3M Drug Delivery, Impel Form CNS Drug Pact

3M Drug Delivery Systems and Impel NeuroPharma Inc., a biopharmaceutical company, have formed a strategic alliance aimed at advancing Impel's Precision Olfactory Delivery (POD) technology for the central nervous system (CNS) delivery of drug products. The alliance with 3M will enable Impel to expedite the development and commercialization of the POD technology and accelerate Impel's internal pipeline into late-stage clinical trials and subsequent global regulatory submissions. As part of the deal, 3M and Impel will collaborate on programs directed to the continued development and commercialization of POD technology. The alliance will leverage 3M's experience with inhaled and nasal drug delivery devices. Other details of the transaction were not disclosed.

Impel's POD technology deposits drugs deep into the upper nasal cavity where it can achieve delivery into the brain and central nervous system. POD is a handheld, non-invasive means for delivering CNS therapeutics that can be self-administered by a patient, caregiver, physician, or family member.

Source: 3M Drug Delivery Systems

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