Octoplus Extends Drug Delivery Contract with Top-5 Pharma Company
Octoplus will develop a controlled release formulation that combines the client's optimised product candidate with its proprietary PolyActive drug delivery technology.
Amsterdam-based OctoPlus has extended a drug delivery technology evaluation contract with a top-5 global pharmaceutical company.
The firm carried out feasibility work for previous compounds of this client in 2009 and 2010 and those studies have been successful. Pre-clinical studies performed with the prototype controlled release formulation were also successful.
According to the new contract, Octoplus will develop a controlled release formulation that combines the client's optimised product candidate with its proprietary PolyActive drug delivery technology.
If the project is successful, the contract may progress to a full process development and manufacturing contract, and a licensing agreement.
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