Activaero Cooperates with Bayer HealthCare in the Development of Inhaled Treatments
Bayer licenses rights to Activaero's pulmonary delivery platform
Dr. Gerhard Scheuch, Founder and CEO of Activaero commented: "This licensing deal represents a major milestone for Activaero and together with our scientific team, we look forward to supporting Bayer HealthCare throughout the upcoming development. We believe that pulmonary administration of drugs has a huge potential for the treatment of lung diseases and diseases which start in the lung. With this in mind, it will be exciting to develop innovative therapies with Bayer HealthCare, a world-wide leader in the pharmaceutical business for decades."
Activaero has been supported in the strategy, negotiation and process of this licensing transaction by Tytonis B.V.
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