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BRIEF-Arch Biopartners Enters Into Worldwide License Agreement With Telara Pharma To Re-Purpose Cilastatin For Treatment & Prevention Of Acute Kidney Injury

Published 2021-04-15, 07:34 a/m
Updated 2021-04-15, 07:36 a/m
© Reuters.

April 15 (Reuters) - Arch Biopartners Inc ARCH.V :

* ARCH BIOPARTNERS ENTERS INTO WORLDWIDE LICENSE AGREEMENT WITH TELARA PHARMA TO RE-PURPOSE CILASTATIN FOR TREATMENT & PREVENTION OF ACUTE KIDNEY INJURY

* ARCH BIOPARTNERS INC - WITH LICENSE, ARCH SECURES COMMERCIAL RIGHTS TO PATENTS AROUND USE OF CILASTATIN THAT IT DOES NOT ALREADY OWN

* ARCH BIOPARTNERS INC - PATENTS HELD BY ARCH AND TELARA ARE NOW UNIFIED INTO ONE CLINICAL DEVELOPMENT PROGRAM TO BE LED BY ARCH

* ARCH BIOPARTNERS INC - NEW LICENSE FURTHER ADDS TO ARCH PIPELINE OF DPEP-1 TARGETING AGENTS

* ARCH BIOPARTNERS INC - TELARA WILL PROVIDE PHASE I SAFETY DATA & NEWLY ESTABLISHED CILASTATIN DRUG MANUFACTURING PROGRAM

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