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PolyPid Announces Exclusive Partnership with Azurity Pharmaceuticals for the Commercialization of D-PLEX₁₀₀ in the U.S. and Canada

PolyPid (PYPD)PolyPid2026-07-21 11:30 ESTPartnership

PolyPid to potentially receive over $320 million in upfront and milestone payments, including $30 million in upfront and near-term milestone payments, plus tiered royalties ranging from mid-teen to mid-twenties percentages Azurity, a private global pharmaceutical company, to commercialize D-PLEX

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PolyPid

Local Controlled-Release Therapeutics PolyPid develops long-acting medicines that release active drugs directly at a surgical or disease site. PLEX Technology The PLEX platform embeds drugs within a biodegradable polymer-lipid matrix to control local release over days or weeks. D-PLEX100 D-PLEX100 delivers doxycycline locally after...

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