Diamyd Medical orders additional Diamyd® drug substance from Protein Sciences
Diamyd Medical orders additional recombinant GAD-protein, the clinical grade drug substance which is the main component in the diabetes vaccine Diamyd® from its CRO, Protein Sciences Corporation, Connecticut. The order is placed to ensure access to drug substance for future clinical trials, possible early market launch and other opportunities. The order totals approximately USD 750,000 (approximately MSEK 6.1) for which Protein Sciences receives a cash installment and on delivery a payment either through Diamyd Medical series B shares or cash, as then decided by Diamyd Medical.“Diamyd® may