News

Grifols licenses Aradigm’s inhaled ciprofloxacin formulations

Grifols is paying $25 million upfront, plus up to $25 million in milestone payments to acquire a worldwide license for Aradigm’s Pulmaquin and Lipoquin inhaled ciprofloxacin formulations. Grifols will also pay tiered royalties on worldwide sales of products using the formulations and will be responsible for up to $65 million in expenses for Phase 3 . . . Read more

Malvern and Proveris team on spray characterization system

Malvern Instruments has announced that it will team up with Proveris Scientific Corporation on a nasal spray characterization system called Solo for Spraytec, which combines Proveris’s automated actuator and software for precise control of device actuation with Malvern’s Spraytec laser diffraction particle size analyzer. The FDA recommends laser diffraction for bioavailability/bioequivalence studies for nasal sprays, . . . Read more

Vectura announces reduced losses, new CFO

Inhaled drug developer Vectura has announced better than expected preliminary results for the year ending March 31, 2013, with the company’s loss before tax 21% lower than in 2011/12. The company also announced that Paul Oliver will replace Anne Hyland as CFO. Vectura CEO Chris Blackwell said, “The past year has been very significant for . . . Read more