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Tuesday, November 4, 2014

BRIEF-Pharming Group confirms receipt of $20 mln milestone payment from Salix Pharmaceuticals

Nov 4 (Reuters) - Pharming Group Nv



* Pharming confirms receipt of $20 million milestone paymentfrom Salix Pharmaceuticals



* Milestone paid according to terms and conditions ofRuconest commercialization agreement between Salix and Pharming



* Receipt of milestone payment strengthens company'sdebt-free balance sheet to more than 38 million eurosSource text for Eikon: Further company coverage: (Gdynia Newsroom: +48 58 698 39 20;Gdynia.newsroom@thomsonreuters.com)





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