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Mar 18, 2008

DiObex and Camurus Join Forces for Diabetes Treatment

  • DiObex will evaluate Camurus’ delivery technology for its diabetes-related drug. The license agreement will couple DIO-901, an extended-release formulation of low-dose glucagon for the prevention of insulin-induced hypoglycemia in diabetics, with FluidCrystal®, which has a nanoscale-matrice structure.

    DiObex reports that it has successfully completed three Phase I studies using low-dose glucagon infusions in type 1 diabetic patients. The DIO-901 FluidCrystal extended-release formulation is scheduled to enter clinical trials in the second half of this year.

    Terms of the agreement include a signing fee, development milestones, future royalties on product sales, and a share of any potential DiObex sublicensing revenues.



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