Vis børsmeldingen
intracellular delivery technology, today announced an extensive research
collaboration. OliX Pharmaceuticals and PCI Biotech will combine their know-how
and technology platforms to explore synergies and further partnership on
dermatology and other applications.
The partnership is governed by a research collaboration agreement, under which
the collaborators will perform an extensive evaluation of technology
compatibility and synergy based on OLX104C (Androgenic Alopecia) preclinical
studies. The companies will evaluate results achieved from this research
collaboration to explore the potential for further development and partnership.
Commenting on the announcement, Dong Ki Lee, CEO of OliX Pharmaceuticals said:
“We are very excited to collaborate with PCI Biotech. Combining our proprietary
asiRNA platform with PCI’s leading fimaNAc delivery technology will
significantly accelerate our efforts to bring our dermatological RNAi programs
to the clinic. We also expect to expand the area of application to our cancer
immunotherapy pipeline and mRNA vaccines developed by our subsidiary, mCureX, in
the near future.”
PCI Biotech’s CEO, Per Walday, added: “We are very pleased to initiate this
exciting collaboration with OliX Pharmaceuticals. This collaboration builds on
the strong potential of our intracellular delivery platform technology for
nucleic acid based therapies, within a therapeutic field of good technological
fit. Combining the leading technologies of OliX Pharmaceuticals and PCI Biotech
may lead to new promising applications and we look forward to the
collaboration.”
About OliX Pharmaceuticals
OliX Pharmaceuticals is a clinical stage pharmaceutical company developing
therapeutics against a variety of disorders by down-regulating expression of
disease-causing genes, based on its own proprietary RNAi technology. The
Company’s core RNAi platform, asymmetric siRNA (asiRNA), is a unique gene
silencing technology based on RNA interference (RNAi), which is considered as
the most efficient gene silencing technology. Based on asiRNA technology, OliX
has developed cell penetrating asiRNA (cp-asiRNA), a therapeutic RNAi platform
to effectively target locally administrable diseases, such as hypertrophic scar,
dry and wet age-related macular degeneration (AMD), subretinal fibrosis,
idiopathic pulmonary fibrosis (IPF), and neuropathic pain. OliX has also
developed another therapeutic RNAi platform, GalNAc-asiRNA, to target a variety
of liver diseases. For more information, please visit:
https://www.olixpharma.com
About PCI Biotech
PCI Biotech is a biopharmaceutical late stage clinical development company
focusing on development and commercialization of novel therapies for the
treatment of cancer through its innovative photochemical internalization (PCI)
technology platform, for intracellular delivery. PCI induces triggered endosomal
release that enables drugs to reach intracellular therapeutic targets.
Currently, PCI Biotech is working on three programs: fimaChem (enhancement of
chemotherapeutics for localized treatment of cancer), fimaVacc (T-cell induction
technology for therapeutic vaccination), and fimaNAc (nucleic acid therapeutics
delivery). For more information, please visit: www.pcibiotech.com
(http://www.pcibiotech.com)
Contact Information:
OliX Pharmaceuticals
Media Contact
Kelly Kim / Communications
Phone: +82 10 4220 2801
E-Mail: kellykim@olixpharma.com (mailto:kellykim@olixpharma.com)
PCI Biotech Holding ASA
Per Walday, CEO Mobile: +47 917 93 429
E-Mail: pw@pcibiotech.com (mailto:pw@pcibiotech.com)
Forward-looking statements
This announcement may contain forward-looking statements, which as such are not
historical facts, but are based upon various assumptions, many of which are
based, in turn, upon further assumptions. These assumptions are inherently
subject to significant known and unknown risks, uncertainties and other
important factors. Such risks, uncertainties, contingencies and other important
factors could cause actual events to differ materially from the expectations
expressed or implied in this announcement by such forward-looking statements.
PCI Biotech disclaims any obligation to update or revise any forward-looking
statements, whether as a result of new information, future events or otherwise.
Kilde