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AbCellera and RQ Bio Partner to Accelerate the Advancement of New Therapies for Infectious Disease |
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VANCOUVER, British Columbia & LONDON, March 22, 2023 – AbCellera (Nasdaq: ABCL) and RQ Bio announced today that they have entered into a strategic collaboration to identify optimal clinical candidates for up to three infectious disease targets selected by RQ Bio, including influenza and cytomegalovirus (CMV). The partnership aims to provide long-lasting infectious diseases medicines to high-risk patients by bringing together RQ Bio’s expertise in infectious disease and viral evolution with AbCellera’s discovery engine for finding rare, highly potent antibodies.
“We believe antibody therapies have an important role to play in protecting the most clinically at-risk populations from infectious diseases,” said Carl Hansen, Ph.D., founder and CEO of AbCellera. “AbCellera’s discovery engine complements RQ Bio’s capabilities and provides a technology advantage that we believe will help bring new infectious disease medicines to patients faster.”
“Both RQ Bio and AbCellera have proven track records in developing infectious disease medicines that have a rapid impact on vulnerable patients,” said Hugo Fry, CEO of RQ Bio. “We look forward to working with AbCellera to quickly advance our pipeline of infectious disease medicines for people who are at risk of severe disease or death from viral infections.”
Under the terms of the agreement, RQ Bio has the right to develop and commercialize therapeutic antibodies resulting from the collaboration. AbCellera will receive research payments and is eligible to receive downstream clinical and regulatory milestone payments and royalties on net sales of products.
About AbCellera Biologics Inc.
AbCellera is breaking the barriers of conventional antibody drug discovery to bring better medicines to patients, sooner. AbCellera’s engine integrates expert teams, technology, and facilities with the data science and automation needed to propel antibody-based medicines from target to clinic in nearly every therapeutic area with unprecedented precision and speed. AbCellera provides innovative biotechs and leading pharmaceutical companies with a competitive advantage that empowers them to move quickly, reduce cost, and tackle the toughest problems in drug development. For more information, please visit www.abcellera.com.
About RQ Bio
RQ Bio’s mission is to develop medicines based on potent broad-spectrum monoclonal antibodies (mAbs) to provide instant and long-lasting immunity for vulnerable people at risk of severe disease or death from current and future variants of viral infections. RQ Bio has achieved this by combining innovative excellence in core areas to create a smarter approach to antibody generation. RQ Bio has multiple sources of leads and a deep collaboration with the University of Oxford. The Company was founded by scientific experts, which worked to build a community of infectious disease antibody experts focussed on the development of rapid and efficient delivery of highly potent neutralising antibodies to help support the UK COVID-19 response. For more information, please visit www.rqbiotechnology.com.
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News and Press Releases |
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Altasciences Receives 2023 CRO Leadership Award for Capabilities
Laval, Quebec – May 9, 2023 – Altasciences announced today that
it has been recognized for excellence in contract research with a 2023
CRO Leadership Award for Capabilities. This marks the eighth year that
Altasciences, a fully integrated drug development solution company, has
been deemed a top performer.
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White Papers |
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PhlexEview: Transforming Costly Paper Processes into Value Driven Compliance
Phlexglobal Ltd
Looking at some of the challenges of traditional paper-based Trial Master Files (TMFs), and how they can be overcome with Phlexglobal's best in breed electronic TMF system, PhlexEview.
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Industry Events |
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The Pharmaceutical Manufacturing and Packaging Congress 2023 (PHARMAP 2023)
12-13 June 2023, Hilton Geneva Hotel & Conference Centre, Geneva, Switzerland
The Pharmaceutical Manufacturing and Packaging Congress 2023 (PHARMAP 2023) gathers top-level management from pharmaceutical
companies of manufacturing, primary and secondary packaging, purchasing,
and supply chain and procurement sectors, CMOs and CDMOs leaders, heads
from government and institution on 12-13, June, 2023 in Geneva,
Switzerland.
More info >> |
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