AbCellera and Rallybio link up on antibodies for rare diseases
Canada’s AbCellera (Nasdaq: ABCL) and US biotech Rallybio Corporation (Nasdaq: RLYB) have agreed a strategic alliance to discover, develop, and commercialize antibody-based therapeutics for rare diseases.
The multi-year, multi-target collaboration will combine AbCellera’s antibody discovery engine with Rallybio’s clinical and commercial expertise in rare diseases to identify optimal clinical candidates and hopefully deliver therapies to patients.
"A unique advantage that we believe will deliver new and transformative medicines"Carl Hansen, founder and chief executive of AbCellera, said: “It’s clear that we need to accelerate drug development for rare diseases to address the enormous unmet medical need for these patients.
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