Xeris Pharmaceuticals has entered into a Feasibility Evaluation Agreement with Asahi Kasei Pharma Corporation (“AKP”).  AKP is a research-based pharmaceutical company specializing in the therapeutic areas of pain management, musculoskeletal disorders, and critical care medicine.  AKP is a wholly-owned subsidiary of Asahi Kasei Corporation, which is a shareholder of Xeris. 

The goal of the feasibility evaluation is to understand if a particular therapeutic from AKP’s product portfolio can be reformulated using Xeris’ XeriJect™ technology.  In particular, AKP and Xeris’ objective is to understand if the formulation can be converted from one that today is intravenously administered to a ready-to-use, room-temperature stable formulation with significantly lower injection volume for subcutaneous injection. 

“We look forward to the results of the feasibility study. If the XeriJect™ technology successfully reformulates our product as expected, it becomes more realistic to develop a new dosage form for a particular clinical use requiring low injection volume and immediate preparation which was impossible to realize with the current lyophilized form.” said Tomokazu Sugi, the senior general manager of Pharmaceuticals Research Center of AKP.