Exhibit 10.12
Groton Laboratories
Pfizer Inc
Eastern Point Road, MS 0000-00
Xxxxxx, XX 00000
[Pfizer logo]
Global Research & Development
October 14, 2003 Xxxx X. XxxxxXxxxx
Site Director
Strategic Alliances
Bentley Pharmaceuticals, Inc.
Bentley Park
0 Xxxxxxx Xxx
Xxxxxx, XX
Attn: Xxxxx Xxxxxx
Dear Xx. Xxxxxx
Pfizer Inc and Bentley Pharmaceuticals, Inc. hereby amend paragraph 3 of the
Agreement between them with the Effective Date of October 29, 2001 and
previously amended on November 13, 2002 and May 1, 2003, relating to the
feasibility of developing formulations for Pfizer Inc compounds to read:
TERM: The term of this Agreement will begin on the Effective Date and
continue to 30 (thirty) months after the Effective Date.
Except as modified hereby, all other terms and conditions of the 2001 Agreement
as amended remain in full force and effect.
Please indicate your acceptance of the amendment by executing this letter in the
place indicated below.
Very truly yours,
/S/ XXXX X. XXXXX XXXXX
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Xxxx X. Xxxxx Xxxxx
Site Director, Strategic Alliances
Agreed and accepted:
BENTLEY PHARMACEUTICALS, INC.
By: /S/ XXXXX X. XXXXXX
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Name: Xxxxx X. Xxxxxx
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Title: Chairman & CEO
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Date: 22 Oct 2003
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