Oscient Pharmaceuticals Corporation And Pfizer Inc. Enter Agreement For FACTIVE Tablets In Mexico

WALTHAM, Mass.--(BUSINESS WIRE)--Feb. 7, 2006--Oscient Pharmaceuticals Corporation (Nasdaq: OSCI) has sublicensed the commercialization rights to FACTIVE(R) (gemifloxacin mesylate) tablets in Mexico to Pfizer, S.A. de C.V. (Pfizer Mexico), the largest pharmaceutical company in that country. In exchange for those rights, Pfizer Mexico has agreed to pay Oscient an up-front payment, milestones for attaining certain regulatory and sales goals as well as royalties on future sales. Specific financial terms were not disclosed.
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