Double Bond Pharmaceutical and the Biochemistry cluster SCAMT of ITMO University (St Petersburg, Russian Federation) have signed an agreement of scientific and technical partnership.
“Reverse Innovation is an important part of our business strategy and competitive advantage – comments Igor Lokot, CEO – We are happy to broaden our partnership network with another experienced team for the efficient development of both novel and ongoing projects”.
More about the Biochemistry cluster SCAMT of ITMO University
This information is information that Double Bond Pharmaceutical International AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 23 of August 2018.
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DBP is a pharmaceutical company with the primary focus on development of therapies against cancer based on the company’s own developed drug delivery technology BeloGal®. The company was granted Orphan Drug Designation status by European Medicines Agency (EMA) in June 2015 for its first product, SA-033, for treatment of hepatoblastoma. Double Bond Pharmaceutical acquired rights to Temodex, a drug registered in Belarus for treatment of brain tumours, in October 2015, and was granted Orphan Drug Designation status by EMA for in July 2016 for this formulation of temozolomide for the treatment of glioma. The formulation is now being further developed for registration in EU and globally and has a working name SI-053 in DBP pipeline.