Monday, February 28, 2011

Zcube strikes deal with UCSF for microtechnology drug delivery

Zcube srl, a venture arm of Italian drug maker Zambon Co. SpA, will licensed UCSF-developed technology so it can find new ways to deliver oral medications directly to a target.
It is the first sponsored research agreement between Zcube and the University of California, San Francisco, though Zcube a year ago invested $1 million in Mission Bay Capital, a seed fund established by QB3 director Regis Kelly, venture capital guru Brook Byers and others.
Exact financial terms of the two-year exclusive, worldwide licensing deal were not disclosed. But UCSF could receive milestone payments and royalties.

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