Biofrontera Inc. has signed an agreement to acquire all US assets related to Ameluz ® and RhodoLED ® including New Drug Application (NDA) and associated patents from Germany-based Biofrontera AG. Under their new agreement, the effective royalty rate paid by Biofrontera Inc. will be reduced to 12% (and 15% above revenue of $65 million) of net sales from 25% - 35% of net sales. This transaction, coupled with an $11 million... Read More