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Mast Therapeutics (MSTX) Enters Supply Agreement with Royal Philips (PHG) Unit

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Mast Therapeutics Announces Agreement With Philips For Supply Of Adaptive Aerosol Delivery System For AIR001

October 17, 2016 8:00 AM EDT

SAN DIEGO, Oct. 17, 2016 /PRNewswire/ -- Mast Therapeutics, Inc. (NYSE MKT: MSTX) today announced that its wholly-owned subsidiary, Aires Pharmaceuticals, Inc., has entered into a collaborative agreement with Philips Respironics, Inc., the sleep and respiratory care business of Royal Philips (NYSE: PHG, AEX: PHIA) related to the supply of Philips' I-neb® Adaptive Aersol Delivery (AAD) devices and related consumables for the nebulized delivery of the Company's lead product candidate, AIR001, a... More