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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Unilever Nv | LSE:UNV | London | Ordinary Share | NL0000388601 | NLG1.12 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS No 9738x UNILEVER PLC UNILEVER NV 6th October 1998 UNILEVER LICENSES HAIR RESEARCH TO BRISTOL-MYERS SQUIBB Unilever and Bristol-Myers Squibb Company (6 October) announced a research and development agreement in the area of hair-loss prevention. According to the companies, Bristol- Myers Squibb will obtain the rights to hair follicle research and patents developed by Unilever. Financial details were not disclosed. Unilever will receive milestone payments as Bristol-Myers Squibb develops prescription compounds that will be used to prevent hair loss. The companies also may collaborate on development of over-the-counter products in the future. "This is the first time that a technology from a Unilever research program will be licensed to a pharmaceutical company for the expressed purpose of developing a prescription product," said Dr. Lincoln Krochmal, Unilever's Senior Vice President, Home & Personal Care Research. "This ground- breaking agreement, with Bristol-Myers Squibb not only gives them access to proven scientific technology, but provides Unilever with potential commercialization of a technology which was not being advanced to the marketplace." "Bristol-Myers Squibb is a recognized industry leader in bringing effective therapies to the market," said Milton E. Goggans, President, Westwood-Squibb. "We're pleased to have this opportunity to add Unilever's research to our dermatology discovery portfolio." END MSCANOOKWUKRRAA
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