THANK YOU FOR SUBSCRIBING
Pharma Tech Outlook | Thursday, April 30, 2020
Currently, BrainVectis is studying treatments for Huntington’s disease and Alzheimer’s disease using the adeno-associated virus (AAV) to transfer the gene for the CYP46A1 enzyme into the human brain
Fremont, CA: Leading clinical-stage adeno-associated virus (AAV) gene therapy company Asklepios BioPharmaceutical, acquired Paris-based gene therapy company BrainVectis. Financial terms of the acquisition were not disclosed. BrainVectis is a French National Institute for Health and Medical Research (INSERM) spin-out with expertise and an intellectual property estate for the treatment of neurodegenerative disorders. The company was founded by award-winning physician and gene therapy pioneer Nathalie Cartier-Lacave, M.D., with early funding and support from INSERM, Sorbonne University, and the French Alternative Energies and Atomic Energy Commission (CEA).
Stay ahead of the industry with exclusive feature stories on the top companies, expert insights and the latest news delivered straight to your inbox. Subscribe today.
“Our acquisition of BrainVectis offers us an extraordinary opportunity to work together to potentially transform patients’ lives. Huntington's disease is a devastating and irreversible disease for which no effective treatments exist. BrainVectis has world-leading knowledge of Huntington’s and other neurodegenerative diseases and gives us access to a pipeline of candidates for these indications. We’re honored to have them become part of AskBio,” said Sheila Mikhail, CEO, and co-founder of Asklepios BioPharmaceutical.
[vendor_logo_first]Currently, BrainVectis is studying treatments for Huntington’s disease and Alzheimer’s disease using the adeno-associated virus (AAV) to transfer the gene for the CYP46A1 enzyme into the human brain. The company has secured the intellectual property for both indications from INSERM and has filed new patent applications for other degenerative conditions. BrainVectis' lead gene therapy candidate, BV-CYP01, has shown proof-of-concept in various animal models of Huntington’s disease and received Orphan Drug Designation (ODD) from the European Commission in April 2019.
“We have seen promising preclinical results with BV-CYP01, and combining our program with gene therapy leader AskBio is ideal as we progress toward clinical studies,” said Dr. Cartier-Lacave. “With its unmatched technology platform, AskBio has the resources to accelerate the development of our gene therapies for patients who desperately need treatment options.” Asklepios BioPharmaceutical will leverage its proprietary capsid and synthetic promotor design technologies and manufacturing technology and capacity to advance the development of this and other BrainVectis programs. Post-acquisition, BrainVectis will operate as a wholly-owned subsidiary of Asklepios BioPharmaceutical and maintain its office in Paris.
See also: Top Biotech Solution Companies
More in News