Ono Pharmaceuticals Partners With Monash University To Pioneer Next Generation of Anti-GPCR Antibodies For Autoimmune Diseases
Ono Pharmaceutical partners with Monash University to develop anti-GPCR antibodies for autoimmune diseases.
Breaking News
Aug 05, 2024
Simantini Singh Deo
Ono Pharmaceutical Co., Ltd. (based in Osaka, Japan, under
the leadership of President Toichi Takino) has unveiled a fresh partnership and
research collaboration with Monash University in Melbourne, Victoria,
Australia. This new agreement focuses on the discovery and development of
antibodies that target G protein-coupled receptors (GPCRs). The goal is to
create innovative treatments for autoimmune and inflammatory diseases.
In January 2023, Ono entered into an agreement with Monash
University to collaborate on the discovery and creation of anti-GPCR
antibodies. The new agreement expands this collaboration to focus on antibodies
targeting a different GPCR therapeutic target. Monash University's Biomedicine
Discovery Institute will spearhead this new antibody discovery initiative,
targeting traditionally difficult GPCRs.
Seishi Katsumata, Corporate Officer / Executive Director,
Discovery & Research of Ono, said in a statement, “Through the earlier
collaboration, we renewed our recognition that Monash University has the
capability in the creation of anti-GPCR antibodies using its sophisticated
expertise and technologies that can overcome difficult challenges. Through this
new collaboration with Monash University, we expect to discover innovative
antibodies against a different GPCR target that fulfil unmet medical needs in
autoimmune and inflammatory diseases, different from the diseases in the
existing agreement.”
Ono will have exclusive global rights to develop and
commercialize a therapeutic product based on the antibodies selected from this
campaign. Under the terms of the agreement, Ono will make an upfront payment
and provide research funding during the option period. Should Ono exercise its
option, it will also pay Monash University milestone payments for clinical
development progress and sales, along with royalties on future net sales.
“We are excited to sign a new agreement with Ono
Pharmaceutical and continue combining our expertise in anti-GPCR antibody
discovery with their exceptional capabilities in drug development. The strength
of the collaboration forged over the last eighteen months has led to the
acceleration of treatments across a variety of diseases,” said Associate
Professor Remy Robert, Laboratory Head at Monash.
Dr Alison Greenway, Senior Director Enterprise and
Partnerships, Monash Medicine, Nursing and Health Sciences, also made a remark,
“We are delighted to continue working with Ono Pharmaceutical as the
collaboration has been a great example of discovery research joining forces
with a major industry partner in order to accelerate the development of new
therapies.”