North American Rights to NM133 Licensed
[13-Jan-2017] Nanomerics today announced that it has licensed the North American rights to NM133 for the treatment of dry eye to IACTA Pharmaceuticals.
Professor Andreas Schatzlein, CEO of Nanomerics, said, “Nanomerics believes IACTA is the ideal North American licensee for NM133. The need for better medicines remains undiminished and drugs need to be used to their full potential to deliver patient benefit. Nanomerics’ Molecular Envelope Technology (MET) is engineered at the nanoscale to efficiently deliver drugs for a variety of applications. NM133 is a product in which many of the MET attributes are being exploited to bring tangible benefits to those suffering from dry eye disease.”
Damon Burrows, Founder and CEO of IACTA Pharmaceuticals, said, “We are enthusiastic about partnering with Nanomerics and are grateful that they have placed their trust in us as their North American licensee. We strongly believe in the promise of MET technology for the treatment of a range of conditions including dry eye.” Read more...