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OctoPlus signs pact with ESBATech

OctoPlus has entered into an agreement with an Alcon Biomedical Research Unit, ESBATech for the development of a controlled release formulation for one of its proprietary biological compounds for ophthalmic applications.

The agreement includes process development, scale-up and manufacturing for pre-clinical studies.

OctoPlus evaluated the feasibility of a controlled release formulation that combines a proprietary eye care ingredient of ESBATech with PolyActive.

OctoPlus CEO Jan Egberts said he is delighted to see the success of the technology further validated in a product from ESBATech.

"In addition to Locteron, this programme is now next in line in the commercialisation of the PolyActive controlled release technology," Egberts said.