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The research agreement provides for the exploration of the application of Celator's proprietary technology to an ongoing drug development and life-cycle management program at Cephalon. Terms and conditions of the research agreement are confidential.
Scott Jackson, CEO of Celator, said: "This agreement provides an opportunity to leverage the technology and expertise at Celator beyond our own pipeline. It is exciting to advance our capabilities with such a high caliber partner as well as through progress in our clinical programs.
"We believe our technology has the potential to improve clinical outcomes with a wide variety of cancer products and we continue to seek additional partners."
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