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Convoy Therapeutics Granted Patent for Proprietary SPACE Technology
Date:9/25/2013

l stages of formulation to optimize long-term stability for scale up and completion of non-clinical toxicology. With written confirmation from the FDA that the 505(b)(2) pathway is appropriate for this product, the company anticipates a market launch in Q3, 2016.

The Convoy delivery platform represents a major leap forward in the topical delivery of active compounds. Convoy’s platform can potentially be used in dermatological products for the treatment of skin cancers, skin care and cosmetics, cosmeceuticals, and the reformulation of existing molecules for better penetration and retention in the skin.

Convoy Therapeutics is a subsidiary of the ACTUS Biotechnologies accelerator, an organization dedicated to accelerating innovative novel technologies to commercialization. The company was founded in 2011 based upon technology originally developed by Dr. Samir Mitragotri and his laboratory at the University of California Santa Barbara. More information can be found at http://www.convoytx.com. Information about ACTUS Biotechnologies can be found at http://www.actusbiotech.com.

Read the full story at http://www.prweb.com/releases/2013/9/prweb11156464.htm.


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