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Starpharma (ASX:SPL) signs DEP research agreement with US Biopharma Co

ASX News, Health Care
ASX:SPL      MCAP $51.50M
07 December 2021 11:30 (AEST)
Starpharma (ASX:SPL) - CEO, Jackie Fairley

Source: Starpharma

Starpharma (SPL) has signed an exploratory Dendrimer Drug Delivery (DEP) research agreement with US Biopharma company, Genentech.

Genentech is a member of the Roche Group with an initial focus on evaluating DEP, dendrimer-based drug conjugates.

Starpharma’s dendrimer-based drug delivery is being used to improve pharmaceuticals, reduce toxicities and enhance their performance.

The company says the DEP platform has also shown reproducible advantages across a wide range of drug classes and can be utilised with both small molecule drugs, peptides and proteins.

Starpharma also has a number of existing DEP partnerships with leading international pharmaceutical companies for a variety of applications and diseases.

These companies include AstraZeneca, Merck & Co, Chase Sun and other disclosed partnerships.

Starpharma’s DEP technology has already yielded four clinical-stage products.

Company shares are up 5.7 per cent at $1.21 at 10:40 am AEDT.

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