Athera Biotechnologies, an atherosclerosis R&D company, and Dyax, a clinical stage biotechnology company, have entered into a collaboration agreement to discover and develop therapeutic products for the prevention or treatment of cardiovascular inflammatory diseases.
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During the discovery phase of the collaboration, Dyax will utilize its proprietary antibody libraries to generate fully human monoclonal antibodies. Athera will provide reagents, assays, and in vivo animal models for use in selecting a clinical product candidate.
Upon successful completion of the discovery work, Athera and Dyax will have the option to advance the antibody lead(s) into clinical development under the terms of a global co-development and commercialization agreement.
Clive Wood, chief scientific officer of Dyax, said: “We are very pleased to be working with Athera. Through their innovative research from the Karolinska Institutet, we believe Athera has identified an exciting potential opportunity for therapeutic antibody treatment of cardiovascular inflammation.”
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