Stans, Switzerland, February 17, 2014 - THERAMetrics has made significant progress since the global partnering process was initiated a few months ago for a series of key molecules with secured intellectual property and Orphan Drug Designation. These projects include pediatric and adult respiratory indications, infectious diseases and hyperproliferative disorders.
Currently more than 40 companies across global markets are reviewing confidential information and some interested parties have already entered the negotiation phase. In this dynamic process THERAMetrics continues to recruit potential partners in Europe, the Middle East, USA and ASIA and is confident to finalize development and licensing agreements with partners within 3-6 months.
The business model accepted by companies entering the evaluation phase involves funding phase III development in exchange for commercial rights in their respective territories post-approval.
THERAMetrics has also approached a series of patient advocacy groups, private foundations, and governmental funding agencies and expects considerable project sponsorship to occur.
About THERAMetricsTHERAMetrics holding AG is a tech-based Contract Research & Development Organisation dedicated to provide a full range of technological solutions through the entire value chain of drug discovery and development. The company, listed at the SIX Swiss Exchange (TMX) and located in Stans (Switzerland).
For further information please contact:
THERAMetrics holding AG
Investor and External Relations
Tel.: +41 79 285 37 81
[email protected]
www.therametrics.com
Disclaimer
This communication expressly or implicitly contains certain forward-looking statements concerning THERAMetrics holding AG and its business. Such statements involve certain known and unknown risks, uncertainties and other factors, which could cause the actual results, financial condition, performance or achievements of THERAMetrics holding AG to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. THERAMetrics holding AG is providing this communication as of this date and does not undertake to update any forward-looking statements contained herein as a result of new information, future events or otherwise.