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Ablynx, Merck & Co. Ink $4B+ Expansion of Immuno-Oncology Collaboration

Ablynx said today it has expanded its nearly year-and-a-half-old immuno-oncology collaboration with Merck & Co. to address additional checkpoint modulator targets. The four-year expansion could generate an additional more-than-€4 billion (about $4.4 billion) i

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Ablynx said today it has expanded its nearly year-and-a-half-old immuno-oncology collaboration with Merck & Co. to address additional checkpoint modulator targets. The four-year expansion could generate an additional more-than-€4 billion (about $4.4 billion) in milestone payments for the Belgian biopharma.

Ablynx has agreed to oversee discovery and development for up to 12 additional cancer drugs based on single-domain antibody fragments, or Nanobodies®, through preclinical proof-of-concept.

After that, Merck will have the option to advance specific lead candidates. Merck will also be responsible for clinical development, manufacturing, and commercialization of any products resulting from the collaboration, Ablynx said.

The new Nanobody drugs will be developed against individual protein targets and target combinations.

In the expanded collaboration, Merck has agreed to pay Ablynx €13 million ($14.2 million) upfront consisting of exclusivity fees and FTE payments, as well as further research funding over the term of the collaboration.

Ablynx will also be eligible for additional exclusivity fees, depending on how many programs for which Merck exercises its licensing option, plus up to €340 million ($371 million) in payments tied to development, regulatory, and commercial milestones.

“This significant expansion of our collaboration with Merck after less than 18 months underlines the promise offered by our Nanobody platform in the discovery of unique new therapeutic agents,” Ablynx CEO Edwin Moses, Ph.D., said in a statement.

Ablynx and Merck launched their immuno-oncology collaboration in February 2014, agreeing to discover and develop five Nanobody candidates, including multi-specific Nanobody combinations. Ablynx received €20 million ($21.8 million) upfront, and was entitled to up to €10.7 million ($11.7 million) in research funding during the initial three-year research term—as well as up to €1.7 billion ($1.85 billion) in development, regulatory, and commercial milestone payments based on achieved sales thresholds.

The 2014 collaboration was the second launched by the companies. In October 2012, Merck agreed to pay Ablynx €6.5 million ($7.1 million) upfront, €2 million (about $2.2 million) toward research funding, and up to €448 million ($488.6 million) in research, regulatory and commercial milestone payments, plus tiered royalties, under a partnership to co-develop ion channel drugs based on Nanobodies.

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Related questions

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A crucial question often addressed during preclinical development focuses on the in vivo stability of therapeutic antibodies. Increasing the half-life of a therapeutic antibody has several benefits ranging from higher treatment efficacy to increased advantages for the patients who will have a fewer number of therapy sessions and a reduced cost. Given these compelling benefits, following the identification of therapeutic antibodies with the desired specificity, developers usually subject them to a refinement step to increase their stability. This process is often hindered by the lack of reliable experimental tools to predict the half-life of antibodies in patients. The major hurdle of using mouse models to predict antibody stability in the serum lies in the way immunoglobulin proteins are processed by the organism. In mammals, most proteins circulating in the serum undergo constant uptake by endothelial cells and are routed through the endosomes to the lysosomal compartment for degradation. In the endosomes, immunoglobulin G (IgG) proteins are recognized and bound by a transmembrane protein, called the neonatal Fc receptor (FcRn), which mediates their recycling to the plasma membrane and subsequent release back into the serum. As a result, the half-life of IgGs are significantly extended by this mechanism. Since most therapeutic antibodies belong to the IgG class, this recycling system is very relevant for their relative stability in the body. Remarkably, the relative affinity between IgGs and FcRn is extremely disparate between different species, with the mouse receptor showing a much higher affinity than its human counterpart.

Source: www.genengnews.com ↗
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Source: www.genengnews.com ↗
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Peptide Therapy Guide Editorial Team

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