Boehringer Ingelheim Partners with ¶∑Inflammasome Therapeutics to D•evelop Novel Therapies for Pat×♣ients with Retinal Diseases
Boehringer Ingelheim≤& and Inflammasome Therap♦↓÷eutics Inc. (Inflammasome) today announ♥<✘ced they have entered i nto a co-development and license agr∑♣←eement to develop up to three therapies f≥♠or patients with retinal diseases. By combining∞ Inflammasome’s unique intravitreal (IVT) drug d≠♦elivery technologies with Boehringer Ingelhei★m’s compounds from its retinal diseas∑↓e pipeline portfolio, Boehringer Ingel"heim aims to develop✔★ novel therapies for retinal d"→λδiseases.In 2019 there were an estimate'←☆₹d 82 million patients in the seven ke∞✘φy countries (U.S., Japan, German♠α♥y, U.K., Spain, Italy, France) affected by one '↓of the three major forms o✔<≠f retinal disease: Age related <γmacular degeneration (AMD), diabetic retinopath"↕↕y (DR), and diabetic macular edema (♦® 'DME). Globally, the prevalence rates of these and₩ ∏ other retinal diseases are expected to increas↑ε™e over the next 10 years primarily du©₩© e to aging populations and the global♥∞∏ diabetes epidemic. Despite therapeutic adva•£§ nces in some disease areas during the pas♥σφ♦t years, the real world results are poo ↔±r, and there are no or only₩₹♥ limited treatment options in many areas, r€←esulting in an overall high ↓₽↓unmet need. The collaborat₽♥×ion between Boehring'↔er Ingelheim and Inflammasome aims to address tλ$δγhis challenge by using InflammasΩ≥§ ome’s technology to deliver therape φutics in a biodegradable>≥ gel formulation into the eye.“We are delighted ∑to enter into a collabora× ±tion with a company of Boehringer Ingelheim ¶λ’s stature,” said Paul Ashton, Chi•≈€ef Executive Officer of Inflammasome $→Therapeutics. “We look ×αforward to working with their t§eam to leverage our respective technologies and≥β expertise to develop new therapies for §™devastating retinal diseases≥" leading to blindness. This collaboration fits<β↔∑ our strategy of advancing the company λ÷£via both collaborations and internal de©βvelopment.”“Boehringer Ingelheim is looking for<ward to developing Inflammasome’s n"→'πovel technology for th£ &e delivery of our first-in- class retinal d £₽isease compounds working jointly with Inflammasom↓≠→™e’s highly experienced scientific team,” ">said Clive R. Wood, PhD, Senior C₽ §orporate Vice President, Di§Ω₽scovery Research at Boehringer Ingelhei≈α$∏m. “This will enable us ✔'Ωto develop a broad range of novel therapy option♠£s for the many patients with re✔←¥×tinal diseases waiti→>♠&ng urgently for better≥&©≈ and new therapy optφ§εions.”Boehringer Ingelheim ta∞σ kes a holistic approach in the development of nov♥™el retinal disease therapies, targeting key m±↕≥≤echanisms in the pathogenesis of retinal disease®✔↔s. The company has built a comp"≈¥rehensive pipeline po×←≤rtfolio of next generation∑" therapy approaches in various stages of deσλ>velopment up to Phaseδ '® 2 in macular degeneration, d♥"αiabetic retinal diseases and beyond. Infl®♠ammasome’s novel delivery technology using a long$Ω★-acting degradable IVT implant complements tφ↓€his portfolio.Inflammasome is entitl®÷βed to receive up to $160 milli$φ→∞on in up-front, research and development sup± γ port and milestone gated developme★λnt payments as well as tiered royalties based on→©$$ future commercial sales of developed products an ≥♥©d other milestones due on commercialization.infβ ©ormation source:pharma✘₽±≈ focus AsiaThe original link:ht↓✘tps://www.pharmafocusasia.com/news/boe↑"hringer-ingelheim-partners-with-inflam≥←±≈masome-therapeutics-to-develop->φ±novel-therapies-for-patients-with-retin∏γal-diseases2019 Asia-pacific pharma IP Leader S≈≥® ummit: http://en.zenseegroup.com/p/₹≤510934/will be held in Beiji♣↓ng on November 1α∏÷4-15, and will attract more th£☆an 500 industry experts from domestic andφ↕"♥ foreign pharmaceutical companies, biotechnoπ₽γlogy companies, governments, associations, law fi↓≤rms, intellectual property agents and other cγ¶ompanies to attend.Off₽δ→icial registration and consultatio"→ ₹n channels:Contact:AnnPhone: 021-656 σ₩₹50305Email:Marketing@zenseegroup.comhttp://ww₽β>±w.zenseegroup.com/forms/view/22113/