Fuisz, McNeil Consumer Products Co. deal

The companies will develop dietary supplements using FUSE's Shearform Nougat technology, in which uniform crystalline microspheres are used to mask tastes as well as for controlled release.

McNeil will make an upfront payment of $1.2 million for an initial year, followed by payments for each month the agreement is extended. If McNeil extends the license option, which must occur this year, FUSE will receive a $4 million fee for exclusive rights to manufacture and market in North America any dietary supplement products using the Shearform Nougat technology, as well as exclusive manufacturing and marketing rights, except to FUSE, for the rest of the world. FUSE will receive royalties. ...