BioSante Pharmaceuticals, Inc. Signs Oral Contraceptive License with Pantarhei Bioscience

Published: May 07, 2007

LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--BioSante Pharmaceuticals, Inc. (Amex: BPA) today announced that it has signed an exclusive agreement with Pantarhei Bioscience, a Netherlands-based pharmaceutical company for the development and marketing of an oral contraceptive in the United States. BioSante will co-fund the early development of the oral contraceptive up to $1.0 million. Pantarhei will be responsible for all other expenses to develop and market the product.

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