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OctoPlus N.V.

OctoPlus N.V.

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Publicatie datum 23 feb 2011 - 21:31
Statutaire naam OctoPlus N.V.
Titel OctoPlus expands development agreement with ESBATech on controlled release product for ophthalmic indications
Bericht OctoPlus N.V. (“OctoPlus” or the “Company”) (Euronext: OCTO) announces today that it has signed a contract with ESBATech, an Alcon Biomedical Research Unit, to develop a controlled release formulation for one of its proprietary biological compounds for ophthalmic applications. The project includes process development, scale-up and manufacturing for pre-clinical studies. Financial details are not disclosed, but the project will make a material contribution to our annual revenues in 2011. In addition to Locteron®, this programme will be part of our portfolio of projects utilising our proprietary technologies.