August 2, 2006 Meda AB Box 906 Pipers vag 2A Solna, Sweden Attention: Anders Lonners, CEO Dear Anders:
Exhibit 10.17
August 2, 2006
Meda AB
Box 906
Pipers vag 2A
17009
Solna, Sweden
Attention: Xxxxxx Xxxxxxx, CEO
Dear Xxxxxx:
This letter will confirm our agreement with Meda that neither BDSI, Arius nor Arius Two will take any action to terminate, by mutual agreement with a third party, any agreement which would cause a termination of Meda’s rights under the License and Development Agreement and each document, instrument, agreement, license and/or sublicense related thereto, unless provision is made for Meda’s rights under the License and Development Agreement to continue undisturbed.
Very Truly Yours, | ||
BioDelivery Sciences International, Inc. | ||
By: | /s/ Xxxx X. Xxxxx | |
Arius Pharmaceuticals, Inc. | ||
By: | /s/ Xxxx X. Xxxxx | |
Arius Two, Inc. | ||
By: | /s/ Xxxx X. Xxxxx |