« Return to News | CROs/Service Providers

Intrexon acquires Immunologix

Wednesday, November 2, 2011 10:11 AM
Intrexon, a privately held synthetic biology company has acquired Immunologix. Immunologix specializes in transforming naïve B-cells to produce 100% human monoclonal antibodies that can target all antigen types including, but not limited to cancer cells, viruses, bacteria, toxins, plus those epitopes related to autoimmune diseases such as diabetes, lupus, rheumatoid arthritis and multiple sclerosis. Terms of the transaction were not disclosed.
 
From its exclusive patent license from the Medical University of South Carolina, Immunologix developed mAbLogix platform to deliver a key unmet need in antibody-based therapeutics. Importantly, the mAbLogix technology platform enables the unique ability to derive fully human antibodies using a 100% in vitro systems. The Charleston-based Immunologix scientific team is now part of Intrexon’s protein production division, headquartered in Foster City, CA.
 
According to Gerardo A. Zapata, PhD, president of Intrexon’s protein production division, the current market for therapeutic and diagnostic antibodies is estimated to exceed $40B per year worldwide and many of the current marketed antibodies are not fully human. “There are many high value areas that are either underserved or in need of significant efficacy and safety improvement by using fully human antibodies,” commented Zapata. “Acquisition of the mAbLogix technology and know-how, coupled with the cell processing capabilities of Intrexon’s recently announced cell engineering unit, provides us with a much faster, better, and less expensive process from discovery to the scale-up of valuable, fully human therapeutic antibodies.”
Share:          
CLINICAL TRIAL RESOURCES

Search:

NEWS ONLINE ARCHIVE

Browse by:

CWWeekly

September 30

Novartis-Walgreens pilot study blurring the line between retail pharmacy, investigative site

CISCRP to launch traveling science museum exhibit to demystify clinical trial participation

Already a subscriber?
Log in to your digital subscription.

Subscribe to CWWeekly.

The CenterWatch Monthly

October

New growth and decline in Asia clinical trials
South Korea, Japan, China see big growth in 1572s, while India posts huge drop

Harnessing Big Data to transform clinical trials
From protocol to patient recruiting, data analytics can yield valuable insights

Already a subscriber?
Log in to your digital subscription.

Purchase the October issue.

Subscribe to
The CenterWatch Monthly.

The CenterWatch Monthly

September

Sponsors look to collaborate on comparator drugs
Co-therapies, comparators are in 60% of studies, cost $25m per company a year

Early adopters implement risk-based monitoring pilot programs
Experiments aim to offer long-term solutions, despite short-term uncertainties

Already a subscriber?
Log in to your digital subscription.

Purchase the September issue.

Subscribe to
The CenterWatch Monthly.

JobWatch centerwatch.com/jobwatch

Featured Jobs

More Jobs

 

Copyright © 1995-2013 CenterWatch.