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2004 JUL 14 - (NewsRx.com & NewsRx.net) -- Merrion Pharmaceuticals, Inc., has entered the $25 billion oral drug-delivery market.
The company will develop its own products and seek collaboration and licensing opportunities with pharmaceutical and biotechnology partners. Merrion was founded by Growcorp, an Irish life sciences venture capital group, to enable the acquisition of a comprehensive portfolio of drug-delivery assets from Elan Corp., plc. Michael J. McKenna, PhD, an experienced biopharmaceutical executive, has been chosen as Merrion's CEO.
Merrion has acquired a wide range of oral-delivery systems for use as enabling technologies for biotechnology products and as life cycle management tools for the pharmaceutical industry. The company's technology platforms include: penetration enhancers that improve the absorption of oral drugs through the gastrointestinal tract; gastroretentive ...