THANK YOU FOR SUBSCRIBING
Pharma Tech Outlook | Tuesday, September 21, 2021
Skunkworx's methodology promises to accelerate drug discovery and validation of novel revolutionary medicines by leveraging powerful computational tools and bioinformatics to improve target accuracy.
FREMONT, CA: Heat Biologics, a clinical-stage biopharmaceutical company focused on developing first-in-class immunomodulatory therapies, has launched Skunkworx Bio (Skunkworx), a wholly-owned subsidiary focused on developing a drug discovery paradigm to enable rapid drug development.
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.
Matt Seavey, Ph.D., Skunkworxs Executive Director of Scientific Operations, commented, "Our unique process flips the paradigm of drug discovery, as it enables us to rapidly identify novel drug targets to determine if a target is druggable. By utilizing this approach, we have been able to identify lead targets and already have several promising programs underway."
Jeff Wolf, Chief Executive Officer of Heat, commented, "We are extremely proud to launch Skunkworx, an innovative platform to accelerate the path from discovery to preclinical development. Skunkworx augments Heats emerging drug development ecosystem designed to move new biologic programs from discovery into the clinic efficiently. New programs will be discovered through Skunkworx, developed at Heat and manufactured at Scorpion Biological Services, Heats wholly-owned manufacturing subsidiary. This integrated platform is focused on driving innovation by rapidly accelerating the drug development process. We look forward to working with Skunkworx to advance a wide repertoire of drugs across a wide variety of indications, including biosecurity applications, an area of growing importance."
Skunkworx's patented Pocket Biologics libraries are utilized to identify small proteins that bind to key regions of druggable targets. Skunkworx's methodology promises to accelerate drug discovery and validation of novel revolutionary medicines by leveraging powerful computational tools and bioinformatics to improve target accuracy. Skunkworx has developed agonists and antagonists for several targets and is now advancing several of these assets via preclinical trials.
More in News