Leading the Way in Life Science Technologies

GEN Exclusives

More »

GEN News Highlights

More »
Apr 23, 2014

Nuvo, Ferndale Collaborate to Develop Dermatology Products

  • Nuvo Research, a specialty pharmaceutical company with a portfolio of topical and immunology products, entered a collaboration involving Ferndale Laboratories and an undisclosed CRO with dermatology experience to develop two topical dermatology products based on Nuvo's Multiplexed Molecular Penetration Enhancer (MMPE™) technology.

    As part of the agreement, Nuvo will utilize its MMPE technology to formulate two topical dermatology product candidates. Once the formulations are complete, Ferndale in collaboration with the CRO will oversee and fund the formulations' advancement through Phase II clinical studies. The company anticipates that the product candidates will then be made available for out-licensing. Licensing revenues, including upfront payments, milestone payments, and royalties will be shared by the parties based on a formula that includes compensation to Nuvo for contributing the patented formulations.

    "This agreement validates our patented drug delivery platforms and highlights our ability to expand our development product pipeline through strategic collaborations with partners who will fund the costs of clinical development," said Dan Chicoine, Nuvo's Chairman and Co-CEO.

Related content

Be sure to take the GEN Poll

Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

More »