OctoPlus, Ferring strike drug manufacturing deal
European drug provider OctoPlus has signed a formulation development and manufacturing contract with Ferring Pharmaceuticals.
OctoPlus will provide both formulation development and clinical material manufacturing services to biotech and pharmaceutical companies across the globe.
The undisclosed contract value is expected to make a material contribution to OctoPlus' 2012 revenues.
Financial details on the compound and activities have not been disclosed.
OctoPlus is focused on the development and manufacture of improved injectable pharmaceuticals, long-acting, controlled release versions of known protein therapeutics, peptides and small molecules.
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