Eden Research license deal with TerpeneTech

Eden Research PLC has agreed a licensing deal with TerpeneTech Ltd granting exclusive use of its encapsulation technologies and other intellectual property for head lice treatments.

Eden Research has received a licensing fee for the deal as well as taking a 30% stake in TerpeneTech.

TerpeneTech are currently undertaking human field trials for a head lice product to counter lice and eggs using Eden Research's GO-E (TM) encapsulation system.

Eden Research have prior deals with Neo-Pharma Innovations and Phytalexin in this field.