France-based Flamel Technologies and Merck Serono have shook hands
on a new €2m ($2.9m) deal which would see Flamel's Medusa
technology used to develop an extended-release profile of an
undisclosed therapeutic protein.
As it prepares for the launch of GlaxoSmithKline's beta-blocker
Coreg (carvedilol) with a controlled release formulation, drug
delivery company Flamel saw its bottom line, in the absence of new
partners, shift deep into the red...
A $30.1m drop in licence and research revenue and the expensive
removal by rebel shareholders of its former CEO Gerard Soula last
June have taken drug delivery company Flamel from a net profit of
$12.5m (€10.3m) in 2004 to a net loss...
News that B-MS has dropped out of an agreement to develop Basulin,
an improved formulation of insulin which was the subject of a $165
million deal - including $20 million upfront - between the two
companies last year.
French drug delivery firm Flamel Technologies has received a $5
million milestone payment from Bristol-Myers Squibb, which acquired
rights to Flamel's formulation of long-acting human insulin in
August last year.
GlaxoSmithKline has entered into a new drug formulation agreement
with Flamel Technologies of France that could see the latter firm
receive up to $45 million (€41.3m) in licensing fees and milestone