EyeGate Pharmaceuticals Signs Technology Transfer and License Agreement with SentrX Animal Care
02 10월 2018 - 7:55PM
EyeGate Pharmaceuticals, Inc. (NASDAQ: EYEG) a clinical-stage,
specialty pharmaceutical company with two proprietary platform
technologies for treating diseases and disorders of the eye,
announced today the execution of a license agreement with SentrX™
Animal Care, Inc., a veterinary medical device company that
develops and manufactures veterinary wound care products. Under the
agreement, EyeGate will in-license the rights to trade-secrets and
know-how related to the manufacturing of EyeGate’s Ocular Bandage
Gel (OBG).
The agreement will enable EyeGate to pursue a different vendor
with a larger capacity for manufacturing and an FDA-inspected
facility for commercialization of a product for human use.
EyeGate’s OBG, a crosslinked modified hyaluronic acid eye drop is
currently being studied in human clinical trials for both
photorefractive keratectomy (PRK) and punctate epitheliopathies
(PE).
Brian Segebrecht, President and Chief Executive Officer of
SentrX, said, “We are pleased to have signed this agreement with
EyeGate. This strategic decision allows us to focus on
growing our core animal health business. We look forward to
providing support at all stages of the technology transfer to
ensure a seamless transition for EyeGate.”
Stephen From, President and Chief Executive Officer of EyeGate,
said, “We are excited to enter into this strategic agreement with
SentrX, which enables us to control our manufacturing decisions
going forward.” Stephen From continued, “We expect the technology
transfer, supported by SentrX, will ensure a successful transition
to another manufacturing vendor without production
interruption.”
About SentrX™ Animal Care,
Inc.SentrX is a veterinary medical device company that
develops and manufactures veterinary wound care and ophthalmic
products for companion animals. SentrX transforms complex
biotechnologies into easy-to-use care solutions that promote the
long-term well-being of animals.
SentrX was founded on technology from the University of Utah and
collaborates with a variety of veterinary academic institutions and
practicing veterinarians. The company’s unique combination of
medicinal chemistry, bioengineering, and product manufacturing
capabilities allow it to deliver cutting-edge animal care
solutions.
About EyeGateEyeGate is a clinical-stage
specialty pharmaceutical company focused on developing and
commercializing products using its two proprietary platform
technologies for treating diseases and disorders of the eye.
EyeGate’s OBG platform is based on a crosslinked thiolated
carboxymethyl hyaluronic acid (CMHA-S), a modified form of the
natural polymer hyaluronic acid, which is a gel that possesses
unique physical and chemical properties such as hydrating and
healing when applied to the ocular surface. The ability of CMHA-S
to adhere longer to the ocular surface, resist degradation and
protect the ocular surface makes it well-suited for treating
various ocular surface injuries including surgical trauma.
EGP-437, EyeGate’s other product in clinical trials,
incorporates a reformulated topically active corticosteroid,
Dexamethasone Phosphate that is delivered into the ocular tissues
through EyeGate’s proprietary innovative drug delivery system, the
EyeGate II Delivery System. For more information, please visit
www.EyeGatePharma.com.
EyeGate Social MediaEyeGate uses its website
(www.EyeGatePharma.com), Facebook page (https://www.facebook.com/
EyeGatePharma/), corporate Twitter account
(https://twitter.com/EyeGatePharma), and LinkedIn page
(https://www.linkedin.com/company/135892/) as channels of
distribution of information about EyeGate and its product
candidates. Such information may be deemed material information,
and EyeGate may use these channels to comply with its disclosure
obligations under Regulation FD. Therefore, investors should
monitor EyeGate’s website and its social media accounts in addition
to following its press releases, SEC filings, public conference
calls, and webcasts. The social media channels that EyeGate intends
to use as a means of disclosing the information described above may
be updated from time to time as listed on EyeGate’s investor
relations website.
Forward-Looking StatementsSome of the
statements in this press release are “forward-looking” and are made
pursuant to the safe harbor provision of the Private Securities
Litigation Reform Act of 1995. These “forward-looking” statements
include statements relating to, among other things, the
commercialization efforts and other regulatory or marketing
approval efforts pertaining to EyeGate’s products, including
EyeGate’s EGP-437 combination product and the EyeGate OBG product,
as well as the success thereof, with such approvals or success may
not be obtained or achieved on a timely basis or at all. These
statements involve risks and uncertainties that may cause results
to differ materially from the statements set forth in this press
release, including, among other things, certain risk factors
described under the heading “Risk Factors” contained in EyeGate’s
Annual Report on Form 10-K filed with the SEC on March 2, 2018 or
described in EyeGate’s other public filings. EyeGate’s results may
also be affected by factors of which EyeGate is not currently
aware. The forward-looking statements in this press release speak
only as of the date of this press release. EyeGate expressly
disclaims any obligation or undertaking to release publicly any
updates or revisions to such statements to reflect any change in
its expectations with regard thereto or any changes in the events,
conditions or circumstances on which any such statement is
based.
ContactJoseph Green / Andrew GibsonEdison
Advisors for EyeGate Pharmaceuticals646-653-7030 /
7719jgreen@edisongroup.com / agibson@edisongroup.com
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