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Molecular Partners AG wins EUROPEAN BIOTECHNICA AWARD 2015

Molecular Partners AG wins EUROPEAN BIOTECHNICA AWARD 2015

Publish date: 2015-10-12

The winner of the EUROPEAN BIOTECHNICA AWARD 2015 was a Swiss biopharmaceutical company, Molecular Partners AG.

Tags: award , biotechnica , hannover

 

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This year, the purpose of the prestigious prize was to recognize a company that has established a “disruptive technology” in the biotechnology or life sciences sector and has demonstrably turned this technology into a commercial success.

- We are very proud that the renowned BIOTECHNICA jury has classified our DARPin platform as a ‘disruptive technology’ for biotechnology and life sciences - said Dr Christian Zahnd, CEO of Molecular Partners.

The award was presented during the BIOTECHNICA/LABVOLUTION evening reception on the first day of the trade fair in Hannover, Germany – a ceremony attended by 500 guests from industry, research and politics.

It was no easy decision for the jury, with a host of candidates from the USA, France, Switzerland and Germany in the running for the award. Chaired by Dr. Karsten Henco, Chairman of the Board of HS LifeSciences GmbH, Düsseldorf, the jury finally decided on Molecular Partners AG.

What we are seeing here is a technology that extends the established potential of antibody therapies to include further areas of application.

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Listed on the SIX Swiss Exchange in Zurich, Molecular Partners is a biopharmaceutical company with products in clinical development. The company is developing a new class of therapeutic agents known as DARPins. These are highly specific and versatile protein therapies that have the potential to offer advantages over conventional monoclonal antibodies and other protein therapeutics currently available. DARPin technology facilitates a multispecific approach to treatment. In order to broaden treatment options, DARPins can be applied against multiple targets or several mechanisms of action can be tackled at the same time. DARPins have the potential to advance modern medicine and significantly improve the treatment of serious diseases, including cancer and serious eye disorders.

Molecular Partners has four products at various stages of clinical and preclinical development as well as several products at the research stage, with the focus currently on ophthalmology and oncology. The most advanced product candidate is abicipar, which is licensed to Allergan. The company collaborates on research and development with leading pharmaceutical groups and is backed by established biotech investors.

- The timing of this award is very apt for us as two approval trials (phase III) for the treatment of wet age-related macular degeneration were successfully launched in 2015 for our first product candidate, abicipar, in our partnership with Allergan - said CEO dr Zahnd.

 

Source: Deutsche Messe press materials
Photos: Deutsche Messe

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