Scancell progresses its new anti-glycan monoclonal antibody (mAb) platform GlyMab™
Prof Lindy Durrant, Chief Executive Officer, Scancell, commented: “We believe our proprietary GlyMab™ platform provides a powerful and versatile approach to generating novel antibody drug candidates that bind to sugar motifs, rather than peptide epitopes, found on the surface of glycosylated proteins and lipids that are implicated as drug targets in particular cancers and potentially other diseases. As such, this new platform expands on Scancell’s unique approach to developing innovative therapies for cancer and infectious disease. The Board believes that there are multiple ways to maximise the value of these innovative and proprietary assets, either developing them internally to further value inflection points, develop alongside strategic partners or through earlier stage commercial licences. The fourth research agreement on the Glymab™ platform provides further validation of the commercial potential of this platform.”
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