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    30 Technology's Clinically Validated Antimicrobial Nitric Oxide Platform Acquired by Convatec Group Plc for Several Applications

    Details:

    The divestment will allow 30 Technology to accelerate its ultra-broad spectrum NO-generation and rapidly advance its innovative and differentiated platform of NO-generating technologies, including RESP301, a NO-generating liquid designed to release NO in situ.


    Lead Product(s): RESP301

    Therapeutic Area: Genetic Disease Product Name: RESP301

    Highest Development Status: Phase IIProduct Type: Small molecule

    Recipient: 30 Technology

    Deal Size: $218.0 million Upfront Cash: $55.9 million

    Deal Type: Divestment April 19, 2023

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