Follow us...

 

Search News Archives

News Channels

 

Coronavirus (COVID-19)

 

 

View Channel

New Laboratory Products

 

View Channel

Lab News

 

View Channel

Research & Case Studies

 

View Channel

Microscopy | Image Analysis

 

View Channel

Separation Science

 

View Channel

Videos

 

View Channel

Events | Webinars

 

View Channel

Conferences | Events

Merck Announces VAR2 Pharmaceuticals as Winner of its Advance Biotech Grant

publication date: Jul 14, 2020
 | 
author/source: Merck

merck-announces-var2-pharmaceuticals-as-winner-its


VAR2 Pharmaceuticals selected for its development of a drug-conjugated malaria protein

Merck, a leading science and technology company, has announced that VAR2 Pharmaceuticals has been selected as the European winner of its 2020 Advance Biotech Grant Program. Copenhagen, Denmark-based biotechnology company VAR2 Pharmaceuticals was chosen for its development of a promising novel cancer treatment that has the potential to treat multiple types of human solid tumors.

“Emerging biotech companies play a significant role in the pharma value chain, typically developing therapies for rare and orphan diseases and often need support in bringing these important drugs to market,” said Udit Batra, member of the Merck Executive Board and CEO, Life Science. “VAR2 Pharmaceuticals’ use of a malaria protein to treat cancer is promising, and we are proud to support them.”

VAR2 Pharmaceuticals is in pre-clinical development of a drug conjugate that uses a recombinant malaria protein, rVAR2, to target and combat cancer cells. The rVAR2 protein has been tested on different cancer cell lines and has, in such tests, bound to the vast majority, including melanoma, lymphoma, breast, prostate and ovarian cancer, and Hodgkin's lymphoma. Although today’s focus on Covid-19 vaccines, treatments and diagnostics development is critical, patients around the world need drugs to treat diseases like cancer. With its potential ability to rapidly shrink tumors and target a broad range of cancer cell lines without knowingly disrupting healthy cells, rVAR2 shows promise to be a safe and effective therapy against a broad range of cancers that have virtually no treatment options available.

As part of the grant award, VAR2 Pharmaceuticals will receive in-kind Merck products and consultation support to advance its harvest, downstream and formulations process development challenges in the production of its drug-conjugated malaria protein.

“We are honored to have been selected as the winner of Merck’s Advance Biotech Grant,” said Ali Salanti, founder and CEO of VAR2 Pharmaceuticals. “The products, process development support and expertise belonging to the Life Science business of Merck in developing biopharmaceutical manufacturing processes will be instrumental in moving this project forward to GMP to enable clinical trials, and we look forward to the collaboration.”

Since 2014, Merck’s Advance Biotech Grant Program has awarded technologies and consultation to 28 biotechnology companies. These grants have been used to support biotech companies whose missions are to help patients suffering from cancer, brain tumors, osteoarthritis and cardiovascular disorders.

 

Learn more about the program

more news from Merck



If you have not logged into the website then please enter your details below.



 

 

Popular this Month...

Our Top 10 most popular articles this month

 

Today's Picks...

 

 


 

Looking for a Supplier?

Search by company or by product

 


Company Name:

Product:


 

 

Please note Lab Bulletin does not sell, supply any of the products featured on this website. If you have an enquiry, please use the contact form below the article or company profile and we will send your request to the supplier so that they can contact you directly.

Lab Bulletin is published by newleaf marketing communications ltd

 

 

 

Media Partners