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BioTime and Processa to enter into a HyStem sublicense for drug delivery

Published 10/11/2017, 08:00 AM
© Reuters.  BioTime and Processa to enter into a HyStem sublicense for drug delivery
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  • BioTime (NYSEMKT:BTX) inks an agreement with Processa Pharmaceuticals to sublicense certain HyStem rights for the creation of a sustained-release delivery platform.
  • Adi Mohanty, Co-CEO of BioTime says, “This initiative will combine the expertise and experience of the Processa team with our HyStem platform, and together we hope to leverage the technology beyond the local delivery programs we are pursuing at BioTime.”
  • HyStem technology includes a family of unique, biocompatible hydrogels designed to effectively deliver cells or bioactive compositions for therapeutic benefit.
  • Now read: BioTime (BTX) Presents At Ladenburg Thalmann 2017 Healthcare Conference - Slideshow


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