Expanding area of Tolerance-inducing Autoimmune Disease Therapeutics: Key Players
Reporter: Aviva Lev-Ari, PhD, RN
Patients with autoimmune diseases have immune systems that see natural proteins as foreign and attack them. Anokion’s approach to treating such diseases is to use tolerance mechanisms in the body to reeducate the immune system. The company’s technology also allows it to create proteins masked as native to the body that can dial down immune system responses to beneficial drugs.
Key Players in Tolerance-inducing Autoimmune Disease Therapeutics
- Swiss biotech Anokion has sealed a multimillion dollar deal with Celgene to develop candidates in the expanding area of tolerance-inducing autoimmune disease therapeutics. The deal gives Celgene an equity interest in Anokion and the exclusive right to acquire the smaller drugmaker at undisclosed but pre-specified “option exercise points.” The privately-held company stands to receive $45 million upfront under the collaboration and could bring in an additional $10 million if they reach certain preclinical development milestones.
- Parvus Therapeutics, with programs in type 1 diabetes, multiple sclerosis and liver disease in preclinical development, and
- Selecta Biosciences, whose immune tolerance pipeline includes type 1 diabetes and celiac disease.
The global autoimmune disease market could be worth almost $16 billion by 2022, with a projected compound annual growth rate of almost 4%, according an April report from market intelligence firm Intelliroi.