Enteris BioPharma and Nordic BioScience's KeyBioScience Enter Strategic Licensing Agreement to Develop Metabolic Peptides Using Enteris' Proprietary Oral Drug Delivery and Manufacturing Platform
The licensing agreement with KeyBioScience marks the first significant revenue-generating partnership for Enteris since its inception in
Under the terms of the agreement, Enteris will license to KeyBioScience its oral drug delivery and recombinant manufacturing technologies, as well as become the exclusive provider of pre-clinical and clinical trial API and solid dosage form finished product and will receive both fee-for-service revenues and royalties based on net sales of the developed products.
Dr. Morten Asser Karsdal, Professor and CEO of KeyBioScience, remarked, "Advancing the licensed peptides to the clinic is the first step in what we believe will ultimately become a new paradigm for peptide-based therapeutics and the treatment of metabolic disease. Our ability to both apply and leverage Enteris' Peptelligence™ platform will be critical to our success as we progress into advanced-stage clinical trials and potential commercialization."
Peptelligence™ is a clinically proven formulation technology that enables the oral delivery of BCS class II, III and IV peptide and small molecule compounds in a proprietary enteric-coated tablet formulation. Peptelligence™ has demonstrated a unique track record of clinical success across a range of compounds and therapeutic indications, including a positive outcome pivotal Phase 3 trial.
Keywords for this news article include: Peptides, Proteins, Chemicals, Chemistry, Treatment, Bioscience, Proteomics, Technology,
Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2013, NewsRx LLC
Most Popular Stories
- 15 Myths That Could Ruin Your Hispanic Ad Campaign
- AIG to Create 230 Jobs in Charlotte
- General Motors Names Mary Barra as First Female CEO
- Russia Says Nyet to Canada North Pole Claim
- Bipartisan Negotiators Reach Modest Budget Agreement
- Justin Bieber Visits Typhoon Victims, Plays Concert
- Senate Dems Move Forward With Obama Nominees
- New Obama Aide to Focus on Climate Change
- MasterCard to Split Shares, Raise Dividend
- Obama Nominee Confirmed for D.C. Appeals Court