SIPNOSE CRIBRIFORM TARGETED DEVICE

Noveome Biotherapeutics, Inc. and SipNose, Ltd. Announce Commercial License Agreement for SipNose Cribriform Targeted Device

Retrieved on: 
Tuesday, June 1, 2021

Noveome Biotherapeutics, Inc. , Pittsburgh, PA, and SipNose, Ltd., Yokneam, Israel, announced today that they have entered into a Commercial License Agreement (Agreement) for Noveomes use of SipNoses proprietary intranasal Cribriform Targeted Device (CT6) to deliver Noveomes first-of-its-kind biologic, ST266, to the central nervous system (CNS).

Key Points: 
  • Noveome Biotherapeutics, Inc. , Pittsburgh, PA, and SipNose, Ltd., Yokneam, Israel, announced today that they have entered into a Commercial License Agreement (Agreement) for Noveomes use of SipNoses proprietary intranasal Cribriform Targeted Device (CT6) to deliver Noveomes first-of-its-kind biologic, ST266, to the central nervous system (CNS).
  • Noveome and SipNose have established a great working relationship which has enabled a successful collaboration, said William J.
  • Noveome recently closed enrollment and completed the treatment phase of its Phase 1 safety study using the SipNose device to administer ST266 to Glaucoma Suspect patients.
  • Based in Israel, SipNose is a clinical stage nasal delivery company that has developed an innovative Cribriform Targeted Device for non-invasive delivery of pharmaceuticals.