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Biotech Law Weekly

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Archemix



Archemix alliance with Elan focuses on discovery, development of Aptamer therapeutics



August 18th, 2006

Archemix Corp. announced a multiyear, multi-product alliance with Elan Corp., plc (ELN) focused on the discovery, development, and commercialization of first-in-class aptamer therapeutics to treat autoimmune disease.

The companies will seek to develop aptamer therapeutics to IL-23, a cytokine that has emerged as a mediator in the chronic autoimmune inflammatory diseases, and additional protein targets. The collaboration combines Archemix's extensive expertise in aptamer therapeutics with Elan's experience and leadership in the development and commercialization of new therapies for autoimmune diseases.

Under the terms of the agreement, Archemix will...


Source: Biotech Law Weekly (2006-08-18)

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