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Starpharma: Expands research program with Genentech

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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

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