Another string to the bow in fight against COVID-19

15 May 2020
covid_big

Dublin, Ireland-based Exvastat has been awarded a 3.6 million-euro ($3.9 million) grant from the Innovative Medicines Initiative (IMI) to produce a reformulated version of Novartis’ (NOVN: VX) Gleevec (imatinib), marketed in Europe as Glivec.

The IMI is a European public-private initiative that is bringing together companies, academia, international organizations and public bodies to accelerate the development of therapeutics and diagnostics targeting COVID-19.

Using EU money complemented by investment from participating companies, the IMI is funding Exvastat to develop and test a new formulation of the drug in critically ill COVID-19 patients.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Company News Directory



Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Pharmaceutical