AstraZeneca
has secured support from the U.S. government to advance the development
of antibody-based COVID-19 treatments as the British drugmaker ramps up
efforts beyond its potential vaccine to combat the global health
crisis.
The company said on Tuesday it had signed a second set of deals with
authorities in the United states backing its development of a monoclonal
antibody treatment against the coronavirus.
It declined to disclose details of the agreement but said it had
agreed terms with the Defense Advanced Research Projects Agency (DARPA)
and Biomedical Advanced Research and Development Authority (BARDA) to
move two COVID-19 antibody therapies it has licensed from researchers
into clinical studies in the next two months.
Companies and governments are scrambling to bring a solution for the
illness caused by the new coronavirus to market as soon as possible, and
many in the medical community believe antibody-based therapies hold
great potential.
The United States has already secured 300 million doses of
AstraZeneca’s experimental COVID-19 vaccine, AZD1222, and Defense
Secretary Mark Esper vowed last month that the U.S. military and other
parts of the government would work with the private sector to produce a
vaccine at scale by year-end.
AstraZeneca said it has licensed six monoclonal antibody candidates
from Vanderbilt University in Nashville, Tennessee. Two of those six
prospective proteins will be tested as a combination approach for
COVID-19. (https://bit.ly/3cSDR0d)
Antibodies are generated in the body to fight off infection.
Monoclonal antibodies mimic natural antibodies and can be isolated and
manufactured in large quantities to treat diseases in patients.
https://www.marketscreener.com/ASTRAZENECA-PLC-4000930/news/AstraZeneca-wins-fresh-U-S-backing-in-race-for-COVID-19-treatment-30744742/
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