Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wordpress-seo domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /var/www/html/wp-includes/functions.php on line 6260 Althea Acquires Altus Pharmaceuticals | Contract Pharma

What are you searching for?

Sign in
Breaking News

Althea Acquires Altus Pharmaceuticals

Althea Technologies, Inc. has acquired the assets and portfolio of Altus Pharmaceuticals.

Author Image

By: Tim Wright

Editor-in-Chief, Contract Pharma

Althea Technologies, Inc. has acquired the assets and portfolio of Altus Pharmaceuticals. Altus’ portfolio includes its Cross Linked Enzyme Crystal (CLEC) and controlled release injectable technologies for applications ranging from therapeutics to protein purification and catalysis. The controlled release injectable technology involves protein crystallization and complexation using customized manufacturing equipment installed at Althea.

Additional assets include a portfolio of product candidates including a seven day controlled release growth hormone injectable currently in Phase II trials. Althea manufactures the clinical supplies for this product candidate andAltheaplans to enter into licensing agreeements for these product candidates.

“We are delighted to acquire this portfolio of technologies which complements our core expertise in protein formulation and will bring added value to our customers’ projects,” commented Dr. Shabbir Anik, chief executive officer of Althea Technologies. “We expect multiple applications for a broad range of proteins, peptides and vaccines addressing the need for controlled release, high concentration formulations, and stability.”

Add us as a preferred source on Google

Get the latest Contract Pharma news, insights and analysis in your Google Search and AI experiences.

Add Contract Pharma as a preferred source on Google (opens in a new tab)

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters