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Polyrizon, NurExone team up for intranasal delivery of spinal cord injury therapy [Seeking Alpha]

Medigus Ltd. - American Depositary Shares (MDGS) 
Company Research Source: Seeking Alpha
Polyrizon, NurExone team up for intranasal delivery of spinal cord injury therapyJul. 18, 2022 9:09 AM ETMedigus Ltd. (MDGS)By:RavikashSA News EditormediaphotosIsraeli biotech Polyrizon iscollaboratingUnder the agreement, Polyrizon â?? in which Medigus (NASDAQ:analytical development and produce technical batches of a intranasal delivery system.Medigus said the the intranasal system is being designed for efficient delivery of Nurexone's ExoTherapy to patients with traumatic SCI and may also be relevant to other uses through intranasal exosome delivery.Medigus noted that NurExone develops proprietary exosomes (a nano scale extracellular vesicle) as biologically-guided nanocarriers, called ExoTherapy, to deliver specialized molecules to targeted areas.NurExone will cover the costs of ~$220K of developing the formulation in three installments, upon development success and expects to carry out a biological efficacy study of the intranasal system within three quarters.NurExone will also pay Show less Read more
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