Halozyme earns milestone from Roche
The USA's Halozyme Therapeutics says Swiss drug major Roche has dosed the first patient in a Phase I pharmacokinetic clinical trial with a subcutaneous formulation using Enhanze Technology of a biologic directed to a second Roche exclusive target. This has triggered a milestone payment under their existing agreement.
"This is the second trial initiated by Roche within a short timeframe and illustrates the rapid and efficient approach Roche is taking to develop different biologicals simultaneously with Enhanze Technology," said Jonathan Lim, Halozyme's chief executive.
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