Midatech Pharma - Q-Sphera partnership with Janssen expanded
Midatech Pharma (Midatech) has announced the extension of its Q-Sphera R&D collaboration deal with Janssen, its European partner since July 2020. The extension includes further optimisation (bio delivery) of Janssen’s experimental monoclonal antibody (mAb), which Midatech had successfully encapsulated using its Q-Sphera technology, as announced in June 2021. The company has an existing three-asset collaboration agreement with Janssen (to develop long-acting injectable versions of its undisclosed active pharmaceutical ingredients) and delivered proof-of-concept on two of the programmes in H221 (MTX214 and MTX216).Midatech Pharma is a holding company. Through its subsidiaries, Co. is engaged as a specialty pharmaceutical company focused on the development and commercialization of multiple therapeutic products, using its nanomedicine and sustained release technologies, to enhance the delivery of medicines in major diseases with high unmet medical needs. These diseases include diabetes, certain cancers such as liver, ovarian and brain (glioblastoma) and neurological/ophthalmologic conditions. Co.'s two platform technologies are designed to enable targeted delivery and sustained release of existing therapeutic drugs to the "right place" at the "right time."
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