Posted: 14 August 2024
IDT Australia Limited (ASX: IDT) (IDT or the Company) is pleased to announce that it has secured a follow-on contract with Sanofi Australia (Sanofi) worth between $2.5 million and $4 million for the preclinical formulation, development and manufacture of Sanofi’s messenger RNA (mRNA) technology for its translational clinical program.
The contract comes on the back of IDT being awarded a Master Service Agreement (MSA) with Sanofi, which was announced on 16 April 2024. The MSA provides flexibility for Sanofi to choose services from IDT and allows for follow-on work packages.