Particle Sciences Acquires LyoCell Technology
Particle Sciences will offer the technology to clients looking to increase bioavailability or develop parenteral formulations of difficult-to-solubilize compounds.
US-based pharmaceutical CRO Particle Sciences, Inc. (PSI) has acquired exclusive rights to Lyotropics Therapeutics’ LyoCell patent portfolio.
The LyoCell technology allows for the solubilization, stabilization, and delivery of a wide range of compounds, both small and large molecule.
Under the revenue-share agreement, PSI obtains a full license to the technology except for compounds previously developed by Lyotropics. Particle Sciences will offer the technology to clients looking to increase bioavailability or develop parenteral formulations of difficult-to-solubilize compounds.
Robert Lee, PSI’s vice president of Pharmaceutical Development, said, “LyoCells are proprietary lyotropic liquid crystal-based formulations that contain both
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