A new agreement to extend a two-year-long strategic collaboration that yielded a promising new modality for the treatment of rheumatoid arthritis (RA) was announced by Anika Therapeutics, Inc., and the Institute for Applied Life Sciences at the University of Massachusetts (UMass) Amherst. In the next phase of this collaboration, Anika and UMass will focus on research to optimize the drug delivery system with the goal of advancing a novel therapeutic candidate into clinical trials to support regulatory submission.