On April 15, 2019 Aqilion reported that searches for early innovative pharmaceutical projects thatare based on solid research resting on a firm biological foundation and offering both clinical relevance and patient benefit (Press release, Aqilion, APR 15, 2019, View Source [SID1234568119]). Immunscape has developed innovative molecules that could potentially become new drugs for the treatment of cancer and autoimmune diseases. The project is currently in an early phase of development. The purpose of the new collaboration is to jointly assess and develop the commercial potential of the project.
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Aqilion can invest resources in interesting projects to further evaluate their potential and to ensure that they proceed to a full-scale project or project company. Both Aqilion and Immunscape are actively engaged in the assessment in a collaboration that entails an exclusive option for Aqilion to continue its involvement if the project proves to be promising.
"The pre-project phase is important to strengthen the common vision of the project and to assess together with Immunscape’s team whether Aqilion is the right partner to promote continued commercial development of the project. Immunscape has solid drug discovery experience and expertise and the company’s innovative molecule platform is extremely interesting for Aqilion. We look forward to working together on this exciting project," says Sarah Fredriksson, CEO of AQILION AB.
"We are extremely pleased to have initiated this collaboration with Aqilion, which will accelerate our drug discovery efforts," says Lars Öhman, CEO of Immunscape AB.