PERTH, AUSTRALIA – 9 December 2019: SUDA Pharmaceuticals Ltd (ASX:SUD), a leader in oromucosal drug delivery, is pleased to announce that it has entered into a feasibility agreement with SANOFI-AVENTIS GROUPE (SANOFI) to investigate the feasibility of SUDA’s OroMist Technology and SANOFI selected active ingredient
The agreement is for SUDA to carry out a fully-funded feasibility study that will terminate on March 30th, 2021. As a feasibility study, this study is not intended to generate significant revenue.
Based on the outcomes of this feasibility study, SANOFI and SUDA may enter into further collaboration.
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