Soligenix, Inc. (SNGX) has signed a worldwide exclusive license to supply its ricin antigen to SERB Pharmaceuticals for development of a therapeutic treatment against ricin toxin poisoning. Soligenix noted that the antibodies will be generated using a modified form of its ricin toxin. The deal consist of a manufacturing supply agreement and small royalty percentage upon commercialization.
Anthony Higham, CEO of SERB Pharmaceuticals, said: "Our expertise in antibody development and the commercial scale manufacturing capabilities acquired with BTG together with SERB's track record of reliably providing a portfolio of high-quality Chemical, Biological, Radiological, and Nuclear antidotes, uniquely positions us to successfully deliver a solution."
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