Operational Expansion in UK for Diagnostics Group
Chief Executive Offi cer Graham Mullis said: “The continued development and expansion of our COVID-19 portfolio demonstrates Novacyt’s ability to match the rapid evolution of SARS-CoV-2 with real-time bioinformatics surveillance and accelerated product development. We remain committed to identifying patient needs and overcoming healthcare challenges today and in the years ahead as we continue to strengthen our position as a leading innovator in diagnostic testing.
“We are also pleased to be included in the PHE national framework, which allows PHE and NHS hospitals to purchase our accredited products without the need for direct contract awards. We look forward to the opportunity to expand our support of diagnostic testing in the UK through our established infrastructure and building a long-term future in this important market, as well as in international markets as we continue to invest in our direct commercial operations.”
Graham Mullis
French clinical diagnostics specialist Novacyte (Paris) has announced updates on its near-term COVID-19 research and development (R&D) programmes to address rapidly evolving testing demands, particularly as SARS-CoV-2 continues to mutate around the world. The report includes information on progress with its lateral fl ow tests and PCR developments. Information on the company’s UK operational highlights were also disclosed.
The company has invested signifi cantly in the UK market during the past 12 months and now has over 50 fi eld specialists servicing the NHS across England, Wales, Scotland and Northern Ireland. In addition, its wholly owned subsidiaries Primerdesign and Microgen Bioproducts, have been included in the National Microbiology Framework for Diagnostic Goods and Services (Lot 1) published by PHE for a range of clinical products.
More information online:
ilmt.co/PL/gqzl 55168pr@reply-direct.com
Therapeutic Pipeline Investment aims to Reduce Developmental Risk
“Collective studies agree that the pharmaceutical industry needs to optimise its drug development model,” said Emmanuel Dejean, founder and CEO of Calixar. “In Calixar’s view, the problems faced in clinical development are related particularly to the unreliability of the therapeutic targets isolated upstream.”
Membrane therapeutic targets are essential as templates in the development of drug candidates, both in small molecule screening and in the manufacture of therapeutic antibodies, or as antigens in the development of new vaccines. There is therefore a direct link between the quality of a therapeutic target and the reliability of the biodrug obtained downstream. Today, nearly all the available targets are obtained via denaturing purifi cation and stabilisation procedures, resulting in less than robust drug candidates and vaccines. This also partly explains the clinical phase failures and the poor performance of some drugs on the market.
An investment of €1 million ($1.2 million) in a new pipeline of complex therapeutic targets and native antigens of high relevance for pharmaceutical companies has been announced by French biotech Calixar. This strategic investment, supported by Bpifrance investment bank, will enable the company to provide native and functional membrane therapeutic targets (GPCRs, ion channels, transporters, receptors and viral targets) and advance drugs and vaccines developments.
“We will offer pharma and biotech companies the possibility of saving time and money by entrusting us to develop their future targets,” explained Emmanuel Dejean. “Calixar will invest in 15 highly druggable targets and take on the risks for producing them in a ‘ready-for-drug discovery’ format. Upon validation by our partners, they could have access to exclusive rights on the targets for their applications. The Calixar team will build its contacts with the top 100 pharma/biotech companies to license its pipeline and offer its platform expertise.”
More information online:
ilmt.co/PL/kYJ9 55163pr@reply-direct.com
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