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BTG Sells HySolv Technology to Major Pharmaceutical Company
BTG, 08/31/09

BTG plc , the specialty pharmaceuticals company, announces the sale of its HySolv drug delivery technology to Novartis Pharma AG for an initial payment of US$0.75m and potential additional future milestone payments of up to US$9.25m. Under the terms of the agreement, Novartis acquires all of the patent rights and know how with respect to the HySolv drug delivery technology.

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