October 22, 2013
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InnoCore, Allergan sign license, collaboration agreement

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InnoCore Pharmaceuticals has signed an exclusive license and collaboration agreement with Allergan, according to a news release.

Under the agreement, the companies will expand their existing collaboration and continue to develop long-acting ocular drug delivery products to treat ophthalmic diseases, the release said.

InnoCore will use its SynBiosys polymeric drug delivery platform to formulate Allergan’s proprietary drugs into pharmaceutical products that can provide sustained release for several months after a single ocular injection, according to the release.