RosVivo Therapeutics, Inc. signed a Material Transfer Agreement (MTA) for first-in-class diabetes treatment with Eli Lilly and Company

– RSVI-301, a new drug candidate adopting miRNA technology, enters the technology export process.

SEOUL, South Korea, Feb. 22, 2022 /PRNewswire/ — RosVivo Therapeutics, Inc. (hereinafter referred to as “RosVivo”) announced that it has signed a Material Transfer Agreement (MTA) with one of the largest global pharmaceutical companies Eli Lilly and Company (hereinafter referred to as “Eli Lilly”) for commercial development of diabetes and obesity treatments.

Material Transfer Agreement indicates a contract to deliver candidate substances to the other company for verifying the efficacy of the drug substances through experiments and sharing the research (experimental) results. MTA is considered as an initial step of processes towards technology export and license-out.

Conducting considerable experiments with animal models in previous, RosVivo has collected strong and compelling data for RSVI-301’s efficacy compared to GLP-1 receptor agonist. GLP-1 receptor agonist is currently known as a game-changer to treat diabetes and obesity in the market. Eli Lilly will review and acknowledge the animal experiment data and ensure the potential of RSVI-301 through this MTA.

RosVivo’s RSVI-301 pipeline is the world’s first in class new drug candidate that can fundamentally treat diabetes by restoring the function of beta cells that secrete insulin, the cause of diabetes, and at the same time lowering insulin resistance. Currently, diabetes is not fundamentally treated because diabetes drugs only temporarily lower blood sugar. In addition, RSVI-301 is considered an ideal next-generation new drug candidate for diabetes treatment with fewer side effects as it shows excellent therapeutic effects on obesity, fatty liver and digestive gastrointestinal disorders in animal testing.

An official from the RosVivo said, “The fact that it went through CDA with Eli Lilly, a global diabetes treatment company, proved the possibility of new drug candidates and we are also confident in licensing out.” He also mentioned as, “In addition to Eli Lilly, the RosVivo received attention for its candidates from other global pharmaceutical companies.”

Donate To The Indian Sun

Dear Reader,

The Indian Sun is an independent organisation committed to community journalism. We have, through the years, been able to reach a wide audience especially with the growth of social media, where we also have a strong presence. With platforms such as YouTube videos, we have been able to engage in different forms of storytelling. However, the past few years, like many media organisations around the world, it has not been an easy path. We have a greater challenge. We believe community journalism is very important for a multicultural country like Australia. We’re not able to do everything, but we aim for some of the most interesting stories and journalism of quality. We call upon readers like you to support us and make any contribution. Do make a DONATION NOW so we can continue with the volume and quality journalism that we are able to practice.

Thank you for your support.

Best wishes,
Team The Indian Sun