
USA-based privately-held Capsugel and Pulmatrix (Nasdaq: PULM) have formed a collaboration to develop novel inhaled therapeutics to treat serious pulmonary diseases.
The agreement provides Capsugel with exclusive rights to manufacture clinical trial and commercial batches of iSPERSE-based inhaled therapeutic candidates being developed by Pulmatrix and its potential development partners. Capsugel will combine its spray drying process development, scale-up expertise and commercial manufacturing capabilities at its Bend Research facility in Bend, Ore. with Pulmatrix' iSPERSE (inhaled small particles easily respirable and emitted) technology. Financial terms were not disclosed.
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