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UMI3-Newsletter-2017-Single

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MAJOR UNIVERSITY LICENSING AND RESEARCH AGREEMENT WITH POTENTIAL TO SAVE MILLIONS OF LIVES Deal with Douglas Pharmaceuticals to develop new cervical cancer therapy UMIP HIGHLIGHTS The University, though UMI 3 Ltd, has signed a licensing and research agreement with Douglas Pharmaceuticals that could save the lives of millions of women around the world suffering from early stage cervical cancer. The deal initially sees New Zealand-based Douglas Pharmaceuticals sponsor research at the University to develop the cervical cancer treatment further. Then Douglas will manufacture the therapy and drive further development, clinical trials and commercialisation on an international basis, focusing initially on a multi-centre phase 2 clinical trial in the UK. Douglas is a family owned company headquartered in Auckland, New Zealand which is committed to improving health outcomes through price containment and accessibility to complex generic medicines developed in-house for international markets. A burgeoning interest in drug repurposing is evidenced in the current collaboration with the University. Douglas Managing Director, Jeff Douglas, said: "We are delighted in the collaboration with the University, in this promising treatment of early stage cervical cancer. We are confident in the research team which consists of Drs Ian and Lynne Hampson and Dr Pierre-Martin Hirsch, who is President Elect of the British Society of Colposcopy and Cervical Pathology and we look forward to progressing the Phase 2 trial with them."

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