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Change of priorities sees Futura Medical distributor terminate licensing agreement

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James Barder, chief executive of Futura Medical PLC (LON:FUM) tells Proactive Church & Dwight Co Inc has given formal notice that it intends to terminate its licensing agreement for the UK firm’s CSD500 erectogenic condom and is to return all commercialisation rights.The agreement covered manufacturing, marketing and distribution rights to CSD500 in North America and certain countries in Europe.

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