Ipsen and new biotech startup announce oncology partnership
French drugmaker Ipsen (Euronext: IPN) and new startup PeptiMimesis have announced a new partnership to develop a novel generation of therapeutic peptides targeting membrane receptors which are overexpressed in a large number of cancers.
Only last month PeptiMimesis formally launched its activities to develop the new therapeutic peptides using a breakthrough technology from the University of Strasbourg and INSERM (the French Institute of Health and Medical Research).
Now it has agreed a research deal with Ipsen and a licensing option allowing the company to develop and market new drug candidates which come from the partnership.
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