Starpharma SPHRY today announced the signing of a
licensing agreement with global pharmaceutical company AstraZeneca AZN. The
agreement enables the development and commercialisation by AstraZeneca
of compounds directed at a defined family of targets using Starpharma's
DEP® drug delivery technology. The DEP® platform
centres on use of Starpharma's proprietary dendrimers, with the aim of
enhancing the dosing and efficacy characteristics of pharmaceuticals.
Under the agreement Starpharma is eligible to receive signature and
milestone payments on one or more AstraZeneca DEP® products
if they progress through the development pipeline, and milestone and
royalty payments on any net sales of the resultant products. AstraZeneca
will fund all development and commercialisation costs under the
See full press release
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