EXHIBIT 10.4
AMENDMENT NO. 3
TO
THE EXPANDED AND AMENDED THYMOSIN ALPHA 1 LICENSE, DISTRIBUTORSHIP AND
SUPPLY AGREEMENT
SIGNED BY AND BETWEEN SCICLONE PHARMACEUTICALS INTERNATIONAL LTD
AND
SIGMA-TAU INDUSTRIE FARMACEUTICHE RIUNITE SPA ON MARCH 3, 2000
AS AMENDED BY THE PARTIES WITH AMENDMENT NO. 1 ON DECEMBER 19, 2001
AND FURTHER AMENDED WITH AMENDMENT NO. 2 ON MAY 20, 2004
(HEREINAFTER "THE AGREEMENT")
SCICLONE PHARMACEUTICALS INTERNATIONAL LTD. ("SPIL"), a Cayman Islands business
entity which is a wholly-owned subsidiary of SciClone Pharmaceuticals, Inc.
("SCLN"), a Delaware corporation;
and
SIGMA-TAU INDUSTRIE FARMACEUTICHE RIUNITE S.P.A. ("Sigma-Tau"), an Italian
corporation having offices at xxxxx Xxxxxxxxxxx 00, 00000 Xxxx, Xxxxx.
SPIL AND SIGMA-TAU HEREBY AGREE TO AMEND ARTICLE 5 (DEVELOPMENT AND CLINICAL
TRIALS), OF THE AGREEMENT IN ORDER TO ADD AN ADDITIONAL OBLIGATION "(5)" TO
SECTION 5.8, C, II AS FOLLOWS:
(c) SPIL'S Obligations
In furtherance of the Trial:
(i) SPIL shall supply free of charge to Sigma-Tau
the Licensed Product, placebo and the Roche products Pegaysy(R) and Copegus(R)
in the amounts needed for the Trial;
(ii) SPIL shall make payments to Sigma-Tau up to a
total of US $2,500,000 (U.S. Dollars two million five hundred thousand) to
assist in paying for incurred or anticipated costs and expenses associated with
the Trial, as follows:
(1) an initial payment equal to [****] upon
[****];
(2) a payment equal to [****] upon [****];
(3) a payment of [****] per each patient,
who is enrolled and injected with active drug substance, up to a cumulative
total of [****], paid [****]; and
(4) a milestone payment equal to [****] upon
[****].
(5) a milestone payment equal to U.S.
$1,500,000 (U.S. Dollars one million five hundred thousand) upon completion of
the final study report.
Except only as set forth above, all of the provisions of the Agreement shall
remain unchanged and in full force and effect.
SIGNATURES
IN WITNESS WHEREOF, THE PARTIES HERETO HAVE CAUSED THIS AMENDMENT AGREEMENT TO
BE DULY EXECUTED EFFECTIVE AS OF THE DATE LAST WRITTEN BELOW.
SCICLONE Pharmaceuticals SIGMA-TAU Industrie
International Ltd. Farmaceutiche Riunite SpA
____________________________ _________________________________
By: By:
Title: Title:
Date: Date:
*Certain information on this page has been omitted and filed separately with the
Commission. Confidential treatment has been requested with respect to the
omitted portions.