Evozyne LLC, a privately held molecular engineering technology company founded by life science company Paragon Biosciences, announced on Monday that it has signed a strategic collaboration and license agreement with Japan-based Takeda Pharmaceutical Company Limited.
According to the contract, Evozyne's evolution-based protein design technology is to be used to research and develop proteins that could be applied to next generation gene therapies for genetic disorders within the inborn errors of metabolism and lysosomal storage disease areas of research. The partnership will result in Evozyne being eligible to receive an upfront payment and additional research, development and regulatory milestone payments; and royalties on sales of any commercial products.
Rama Ranganathan, MD, PhD, co-founder and chief scientific officer of Evozyne, said, 'People living with inborn errors of metabolism diseases have profound deficiencies in enzyme levels or lack of enzyme activity that lead to the build-up of toxic materials in the body. For years, researchers have been working to convert existing cells to express the missing enzyme. We now have the ability to create new enzymes that could enable more effective gene therapy approaches that may have a greater impact on patients with these disorders.'
Relay Therapeutics wins FDA breakthrough status for zovegalisib in breast cancer treatment
DATROWAY receives US priority review for first-line metastatic triple negative breast cancer
Valneva and Instituto Butantan launch pilot chikungunya vaccination campaign in Brazil
Lupin launches Dasatinib tablets in US market
WuXi Biologics enters into licence and research service agreement with Vertex Pharmaceuticals
Natera submits Signatera CDx PMA to FDA for bladder cancer use
Pharming receives FDA complete response letter for paediatric Joenja application
Astrazeneca Imfinzi perioperative regimen gains positive EU CHMP opinion in early gastric cancer
I Peace generates human iPS cells from NKT cells and offers them for research use
Trace Biosciences' IND application for nerve-specific imaging agent approved by FDA
Frontage expands early phase clinical research capabilities across US and China
AstraZeneca agrees obesity and type 2 diabetes collaboration with CSPC
Ascletis Pharma Inc reports topline results from Phase III open-label study of denifanstat
Innovative Molecules GmbH completes Phase 1 clinical development programme for adibelivir
MicuRx Pharmaceuticals' IND application for MRX-5 cleared by FDA