Now bankrupt, Zosano sells off its drug delivery tech that once enticed Novo Nordisk, Eli Lilly
Closing out the final chapter of its winding 16-year history, Zosano Pharma has sold all of its remaining assets — including the intradermal drug delivery system the company was built on.
Emergex Vaccines, an infectious disease player working out of Abingdon, UK, is getting it all: the microneedle array patch tech, intellectual property, license agreements as well as specialized manufacturing equipment. That includes everything from microneedle coating and reusable applicators to product packaging and formulation know-how.
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