OctoPlus signs contract with Axentis Pharma
OctoPlus, a Dutch drug delivery company, has signed a pharmaceutical development and manufacturing contract with Switzerland-based Axentis Pharma. The undisclosed contract value will contribute to OctoPlus" annual sales, which are expected to be around Euro 19m.
OctoPlus, a Dutch drug delivery company, has signed a pharmaceutical development and manufacturing contract with Switzerland-based Axentis Pharma. The undisclosed contract value will contribute to OctoPlus" annual sales, which are expected to be around Euro 19m.
Under the terms of the contract, OctoPlus will handle process development and clinical manufacturing of Axentis Pharma's inhalable liposomal formulation of tobramycin for the treatment of cystic fibrosis.
OctoPlus provides formulation development and clinical material manufacturing services to biotech and pharmaceutical companies worldwide. In addition, the company offers drug delivery technologies for the development of controlled release versions of existing or new drugs.
Axentis Pharma's core expertise is in combining a patented, liposome-based drug delivery system with established therapeutic agents. The company is using its Fluidosomes technology for the development of the inhalable liposomal formulation of tobramycin.