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Senetek, ICN Extend Kinetin License
September 15, 2003
1 Min Read
Senetek, ICN Extend Kinetin License
NAPA, Calif.Senetek PLC expanded its 1998 manufacturing license with ICN Pharmaceuticals Inc. for products containing Seneteks kinetin. ICN will add five new kinetin products to its existing Kinerase product line, including new serum and cream formulations with highly stabilized vitamin C. As part of the agreement, ICN is making a $3 million prepayment of royalties at signing. Other Senetek (www.senetekplc.com) licensees include Revlon Inc. and The Body Shop.
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