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1spatial Holdings Share News (SPA)
Share News for 1spatial Holdings (SPA)
| Share Price: 8.375 | Bid: 8.00 | Ask: 8.25 | Change: 0.25 (+3.08%) |  | ||||||
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SR Pharma to get 1.5 mln usd milestone payment as blindness drug trial starts
Mon, 5th Feb 2007 08:52
LONDON (AFX) - Biopharmaceutical company SR Pharma PLC said it will get a 1.5 mln usd mileston
This comes on top of a 2 mln usd milestone received in 2006.
The drug, known as RTP-801i, is licensed from SR Pharma subsidiary Atugen AG and is used in the treatment of Age-related Macular Degeneration.
The company said this Phase I study is being funded by Pfizer Inc, which in-licensed RTP-801i, and is being carried out by Quark Biotech Inc.
newsdesk@afxnews.com
rda/jag
COPYRIGHT
Copyright AFX News Limited 2006. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
LONDON (AFX) - Biopharmaceutical company SR Pharma PLC said it will get a 1.5 mln usd mileston
e payment to mark the start of a clinical trial on a drug that treats age-related blindness.
This comes on top of a 2 mln usd milestone received in 2006.
The drug, known as RTP-801i, is licensed from SR Pharma subsidiary Atugen AG and is used in the treatment of Age-related Macular Degeneration.
The company said this Phase I study is being funded by Pfizer Inc, which in-licensed RTP-801i, and is being carried out by Quark Biotech Inc.
newsdesk@afxnews.com
rda/jag
COPYRIGHT
Copyright AFX News Limited 2006. All rights reserved.
The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
AFX News and AFX Financial News Logo are registered trademarks of AFX News Limited
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SR Pharma to get 1.5 mln usd milestone payment as blindness drug trial starts
LONDON (AFX) - Biopharmaceutical company SR Pharma PLC said it will get a 1.5 mln usd milestone payment to mark the start of a clinical trial on[5 Feb '07]
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