Advertisement

BioArctic has, in collaboration with Eisai, identified a completely new biological target, which provides an opportunity to develop novel treatments for Alzheimer's disease. BioArctic will have exclusive rights to utilize the results from the collaboration to develop potential antibody treatments of Alzheimer's disease.

In 2015, BioArctic and Eisai entered into an equally owned collaboration to investigate new biological targets linked to Alzheimer's disease. During this research collaboration the companies have together made an important discovery which can be developed into a totally new principle for the treatment of Alzheimer's disease.

From this successful collaboration, the companies have agreed that BioArctic will hold all rights to use the project results for the development of antibody-based treatments, while Eisai will hold all the rights to use the project results for the development of treatments based on small molecules. The agreement with Eisai gives BioArctic a strategically important opportunity to use its established antibody technology to develop a totally new principle for the treatment of Alzheimer's disease.

BioArctic's goal is to develop new safe and efficacious disease modifying drugs for Alzheimer's disease with the aim of delaying the progression of the disease. No such drugs exist on the market today, a market with enormous unmet medical needs.

"BioArctic's portfolio will now be expanding with a new wholly owned project with a target aimed to develop innovative antibody-based disease modifying treatments for Alzheimer's disease," said Gunilla Osswald, CEO of BioArctic.

(Source: BioArctic)

Advertisement
Advertisement