Ocular Therapeutix and Regeneron team up on SR formulation of Aflibercept

13 October 2016

biopharma company Ocular Therapeutix (Nasdaq: OCUL) has entered into a strategic collaboration, option and license agreement with biotech firm Regeneron Pharmaceuticals (Nasdaq: REGN) onthedevelopment of a sustained-release formulation of the vascular endothelial growth factor (VEGF) trap aflibercept for the treatment of wet age-related macular degeneration (wet AMD) and other serious retinal diseases.

News of the deal saw Ocular Therapeutix’ shares soar 20.9% to $7.63 in morning trading.

This formulation is currently in preclinical development. Regeneron’s aflibercept is currently approved by the US Food and Drug Administration for certain indications under the brand name Eylea, and is partnered ex-USA with German pharma major Bayer (BAYN: DE).

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK