Biofrontera To Sell Photodynamic Therapy For Skin Diseases In Poland Via Supply Pact With Medac

  • Biofrontera Pharma GmbH, a wholly owned subsidiary of Biofrontera AG BFRA and Medac Gesellschaft für klinische Spezialpräparate mbH have signed an exclusive license and supply agreement for the marketing of both Ameluz and BF-RhodoLED in Poland. 
  • The agreement has a term of 5 years commencing with the start of sales in Poland.
  • Under the terms of the agreement, Medac will make an immediate one-time upfront payment of €50,000, plus an additional one-time payment of €150,000 after the drug's reimbursement eligibility in Poland. 
  • In 2011, Ameluz was approved for photodynamic therapy (PDT) of mild to moderate actinic keratoses, field cancerization, and superficial and nodular basal cell carcinomas. 
  • Ameluz is approved for use in conventional PDT with red-light lamp BF-RhodoLED as well as for daylight PDT.
  • Price Action: BFRA shares are up 1.7% at $6.55 during the premarket session on the last check Friday.

Posted In: BriefsBiotechNewsHealth CareContractsAsset SalesGeneral

Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.

All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.

Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.

Rate collection and criteria: Click here for more information on rate collection and criteria.