Paras use Novozymes’ osteoporosis treatment technology Veltis

Paras to use Novozymes’ osteoporosis treatment technology Veltis

11:51 AM, 26th November 2015
Paras to use Novozymes’ osteoporosis treatment technology Veltis

OULU, FINLAND: Paras Biopharmaceuticals Finland Oy said that it has collaborated with Novozymes A/S to use the latter’s Veltis technology to develop a ‘once-a-week’ biobetter of Teriparatide, an improved version of an osteoporosis treatment.

Paras Biopharmaceuticals’ production technology platform for the biosimilar of Recombinant Teriparatide (Forteo Biosimilar) along with Veltis technology will offer new solutions offering the potential for enhanced patient adherence and improved therapeutic impact, the company said.

“Collective strengths of Paras Biopharmaceuticals’ and Novozymes’ technical expertise will bring solutions and treatment options for further convenience of osteoporosis patients,” said Dr Hans Soderlund, director, global strategic alliance, Paras Biopharmaceuticals.

“Novozymes’ Veltis technology and Paras Biopharmaceuticals’ Diabrid NobleCleav technology will create a superior osteoporosis medicine,” said Dr Ashesh Kumar, director, biologics and licensing, Paras Biopharmaceuticals.

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