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Pharma Tech Outlook | Tuesday, September 22, 2020
Eli Lilly and Amgen has announced a worldwide antibody manufacturing partnership, which will increase the supply capacity of COVID-19 therapies.
FREMONT, CA: Eli Lilly and Company (NYSE: LLY) and Amgen (NASDAQ: AMGN) have announced a worldwide antibody manufacturing partnership, which will significantly increase the supply capacity available for Lilly's potential COVID-19 therapies. Presently, Lilly is studying various possible neutralizing antibodies that can be utilized to prevent or treat COVID-19 as either monotherapy or in combination. With the help of this collaboration, the two organizations will have the capability to rapidly increase their products and serve many more patients around the world. However, it is also necessary that Lilly's antibody therapies are successful in clinical testing and receive regulatory approval.
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According to a press release, Daniel Skovronsky, M.D., Ph.D., Lilly's Chief Scientific Officer and President of Lilly Research Laboratories, said that they believe that virus-neutralizing antibodies, considering the preliminary clinical studies, which also includes LY-CoV-555, can play a significant role in the fight against COVID-19. The partnership will help increase the manufacturing capacity for neutralizing antibodies. Together, the companies hope to deliver several thousands of doses next year.
David M. Reese, M.D., Executive Vice President of Research and Development at Amgen, said that the company is impressed with Lilly's data, especially in the decrease of hospitalizations, and are looking forward to this partnership due to its potential for these neutralizing antibodies which can be used as a therapeutic for COVID-19.
Esteban Santos, Executive Vice President of Operations at Amgen, added that the company is proud to join hands with Lilly and control their deep technical expertise in antibody development.
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