Almirall steps up R&D with collaborations

31 January 2022

Spanish dermatology specialist Almirall (ALM: MC) announced two collaborations in one on Monday.

The first is a multi-target licensing agreement with Ablexis, a privately-held Californian biopharmaceutical company focused on licensing its AlivaMab Mouse technology for antibody drug discovery.

"These agreements are in line with Almirall’s vision to develop innovative treatment options for patients suffering from severe skin diseases"Under the terms of the license, Almirall is granted non-exclusive rights to use this technology for the discovery, development, and commercialization of innovative antibody drugs.

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