Articles

V ClinBio forges clear path to FDA

Acquires equity stake in Cellix Bio and its Synergix drug delivery program; partners with Camargo
Written byLori Lesko
| 3 min read

PRINCETON, N.J.—Taking a giant step toward controlling its own destiny, biopharmaceutical V ClinBio Inc. has acquired a 49.98-percent equity stake in India-based Cellix Bio, a drug design and development company—and its vital Synergix drug delivery platform, which has the potential to shorten development times and reduce the risk of clinical failure.

V ClinBio has further paved its path to U.S. Food and Drug Administration (FDA) approval of its candidate drugs—CLX-106 for the treatment of relapsing-remitting multiple sclerosis (RRMS) and CLX-103 for treating ulcerative colitis—by entering into service agreements with Camargo Pharmaceutical Services LLC, based in Cincinnati, to provide end-to-end regulatory consulting and strategic development services. This includes pre-Investigational New Drug preparations through New Drug Applications submissions. V ClinBio plans to file with the FDA later this year.

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