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WuXi Biologics, Boostimmune sign MoU for exclusive research and discovery services

Shanghai
Monday, August 14, 2023, 18:00 Hrs  [IST]

WuXi Biologics (WuXi Bio), a leading global CRDMO, and Boostimmune, a biotech company dedicated to developing next-generation anti-cancer therapies modulating the tumour immune microenvironment and ADCs to novel targets, announced a Memorandum of Understanding (MoU) had been signed for research and discovery services for Boostimmune’s pipeline.

Under the collaboration, Boostimmune will have access to WuXi Biologics’ integrated discovery services and extensive expertise in antibody discovery, lead optimization, in vitro screening and characterization, as well as in vivo tests. WuXi Biologics will be the exclusive service partner to support Boostimmune in generating different modality candidates, including monoclonal antibodies, bispecific antibodies and recombinant proteins.

Dr. Gwanghee Lee, co-founder and CEO of Boostimmune, commented, “Collaborating with WuXi Biologics – and accessing their comprehensive antibody generation technology platform – offers an opportunity to discover novel biological candidates and explore the science of complex proteins. We look forward to working with WuXi Biologics to build a compelling pipeline with the potential to meaningfully improve the lives of patients.”

Dr. Chris Chen, CEO of WuXi Biologics, commented, “We are very pleased to partner with Boostimmune to advance their innovative pipeline. The biotech industry in South Korea is flourishing, and there is increasing demand for end-to-end discovery and development services. WuXi Biologics is proud to support our global and Asia partners in bringing innovative biologics solutions to market for patients around the world.”

Boostimmune is a biotech company developing innovative, first-in-class antibody-based therapies to address unmet needs in oncology. Its pipeline projects consist of naked monoclonal antibodies to modulate the tumour immune microenvironment, ADCs to novel targets with potential patient selection biomarkers and an ISAC (Immune Stimulator Antibody Conjugate) directly targeting immunosuppressive myeloid cells. Boostimmune was co-founded in 2021 by a world-class pioneering immunologist, Professor Tadatsugu Taniguchi at the University of Tokyo, who originally identified Interferon beta, Interleukin-2, and Interferon regulatory factors (IRFs).

WuXi Biologics is a leading global contract research, development and manufacturing organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide.

 

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