Marinomed Biotech AG (VSE:MARI), an Austrian science-based biotech company with globally marketed therapeutics, today provided an update on the performance of Solv4U, a business area newly launched a year ago. Solv4U offers Marinosolv technology partnerships to clients, supporting them with formulation development to increase both solubility and bioavailability of hydrophobic small molecules and peptides in all stages of drug discovery and development. Partnerships typically start with a feasibility study, moving on to formulation development and optimization.
Within the first year after launching Solv4U, Marinomed performed several feasibility studies with first projects now entering the formulation development phase. So far, compounds from more than ten substance classes have already been successfully solubilized using the Marinosolv technology including corticosteroids and other immunosuppressive drugs, phytochemicals, and substances intended for use in infectiology, oncology, and central nervous system disorders.
The full press release is available as download here: