Contact Information: Contact: Ralph Barry Chief Business Officer Aegis Therapeutics LLC 1-858-618-1400 Ext. 102 Email:
Aegis Therapeutics and Roche Enter Into a License Agreement for ProTek(R) Stabilization
| Source: Aegis Therapeutics LLC
SAN DIEGO, CA--(Marketwire - December 1, 2009) - Aegis Therapeutics LLC (Aegis) announced
today that they have signed a License Agreement providing Roche access to
Aegis' proprietary ProTek® stabilization technology. The ProTek®
technology covers the use of specific excipients as stabilizers in certain
manufacturing processes and formulations of protein-based therapeutics.
Under the terms of the agreement, Aegis will receive undisclosed up-front
licensing fees and individual product-related event and royalty payments.
Edward T. Maggio, PhD, Chief Executive Officer of Aegis, said, "We are
pleased to be working with Roche, an innovative world leader in monoclonal
antibody and peptide based therapeutics. We view this agreement as a
significant validation of our proprietary ProTek® peptide and protein
stabilization technology."
About Aegis Therapeutics
Aegis Therapeutics LLC is a drug delivery technology company
commercializing its patented drug delivery and drug formulation
technologies through product-specific licenses. Our patented Intravail®
drug delivery technology enables the non-invasive delivery of a broad range
of protein, peptide and non-peptide macromolecular and small molecule
therapeutics via the intranasal administration route with exceptionally
high and unmatched bioavailability that can currently only be achieved by
injection. Intravail® has also been successfully applied to buccal,
oral, and rectal administration of both small molecule and peptidic drugs.
Our patented ProTek® technology allows creation of proprietary, easily
manufacturable, and stable aqueous or lyophilized dosage forms that
maintain the integrity and physiological activity of many protein and
peptide therapeutics. ProTek® technology is applicable to injectable,
intranasal, and other dosage forms. For more information about Aegis,
please visit the Aegis website at: www.aegisthera.com.