Edge Therapeutics And SurModics Collaborate To Develop A Drug Delivery Technology
Edge Therapeutics, Inc. has announced that it has entered into a feasibility agreement with SurModics, Inc. According to the agreement, SurModics will develop a novel biodegradable, site-specific, sustained-release formulation (NimoGel™, EG-1961) for treatment of delayed complications of ruptured brain aneurysms or traumatic brain injury (TBI). NimoGel, Edge’s lead drug, is a combination of the FDA-approved drug nimodipine, a calcium channel blocker, and a proprietary biodegradable delivery system.
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