Medincell : Signature of a partnership with Abbvie
>Payments that could reach over $ 1.9bn - Medincell announced yesterday that it had entered into a strategic co-development and licensing agreement with the US group AbbVie for the formulation and development of six candidate treatments. The French biotech Medincell will conduct formulation activities and preclinical studies following which AbbVie will finance and conduct the clinical development for each programme and will be responsible for regulatory approval, manu...Medincell SA. Medincell SA is a France-based manufacturer of biological products and pharmaceutical preparations. The Company is focused on the development of therapeutic solutions with worldwide access. The Company works on both for-profit and non-profit projects, in collaboration with partners ranging from pharmaceutical corporations to physicians, from biotechnology firms to academics and foundations. Its range of products consists of three products in development phase: mdc-IRM, a subcutaneous injection in phase III clinical study for the treatment of schizophrenia; mdc-CWM, an intra-articular injection in phase II clinical study for the treatment of post-surgical pain and inflammation; mdc-TJK, a subcutaneous injection for the treatment of schizophrenia, as well as a number of other products that are in the research phase, such as mdc-WWM, which is a subcutaneous injection for contraception, and mdc-ELK, a subcutaneous injection for the treatment of depression, among others.
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