UK biotech firm Centauri Therapeutics said today it has acquired the Alphamer technology for drug discovery and development from Altermune Technologies. Centauri Therapeutics acquired full rights to patents, proprietary compounds, know-how and collaboration/licence agreements from Altermune in exchange for an undisclosed fee.
The private venture capital backed company has also secured the first tranche of a £3 million ($4.3 million) raise to develop its first lead candidate. The funding will be used to develop its first lead Alphamers against anti-microbial resistant (AMR) pathogens, which pose an increasing threat to human health. Investors include Animatrix Capital, a regional investment fund, and private investors.
Centauri Therapeutics’ decision to acquire the Alphamer platform was made following the publication of a successful preclinical proof of principle study by Victor Nizet, a professor at UCSD, California and a leading academic in the field of antimicrobial immunity.
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