Corporate News     06-Mar-18
Bal Pharma collaborates with Akaal Pharma, Australia
To develop novel veterinary therapeutics
Akaal Pharma, Melbourne, Australia and Bal Pharma announced a collaboration and the launch of Joint Venture Company 'AB VET Pharma' (AB VET). The new joint venture will be completely funded by Bal Pharma to develop Akaal Pharma's IP within the veterinary field.

The first veterinary indication will be against atopic dermatitis (AD) in dogs. Akaal's ABV-119 is the first of its kind oral drug candidate for the treatment of AD in dogs. ABV-119 is a multimodal therapy that includes anti-inflammatory/ immune modulatory and anti-itch effects. AB VET plans to begin clinical development in H1 2018.

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