OctoPlus announces expansion of drug delivery contract with top-5 pharmaceutical company

Published : Thursday, January 5, 2012
OctoPlus announces expansion of drug delivery contract with top-5 pharmaceutical company

OctoPlus announced that it has won an expansion of its drug delivery technology evaluation contract with an existing client, a top-5 global pharmaceutical company.  


OctoPlus has performed feasibility work for previous compounds of this client in 2009 and 2010 and those studies have been successful. Pre-clinical studies performed with the prototype controlled release formulation were also successful. 

Under this contract, OctoPlus will develop a controlled release formulation that combines the client’s optimized product candidate with our proprietary drug delivery technology PolyActive®. If the project is successful, the contract may progress to a full process development and manufacturing contract, and a licensing agreement.