Southwest Research Institute (SwRI) revealed on Thursday the launch of an exclusive licence agreement for its drug delivery system with MBF Therapeutics (MBFT).

The company has out licensed its patented calcium phosphate nanoparticle delivery system to develop its advanced immunotherapeutic treatments for canine melanoma MBF Therapeutics (MBFT).

Additionally, SwRI holds two US patents for its calcium phosphate nanoparticle (CaPNP) drug delivery system. The non-toxic, biocompatible drug delivery vehicle safely dissolves under specific conditions.

In conjunction with the agreement, MBFT will conduct clinical trials of an advanced immunotherapeutic vaccine to prevent and treat cancer in dogs and eventually other companion animals and livestock. MBF Therapeutics currently plans to incorporate SwRI's technology to develop vaccines for canine cancer therapeutics.

According to the company, more than 100,000 dogs are affected by canine melanoma every year.