Privately-held Switzerland-headquartered Ferring Pharmaceuticals has signed an agreement with CTCBIO of Seoul, South Korea, to acquire rights to a novel oral drug delivery technology.
Ferring’s success in developing oral formulations for peptide drugs including the world’s first orally active peptide, desmopressin (Minirin) and the fast dissolving lyophilisate (Minirin Melt) is well known. CTCBIO is a growing specialist company that has developed successful manufacturing technologies for more than 30 different drugs, including treatments for dementia and asthma, the Swiss firm noted.
Terms of the collaboration
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