{"id":4636,"date":"2024-04-17T23:16:47","date_gmt":"2024-04-17T15:16:47","guid":{"rendered":"https:\/\/flcube.com\/?p=4636"},"modified":"2024-10-13T19:55:24","modified_gmt":"2024-10-13T11:55:24","slug":"abbvie-partners-with-medincell-for-development-of-long-acting-injectable-therapies","status":"publish","type":"post","link":"https:\/\/flcube.com\/?p=4636","title":{"rendered":"AbbVie Partners with Medincell for Development of Long-Acting Injectable Therapies"},"content":{"rendered":"\n

AbbVie (NYSE: ABBV), a research-based global biopharmaceutical company, has entered into a partnership with France-based biopharmaceutical firm Medincell (EPA: MEDCL<\/a>) to develop up to six long-acting injectable treatments across multiple therapeutic areas. As per the agreement, Medincell will receive an upfront payment of USD 35 million, with the potential for up to USD 1.9 billion in milestone payments and sales royalties.<\/p>\n\n\n\n

Medincell will be responsible for the pre-clinical development of these innovative treatments, after which AbbVie will take responsibility for financing and conducting clinical trials, regulatory approvals, manufacturing, and commercialization.<\/p>\n\n\n\n

Medincell’s proprietary technology enables controlled drug delivery for up to several months through an injectable millimetric deposit. This technology is utilized in Uzedy (risperidone), Medincell’s first product approved in the United States, AbbVie’s home market. – Flcube.com<\/a><\/p>\n\n\n\n

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AbbVie (NYSE: ABBV), a research-based global biopharmaceutical company, has entered into a partnership with France-based…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAownpewDA:productID":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[7,10],"tags":[234,1003,1002,853],"class_list":["post-4636","post","type-post","status-publish","format-standard","hentry","category-company","category-deals","tag-abbvie","tag-epa-medcl","tag-medincell","tag-nyse-abbv"],"yoast_head":"\nAbbVie Partners with Medincell for Development of Long-Acting Injectable Therapies - Insight, China's Pharmaceutical Industry<\/title>\n<meta name=\"description\" content=\"AbbVie (NYSE: ABBV), a research-based global biopharmaceutical company, has entered into a partnership with France-based biopharmaceutical firm Medincell (EPA: MEDCL) to develop up to six long-acting injectable treatments across multiple therapeutic areas.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/flcube.com\/?p=4636\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AbbVie Partners with Medincell for Development of Long-Acting Injectable Therapies\" \/>\n<meta property=\"og:description\" content=\"Navigate the complexities of China\u2019s pharmaceutical industry with precision and clarity. 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