DelSiTech and Innovare to work together on HIV therapy
Finnish drug developer DelSiTech and Mexican drugmaker Innovare R&D have signed a global licence agreement for the use of DelSiTech's Silica Matrix drug delivery platform to develop a long-acting HIV therapy.
DelSiTech will receive an upfront payment, milestone payments and royalties on development, commercialization and sales of the resulting product. Financial details were not disclosed.
DelSiTech chief executive Lasse Leino said: "This agreement with Innovare follows an already successful and long-lasting collaboration on this peptide."
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