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Ablynx NV And Spirogen Enter Into Research Collaboration To Evaluate Potential Of Novel Toxin-Nanobody Drug Conjugates In Cancer- Hugin

Monday, 25 Feb 2013 01:31am EST 

Hugin reported that Ablynx NV and Spirogen Ltd. have announced a research collaboration to evaluate the potential of a novel anti-cancer drug conjugate combining Spirogen's proprietary cytotoxic drugs, pyrrolobenzodiazepines (PBD), and associated linker technology, with Nanobodies(R) generated using the Company's proprietary technology platform. Under the terms of the collaboration, the Company will provide access to novel Nanobodies against a specific, undisclosed cancer target and Spirogen will provide access to its proprietary cytotoxic warheads (PBDs) and conjugation technologies. Both companies will contribute their resources towards the collaboration, which is expected to last for up to a year initially. Following this feasibility phase, the Company will have the option to either in-license Spirogen's technology or, in collaboration with Spirogen, move development forward with a third party. No further terms have been disclosed. 

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