11:46 AM EST - Labopharm Inc. : said its wholly-owned subsidiary, Labopharm Europe Limited, has completed a licensing and distribution agreement for once-daily tramadol with Nippon Shinyaku Co., Ltd. of Japan. Labopharm will receive an up-front payment upon signature of the agreement and is eligible to receive additional payments related to the achievement of certain regulatory and commercialization milestones. Labopharm Inc.
shares T.DDS are trading up $0.03 at $1.48.