Jerusalem-based BioLineRx has signed a worldwide, exclusive licence agreement with Ramot, the technology transfer arm of Tel Aviv University, in order to gain access to the early-stage compound BL-7050, an orally available molecule for neuropathic and inflammatory pain. Financial terms were not disclosed.
BL-7050 is a new chemical entity based on the molecular structure of the non-steroidal anti-inflammatory diclofenac (Voltaren), which is widely...
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