Unilife Inks Pact with Global Pharma
Unilife has signed a clinical development and supply agreement with a global pharmaceutical company for a novel device.
Unilife Corp., a device innovation partner to pharmaceutical and biotechnology companies, has signed a clinical development and supply agreement with a global pharmaceutical company for a novel device for targeted organ delivery.
The Unilife device will be used in a clinical trial scheduled to begin in early 2012.
Unilife will receive $1.4 million in development fees and revenue from initial unit sales of the devices for this and future clinical trials.
Unilife’s chief operating officer, Dr. Ramin Mojdeh, said, “This partnership demonstrates Unilife’s capability in device innovation and its commitment to address the unmet needs of its customers in drug
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