EUSA buys up Innocoll antibiotic and pain control lines:

Collagen implant technology developer Innocoll has sold its Collatamp G antibiotic surgical implant and wound dressing lines, as well as its CollaRx bupivacaine pain control implant, to specialty pharmaceutical company EUSA Pharma. The transaction sees Doylestown, Pennsylvania-based EUSA gain worldwide rights to the products, except in the US - although it does have an option to the US rights for CollaRx bupivacaine. Innocoll (Oxford, UK) will also transfer its European sales and marketing force (which sells to 20 European territories) and worldwide distribution network (covering 25 other non-European countries) to EUSA. Innocoll will continue to manufacture the products and supply them to EUSA, in return for an undisclosed upfront fee, future milestone payments, and an equity investment from the latter in Innocoll's parent company. Collatamp G is a biodegradable collagen sponge implant used in drug delivery, whereas CollaRx bupivacaine is designed to provide post-operative pain relief and reduce opioid dependency.