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Sky''s the limit for SkyePharma. (Drug Delivery).

Publication: Chemistry and Industry
Publication Date: 07-JUL-03
Format: Online - approximately 611 words
Delivery: Immediate Online Access

Article Excerpt
London-based SkyePharma (Skye) has acquired several drug-delivery technologies, starting with its founding Geomatrix technology. Rather than concentrate on drug discovery, it develops existing drugs using its delivery technologies. Unusually. the company can develop drugs through to regulatory approval and make them on a reasonable scale.

Unlike drug-discovery start-ups that have to wait years before seeing any appreciable income from their products. Skye has guaranteed revenue through contract work for big pharma companies. For example. Skye produced a one per day, controlled-release version of GlaxoSmithKline's [pounds sterling]2bn/year antidepressant, Paxil, This gave...

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