Promore Pharma Adjusts Plans for PXL01 in North America
STOCKHOLM, SWEDEN, January 2, 2018 – Promore Pharma AB, a Swedish biopharmaceutical developer of therapeutic peptides, today announced that it will continue and widen its efforts to seek funding for a Phase III clinical trial on PXL01 in North America.Promore Pharma signed a co-development agreement with Cellastra Inc. (“Cellastra”) on 17 March 2017 regarding development and commercialization of PXL01 in North America. According to the agreement, Cellastra had an option to participate in the funding of the phase III clinical trial in patients undergoing tendon repair surgery. If