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Nanotechnology

Companies expand NanoCrystal technology license

Published in Drug Week, February 11th, 2005

Elan Corp., plc, announced a broad license agreement with Roche around Elan's proprietary NanoCrystal technology.

The agreement will provide Roche with access to NanoCrystal technology and the right to apply it to a number of proprietary drug candidates.

Elan will receive development milestones and royalties on sales of any product incorporating the use of NanoCrystal technology.

Paul Breen, executive vice president, global services & operations, Elan, said, "We are very pleased to broaden our license agreement with Roche. This agreement highlights the robustness of the technology and the interest of pharmaceutical companies to...

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