Merrion Pharmaceuticals plc Announces Commencement of Next Stage of Oral Drug Research Collaboration Programme With Novo Nordisk
"We are very pleased to be working on oral versions of Novo Nordisk's compounds. We believe there can be substantial benefit to patients in having oral formulations on these compounds available -- and our GIPET technology has shown the ability to significantly improve the oral delivery of these drugs," John Lynch, Merrion's CEO said.
In more than 20 clinical studies, GIPET technology has been shown to improve the oral absorption of a wide range of drugs, by between 500% and 1500%. Drugs studied ranged from small molecules to small proteins. Merrion currently has four products in development, as well as several collaboration agreements with pharmaceutical partners, using this technology.
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