ABIVAX and Evotec Enter into Strategic Collaboration to Develop Novel Antiviral Agents
September 07 2017 - 1:30AM
Business Wire
- ABIVAX discovers initial drug
candidates to treat major viral infections
- Evotec optimizes drug candidates and
performs early target development
- Hits for major unmet medical needs -
Human Respiratory Syncytial Virus (RSV), INFLUENZA and DENGUE
viruses - already identified
- AVIVAX’s antiviral technology
platform previously validated by ABX464, its clinical phase 2
candidate for reducing HIV reservoirs
Regulatory News:
Evotec AG (Frankfurt Stock Exchange: EVT, TecDAX, ISIN:
DE0005664809) and ABIVAX (Paris:ABVX) (Euronext Paris: FR0012333284
– ABVX) today announced a strategic collaboration to discover and
develop novel treatments for multiple serious viral infectious
diseases.
ABIVAX and Evotec will focus on accelerating discovery and
initial development of small molecules in a capital efficient
manner. ABIVAX identifies the targets and discover initial drug
candidates; Evotec will leverage its industrial state-of-the-art
drug discovery platform by optimising ABIVAX’s candidates and
performing early target development. Targets in RSV, Influenza and
Dengue viral infections have already been identified by ABIVAX and
are being evaluated for further development under the
partnership.
ABIVAX’s antiviral platform is based on its technology of
inhibition of mRNA biogenesis and its chemical library of more than
one thousand small molecules. ABX464, ABIVAX’s lead candidate in
Phase II clinical trials, is based on this mode of action and is
the first drug candidate ever shown to reduce HIV reservoirs in
humans1.
ABIVAX carries out hit identification experiments as well as
in vitro and in vivo pharmacology studies. Evotec will
drive the medicinal chemistry design and execution, additional
pharmacology, ADME (absorption, distribution, metabolism, and
excretion), as well as computational chemistry, mode of action and
molecular target identification studies.
Dr Mario Polywka, Chief Operating Officer of Evotec, said
“Infectious disease represents one of Evotec’s core areas of focus,
and we are delighted to enter into this broad-ranging and exciting
partnership with ABIVAX. We are committed, along with ABIVAX, to
driving innovation in this important field with our integrated drug
discovery platform in Toulouse, France.”
Professor Hartmut Ehrlich, M.D., CEO of ABIVAX, added “We
look forward to extracting further value from our antiviral
discovery platform. Evotec is the ideal partner to efficiently
advance these promising programmes in order to address the
large unmet medical need of patients with these life-threatening
and often deadly infectious diseases.”
Financial details were not disclosed. Intellectual property
originating from this collaboration and commercial rights to
any drug candidates will be owned by ABIVAX. This
partnership will be supported, in part, by funding from the
“Projets de R&D Structurants Pour la Compétitivité” (PSPC) of
the “Invest in the Future Program” (PIA), a competitive award
granted to ABIVAX in January 2017. The programme is supervised by
the General Commissariat of Investment (Commissariat Général de
l’Investissement) and operated by Bpifrance.
About ABIVAX (www.abivax.com)
ABIVAX is an innovative biotechnology company focused on
targeting the immune system to eliminate viral disease. ABIVAX
leverages three technology platforms for drug discovery: an
anti-viral, an immune enhancement, and a polyclonal antibody
platform. ABX464, its most advanced compound, is currently in Phase
2 clinical trials for providing a sustained remission for patients
with HIV/AIDS. It is a first-in-class oral small anti-viral
molecule which blocks HIV replication through a unique mechanism of
action and also has a strong anti-inflammatory effect. In addition,
ABIVAX is advancing a clinical stage immune enhancer as well as
multiple preclinical candidates against additional viral targets
(i.e. Chikungunya, Ebola, Dengue), and several of these compounds
are planned to enter clinical development within the next 18
months. ABIVAX is listed on Euronext compartment B (ISIN:
FR0012333284 – Mnémo: ABVX).More information on the company is
available at www.abivax.com.
About Evotec AG
Evotec is a drug discovery alliance and development partnership
company focused on rapidly progressing innovative product
approaches with leading pharmaceutical and biotechnology companies,
academics, patient advocacy groups and venture capitalists. We
operate worldwide providing the highest quality stand-alone and
integrated drug discovery solutions, covering all activities from
target-to-clinic to meet the industry’s need for innovation and
efficiency in drug discovery (EVT Execute). The Company has
established a unique position by assembling top-class scientific
experts and integrating state-of-the-art technologies as well as
substantial experience and expertise in key therapeutic areas
including neuroscience, diabetes and complications of diabetes,
pain and inflammation, oncology and infectious diseases. On this
basis, Evotec has built a broad and deep pipeline of more than 80
partnered product opportunities at clinical, pre-clinical and
discovery stages (EVT Innovate). Evotec has established
multiple long-term discovery alliances with partners including
Bayer, CHDI, Sanofi or UCB and development partnerships with e.g.
with Sanofi in the field of diabetes, with Pfizer in the field of
tissue fibrosis and Celgene in the field of neurodegenerative
diseases. For additional information please go to www.evotec.com
and follow us on Twitter @EvotecAG.
FORWARD LOOKING STATEMENTS
Information set forth in this press release contains
forward-looking statements, which involve a number of risks and
uncertainties. The forward-looking statements contained herein
represent the judgement of Evotec as of the date of this press
release. Such forward-looking statements are neither promises nor
guarantees, but are subject to a variety of risks and
uncertainties, many of which are beyond our control, and which
could cause actual results to differ materially from those
contemplated in these forward-looking statements. We expressly
disclaim any obligation or undertaking to release publicly any
updates or revisions to any such statements to reflect any change
in our expectations or any change in events, conditions or
circumstances on which any such statement is based.
1 http://programme.ias2017.org/Abstract/Abstract/5650
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ABIVAXFinanceDidier Blondel, +33 1 53 83 08
41didier.blondel@abivax.comorCommunication
AgencyALIZE RPCaroline Carmagnol/Margaux Pronost+33 6 64
18 99 59 / +33 1 44 54 36
65abivax@alizerp.comorInvestorsLifeSci Public
RelationsMatt Middleman,
M.D.matt@lifescipublicrelations.comorEvotecCommunications
& Investor RelationsGabriele Hansen VP,
Corporate+49.(0)40.560 81-255+49.(0)40.560
81-333gabriele.hansen@evotec.com
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