1-MIN READ

China's BeiGene To Start Human Testing Of COVID-19 Antibody Treatment In September

China's BeiGene To Start Human Testing Of COVID-19 Antibody Treatment In September

Chinabased drugmaker BeiGene Ltd said on Thursday that an earlystage human study to test its COVID19 antibody treatment will begin in September.

China-based drugmaker BeiGene Ltd said on Thursday that an early-stage human study to test its COVID-19 antibody treatment will begin in September.

The trial will enroll 30 healthy people in Australia, while the enrollment for another larger trial in patients with mild-to-moderate COVID-19 is expected to start in early October, the company said.

BeiGene entered into a license agreement with Singlomics Biopharmaceuticals Co Ltd to develop, manufacture and sell the privately held company’s investigational anti-COVID-19 antibodies outside greater China.

Under the agreement, BeiGene aims to develop one or more of these antibodies globally outside of greater China, while Singlomics will keep the rights in greater China, the companies said.

Singlomics will get an upfront payment and will receive more on successful milestones. It will also get royalties on future product sales.

Antibody therapies use antibodies generated by infected humans or animals to fight the disease in patients.

In general, the goal of a vaccine is to generate an immune response that can prevent someone from getting ill with a disease, whereas antibody-derived products are generally designed to treat disease.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

  • Tags:
  • First Published: August 27, 2020, 5:40 PM IST
Next Story
Loading