUSINESS WIRE)--Antares Pharma, Inc. (NYSE Amex: AIS) today announced that it has licensed exclusively its Oxybutynin Gel 3% to Daewoong Pharmaceuticals Co. Ltd.,for marketing in South Korea. Antares will receive undisclosed upfront payments, regulatory milestones and sales based milestones, as well as royalties on net sales for the product.
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