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Product Licensing

MNLpharma announces license agreement with Avexa to develop compounds to treat HIV/AIDS

Published in Vaccine Weekly, March 22nd, 2006

MNLpharma Ltd and Avexa Ltd, Melbourne announced an exclusive license for Avexa to develop and commercialize a number of HIV Integrase Inhibitors identified from MNLpharma's Phytopure library.

Under the terms of the agreement, Avexa will fund the optimization, preclinical and clinical development, and commercialization of any resulting products. MNLpharma will receive milestone payments and royalties. The financial terms were undisclosed.

This agreement follows an initial collaboration between the two companies in 2004, during which the HIV Integrase inhibitors were discovered in MNLpharma's Phytopure library.

Avexa has built...

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