GSK launches Altius Institute for Biomedical Sciences
GlaxoSmithKline is launching the Altius Institute for Biomedical Sciences, an independent, nonprofit research institute in Seattle. Altius will be pioneering new technologies and approaches for decoding how genes are controlled and how a cell’s “operating system” functions in health and disease. GSK expects to capitalize on rapid progress in understanding gene control to select and validate better drug targets, and to accelerate many key aspects of developing new medicines.
Altius will be led by Dr. John A. Stamatoyannopoulos, professor of genome sciences and medicine at the University of Washington School of Medicine. Altius will be creating a research environment that couples the scientific creativity and innovation of an academic environment with previously unavailable integrated capabilities in instrumentation, automation and computation. Altius will be wholly independent from GSK, with its own management, board of directors and external advisors.
GSK and Altius have signed a 10-year collaboration agreement that provides long-term support for innovative, high-impact research. During the first five years, GSK will provide over $95 million in cash and other resources to advance the Institute’s basic research and technology efforts, which also are expected to attract funding from public and other sources. Additional GSK funding will be provided to apply the Institute’s technologies and discoveries to a wide range of drug discovery and development projects, including specific projects identified by GSK. Expecting Altius to be a catalyst of innovation, GSK has retained first rights to option the Institute’s inventions, and to invest in commercialization of its discoveries via spinout companies.
GSK’s collaboration with Altius will enable rapid translation of genetics research technologies to the drug discovery process. Because of poor visibility into how medicines affect the inner workings of cells and tissues, many drugs fail in late stage development, which is extremely expensive. Gaining vision into the function and control of a cell’s genes will greatly improve the probability of selecting and developing the right drug targets for the right diseases. GSK’s work with Altius is expected to result in increased efficiency and reduced attrition across R&D at GSK and could reshape the way drug development is conducted industry-wide.
“Dramatic breakthroughs in understanding how the human genome functions are still in their infancy in terms of how they can be applied to drug discovery, but we can see their potential to transform the process,” said Lon Cardon, senior vice president of Alternative Discovery and Development at GSK. “This is not an incremental change. We are aiming for transformative outcomes that could improve our ability to bring innovative and more effective new medicines to patients.”
Altius expects to collaborate extensively with Seattle-area research institutions to pioneer translation of basic discoveries into clinical advances. Seattle is home to biomedical research institutions such as the University of Washington and the Fred Hutchinson Cancer Research Center. The Institute is expected to be operational later this year.