Starpharma (ASX:SPL) - CEO, Jackie Fairley
CEO, Jackie Fairley
Source: Starpharma
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Starpharma (SPL) signs an exploratory Dendrimer Drug Delivery (DEP) research agreement with US Biopharma company, Genentech
  • Genetech has an initial focus on evaluating DEP, dendrimer-based drug conjugates
  • Starpharma’s dendrimer-based drug delivery is being used to improve pharmaceuticals, reduce toxicities and enhance their performance
  • The company also has a number of existing DEP partnerships including AstraZeneca, Merck & Co and Chase Sun
  • Company shares are up 5.7 per cent at $1.21 at 10:40 am AEDT

Starpharma (SPL) has signed an exploratory Dendrimer Drug Delivery (DEP) research agreement with US Biopharma company, Genentech.

Genentech is a member of the Roche Group with an initial focus on evaluating DEP, dendrimer-based drug conjugates.

Starpharma’s dendrimer-based drug delivery is being used to improve pharmaceuticals, reduce toxicities and enhance their performance.

The company says the DEP platform has also shown reproducible advantages across a wide range of drug classes and can be utilised with both small molecule drugs, peptides and proteins.

Starpharma also has a number of existing DEP partnerships with leading international pharmaceutical companies for a variety of applications and diseases.

These companies include AstraZeneca, Merck & Co, Chase Sun and other disclosed partnerships.

Starpharma’s DEP technology has already yielded four clinical-stage products.

Company shares are up 5.7 per cent at $1.21 at 10:40 am AEDT.

SPL by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX flatlines as Financials flourish and Utilities flounder

The ASX200 closed trading relatively flat. The financials sector gained the most, up 0.35 of a…

Aus inflation read of 3.6% spooks ASX – before quickly returning to green

Australian inflation has come in mixed with an increase of 1% in the March quarter, but…