Breaking News, Collaborations & Alliances

Isotechnika, Paladin Enter R&D Pact

Isotechnika entered a strategic investment and collaboration with Paladin Labs under which Paladin will provide Isotechnika with $7.0 million of cash upfront and $4.4 million in R&D funding during the next 12 months.

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Isotechnika entered a strategic investment and collaboration with Paladin Labs under which Paladin will provide Isotechnika with $7.0 million of cash upfront and $4.4 million in R&D funding during the next 12 months. Under the proposed plan, Isotechnika will own 81% of a new company, Isotechnika Pharma Inc., and Paladin will own 19%. Isotechnika will focus its efforts on finding partnerships for the clinical development of voclosporin in the transplant indication, and expects to have the ...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters