Collaboration Agreement for Meltums™ Pharma Development
Posted on: Thursday, July 02, 2009Meldex is pleased to announce that it has, today, entered into a collaboration agreement with a major UK University to develop proof of principle oral dose product samples, employing its Meltums™ technology. The agreement will run for twelve months. If the development is successful then it is intended that the parties will enter into agreements to scale up, manufacture, and commercially exploit the products.
During the term of the agreement the Company will receive payments to cover its materials and direct staff costs.
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