Aptevo Therapeutics (Nasdaq: APVO) and Alligator Bioscience (Nasdaq Stockholm: ATORX), biotech companies based in the USA and Sweden respectively, have agreed to co-develop an immunotherapy bispecific antibody candidate, ALG.APV-527.
This candidate is based on Alligator’s first-generation bispecific antibody, ATOR-1016, and includes proprietary binding elements generated by the company’s antibody library. It was developed using Aptevo’s bispecific technology platform.
Working under a previously executed material transfer agreement, the companies have engineered and selected ALG.APV-527 as a lead bispecific antibody candidate, featuring a novel mechanism of action targeting 4-1BB, a member of the TNFR superfamily of co-stimulatory receptors found on activated T-cells, and an undisclosed tumor antigen widely overexpressed in a number of different types of cancer.
This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.
Login to your accountTry before you buy
7 day trial access
Become a subscriber
Or £77 per month
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed
Chairman, Sanofi Aventis UK
Copyright © The Pharma Letter 2024 | Headless Content Management with Blaze