Report: Aposense close to deal

Molecular imaging and therapy developer Aposense reportedly is in negotiations with a large pharmaceuticals and medical devices company for the licensing of its molecular imaging device.

A report from the Globes news service in Israel stated that the agreement would be similar to the Petach-Tikva, Israel-based firm's pact with GlaxoSmithKline of Middlesex, U.K., which signed a development deal with Aposense to test the efficacy of cancer drugs.

Aposense has developed a molecule that targets cells undergoing the process of apoptosis, also known as programmed cell death.

Related Reading

Aposense completes IPO, June 9, 2010

IBA, Aposense join forces, September 22, 2009

Aposense reports positive SNM talk, June 23, 2009

Aposense teams with GlaxoSmithKline, June 8, 2009

Aposense begins trial, December 15, 2008

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