Starpharma: Expands research program with Genentech

Starpharma Expands research program with Genentech

  • Starpharma (SPL) expands its research agreement with Genentech for its drug delivery technology, DEP
  • The initial agreement was signed in December 2021 and involves Star pharma designing and synthesising dendrimer-based drug conjugates for Genentech to test and characterise
  • The expanded program includes additional drug conjugates with no changes to the original agreement terms
  • Throughout the partnership, the platform will receive research fees which are not expected to be material and there are also no material costs to Star pharma
  • SPL shares are down 5.56 per cent and trading at 68 cents at 12:28 pm AEST
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Mastercard Launches BIN Sponsorship Programme for UK Fintechs

New initiative aims to support fintech innovation in the UK market.Highlights: Mastercard unveils BIN sponsorship programme for UK...

UAE Central Bank Trials Palm Payments, Amazon Abandons Technology

UAE's innovative palm payment trials contrast with Amazon's decision to discontinue similar tech.Highlights: UAE Central Bank begins trials...

Checkout.com Acquires Euro Stablecoin Issuer Blue for Expansion

The acquisition strengthens Checkout.com’s capabilities in the stablecoin market.Highlights: Checkout.com has acquired Blue, a euro stablecoin issuer.The acquisition...

Ex-Revolut Staffers Secure $6M for Self-Custodial Money App

Former team members aim to reshape financial independence with new app.Highlights: Ex-Revolut staffers raise $6M in funding.New app...