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Will evaluate CR formulation for Top 5 pharma
September 13, 2010
By: Tim Wright
OctoPlus has expanded a drug delivery technology evaluation contract with an undisclosed client, which it refers as a top five global pharmaceutical company. OctoPlus has performed feasibility work for multiple compounds of this client and the client has now decided to proceed with the evaluation of OctoPlus’ PolyActive technology for an additional product candidate in its pipeline. OctoPlus will evaluate the feasibility of a controlled release formulation that combines the client’s product candidate with OctoPlus’ proprietary drug delivery technology. If the evaluation is successful, the contract may progress to a full process development, manufacturing and licensing agreement.
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