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Pharma Tech Outlook | Wednesday, October 21, 2020
IONTAS’s proprietary mammalian display technology is a revolution in the realm of antibody discovery and development.
FREMONT, CA: IONTAS Limited (IONTAS), an innovative biotechnology company, has got into an agreement with Bristol Myers Squibb regarding the mammalian display technology. IONTAS enables the discovery of high affinity developable full-length antibody libraries with respect to mammalian cells with its proprietary technology platform. As per the agreement, IONTAS would allow Bristol Myers Squibb to access the mammalian display technology platform by receiving an upfront payment. Along with this, both the companies would be working together to help this innovative technology to be deployed in the major facilities of Bristol Myers Squibb.
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The agreement of the two companies IONTAS and Bristol Myers Squibbis sure to make the process of discovery and development of the antibody smarter and better. IONTAS would also be receiving near-term frequent payments in the form of maintenance fees, the achievement of development milestones, and eventual royalty from the other company, Bristol Myers Squibb, for all the antibodies that would be derived using this unique mammalian display tech platform.
IONTAS’s proprietary mammalian display technology makes it possible for the process experts and specialists to express large libraries offull-length antibodies on the surface of mammalian cells. The platform enables the selection of the best and optimal binding properties and biophysical properties. In this way, this unique mammalian display technology would increasingly reduce the risks of failed antibody development processes.
IONTAS is a biotechnology company that is focused on antibody discovery and development. This company has recently integrated with FairJourney Group, financed by Global Healthcare Opportunities, or GHO Capital Partners LLP (GHO), the European specialist investor in healthcare.
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