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Home > News > Sosei buys Activus Pharma and drug delivery technology

June 29th, 2010

Sosei buys Activus Pharma and drug delivery technology

Abstract:
Sosei has revealed its intention to acquire Activus Pharma in a deal which allows the Japan-based firm to get their hands on Activus' nanoparticle drug formulation tools, a technology that's in its infancy but holds great potential.

According to market research firm Cientifica, the market for nanotechnology-enabled drug delivery will rise to $26bn by 2012 from its current size of $3.4bn, representing a compound annual growth rate of 37 per cent.

The firm also predict the market could steeply rise after 2012, reaching potentially $220bn by 2015 for these nano-enabled compounds.

Source:
in-pharmatechnologist.com

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