Announcing the Acquisition of Exclusive Distribution Rights to Cynviloq™ for the European Union

On May 13, 2013 Sorrento Therapeutics reported the acquisition of exclusive distribution rights from Samyang Biopharmaceuticals to Cynviloq (marketed as Genexol-PM in South Korea) in the 27 countries of European Union (EU) (Press release Sorrento Therapeutics, MAY 13, 2013, View Source [SID:1234500326]). IGDRASOL had previously obtained the exclusive U.S. distribution rights to Cynviloq from Samyang. STI has the right to acquire IGDRASOL pursuant to a previously-announced option agreement, entered into in March 2013.

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