BERLIN, Sept. 4, 2007 (PRIME NEWSWIRE) -- Jerini AG (FSE:JI4) announced today the termination of the license agreement between its affiliate, Jerini US, Inc., and Kos Life Sciences, Inc. for the development, marketing, and distribution of Icatibant in the United States and Canada. The license agreement between Jerini US, Inc. and Kos Life Sciences, Inc. was acquired by Abbott as part of the company’s December 2006 Kos Pharmaceuticals acquisition. After an in-depth review following the Kos acquisition, Abbott determined that Icatibant did not strategically fit the company’s core areas of therapeutic expertise.
