HONG KONG, Oct 13, 2022 - (ACN Newswire via SEAPRWire.com) - Essex Bio-Technology Limited (the "Company", together with its subsidiaries, the "Group") wishes to announce that Essex Bio-Investment Limited ("Essex Bio-Investment"), a wholly-owned subsidiary of the Group has on 13 October 2022 successfully secured (i) a patent and know-how licence agreement; and (ii) a patent assignment deed (together as the "Agreements") in relation to SkQ1 , an active pharmaceutical ingredient, from Mitotech S.A. ("Mitotech"), in which Mitotech granted the Group worldwide (excluding Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia) ("Global") rights and interests in SkQ1, transferable and irrevocable, in the field of ophthalmology exclusively.Pursuant to the Agreements, Mitotech has agreed to assign, among others, all the rights of a list of inventions and patents, and to grant an exclusive, transferable and irrevocable Global licence to Essex Bio-Investment, free from encumbrance, to use a list of patents owned by Mitotech relating to SkQ1 to develop, manufacture, sell and supply any therapeutic products or therapies applying to the eye and its adnexa (the "Products"), apply for and obtain Glob...