Author: Michele Neisemann

Mind the Gap: Understanding How to Progress Your Project Towards Translation

Mind the Gap: Understanding How to Progress Your Project Towards Translation

Author

Date

BioCurate

May 17, 2023

The "Gap” or "Valley of Death” is often mentioned in discussions of translation and commercialisation in biomedical research. It's vaguely understood as the space between the preclinical and clinical; the disconnect between basic scientific findings in a laboratory and a tangible product for patient use.

While there are many reasons why a promising discovery fails to translate into a treatment, in Australia, there is a distinct phenomenon whereby projects are unable to reach a stage where they are attractive for investment by pharmaceutical companies, venture capitalists, government or philanthropic organisations. It’s possible for research on a potential target to be published in a high-impact journal but not generate any interest for further commercialisation from the broader sector. The BioCurate team brings funding, industry expertise and hands-on management to help scientists translate their promising biomedical discoveries into high quality preclinical candidates to accelerate commercial outcomes. 

Why does this gap exist, what is the experimental data needed to bridge this gap and how exactly can BioCurate help?  

 

What makes a project attractive for investment?

Projects need to be attractive to investors. The process of bringing a novel treatment to regulatory review and approval can take more than 10 years and over USD $200 million (using the example of development of a small molecule in oncology). With such financial risk, only the most promising projects with the greatest commercial opportunity are considered for investment. Therapeutic candidates need to be supported by rigorous, reproducible and robust scientific evidence. That is, there needs to be a convincing case as to why a novel therapeutic candidate should be further developed. 

Projects are attractive for investment when they address: 

  • Unmet medical need 
  • Clear commercial and licensing potential
  • Differentiation (preferably on efficacy) from other approaches on the market, or in clinical development, or from those that have failed in development  
  • Verified link to human disease – target validation  
  • Available and predictive biomarkers 
  • Intellectual property (IP)
    • Must have potential for novel IP. Existing IP is not necessary
    • No known Freedom to Operate (FTO) issues
  • Clearly defined regulatory and clinical pathway
  • Must be supported by robust, reproducible scientific data

 

What is the “gap” and why does it exist?

The therapeutic development pipeline can be segmented into a number of stages. While most modalities will go through similar stages, the processes involved at each stage may vary slightly. The following is the typical pathway in the development of a small molecule drug: 

  1. Basic Research & Target Identification (ID) 
  2. Target Discovery 
  3. Lead Identification 
  4. Lead Optimisation
  5. Preclinical Development 
  6. Clinical Trials 
  7. Regulatory Review & Approval 

Often, biomedical research that takes place in academic settings ends at the Basic Research & Target ID stage. Here, a target of interest (gene or protein) with a potential role in disease is identified through data mining (bioinformatics), genetic association studies, expression profile experiments, pathway and phenotypic analysis or functional screening. 

Industry, however, rarely invests in projects at this stage as it is deemed “too risky.” An analysis by BioCurate has found that the majority of deals are done at the “pre-clinical” stage, not Target Discovery, and that return on investment is highest when exiting at the Lead Optimisation stage (Figure 1). Here, risk has been mitigated to an acceptable level whereby industry is prepared to invest the millions necessary to further develop a candidate.  

Figure 1: Number of 100% Acquisition Deals by Stage

Figure 1: Number of 100% Acquisition Deals by Stage

 

As such, there is an expertise gap between where academic research ends and where industry begins (Figure 2). This gap commonly covers the Discovery Phase which includes Target Discovery, Lead Identification and Lead Optimisation activities. This means that promising projects that have produced high-impact publications may be left languishing with their potential unfulfilled.  

Figure 2: The therapeutic development pipeline typical of a small molecule candidate

Figure 2: The therapeutic development pipeline typical of a small molecule candidate

 

 

How to close the Gap

To close this gap, academic scientists need to undertake further research activities to reach the Lead Optimisation stage. With this data at hand, industry is more likely to invest with the aim of putting a novel therapeutic candidate on market. But what does this entail?

1. Target Discovery and Validation 

At this stage, academic researchers need to experimentally demonstrate that a target is directly involved in a disease process, and that modulation is likely to have therapeutic efficacy. Experiments/tools may include: 

  • Expression analysis
  • Mechanism of Action studies
  • In vitro function assays
  • In vivo validation experiments
  • Bioinformatics

2. Lead Identification or Hit-to-Lead

Here, “hits” from screening campaigns are transformed to “leads” through refinement of compound potency and selectivity. This can include activities such as: 

  • High-throughput assay development
  • Hit identification
  • Secondary and orthogonal screening
  • Hit-to-lead development
  • Structure-based drug design
  • Structure activity relationship studies
  • Target engagement studies

3. Lead Optimisation

This stage involves the refinement of lead compounds, culminating in the identification of a preclinical candidate demonstrating on-target activity and in vivo efficacy. This may involve:

  • Lead characterisation
  • Structure activity relationship studies
  • Optimising lead potency, efficacy & specificity
  • ADME (absorption, distribution, metabolism and excretion) assays
  • Target engagement studies
  • PK (pharmacokinetic)/PD (pharmacodynamic) efficacy studies
  • Pre-GLP (good laboratory practices) toxicology studies

 

Why is it so difficult to close the Gap?

Closing the gap is difficult because of the breadth and depth of expertise needed to undertake, analyse and understand the data generated in the Target Discovery, Lead Identification and Lead Optimisation stages. For example, with the development of a small molecule, these three stages alone may require a team consisting of: 

  • Project leader
  • Computational chemist
  • Medicinal chemist
  • Biochemist
  • Molecular biologist
  • ADME specialist
  • Toxicologist
  • Pharmacologist 

Regardless of the modality, a multidisciplinary diverse team with specialised expertise is critical in providing all the skills and knowledge needed to progress a project. Academic researchers cannot do it alone. BioCurate is here to help close the Gap.  

 

BioCurate’s role 

BioCurate’s team of experts bring hands-on industry experience and a global track-record in the successful development and commercialisation of a range of therapeutic modalities spanning a diverse array of diseases.  

BioCurate is unique in that not only does the company provide funding opportunities, but the BioCurate team works collaboratively with academic researchers in a hands-on manner to conduct discovery activities. As well as BioCurate’s licensed portfolio of projects that receive funding and expertise to reach the “exit” stage of investment by Venture Capital or large Pharma after Lead Optimisation, BioCurate provides support for early-stage projects so that they can achieve the first steps described above. By funding early Proof of Concept studies and then actively driving the translation of projects utilising the team’s expertise in rigorous biopharma business practices, BioCurate is there for the long haul, as opposed to many other funding bodies. 

BioCurate is committed to supporting and mentoring talented academic researchers to help translate their projects, and to ultimately fulfill our joint vision of delivering clinical impact to patients through the development of new therapies. 

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2022 Annual Report

2022 Annual Report

Author

Date

BioCurate

March 30, 2023

Annual Report for the year ended 31 December 2022.

The 2022 Annual Report outlines BioCurate progressing the portfolio through key stage gates and growing the pipeline of early-stage projects through an expansion of the Proof of Concept Scheme (POC). A successful fourth round of BioCurate Opportunity Applications (BOA) was completed as well as the generation of novel projects by the BioCurate team. This builds on the strong foundations and positive momentum gained over the previous years towards BioCurate’s mission to commercialise potential therapeutic candidates and create impact on the lives of patients.

BioCurate 2022 Annual Report

 

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BioCurate Secures Renewed Funding Commitments, Announces Leadership Changes

BioCurate Secures Renewed Funding Commitments, Announces Leadership Changes

Author

Date

BioCurate

March 09, 2023

BioCurate, an independently operated joint venture between The University of Melbourne and Monash University, with support from the Victorian State Government, announced today it has secured renewed funding commitments from its shareholders, totalling $20m ($10m each).

Combined with funds in reserve, the renewed commitments enable the continued delivery for several years against BioCurate’s mission to grow the Victorian and Australian biotech sector by translating promising early-stage research into high-quality, preclinical pharmaceutical candidates.

Funding will support the advancement of projects already in BioCurate’s portfolio, in therapeutic areas from oncology to anti-infectives, along with new projects identified for support under BioCurate’s Proof of Concept Fund.

The BioCurate board also announced several leadership changes, including the resignations of CEO, Dr. Damien Bates, and COO and Company Secretary, Linda Peterson, and the promotion of Dr. Chris Chan, to Executive Director, Research and Development.

Dr. Bates, who joined BioCurate four years ago and has served as CEO since 2021, is stepping down in April to take on a new role as Vice President, Head of Cell Therapy Development at Novo Nordisk, based in the United States.

Ms. Peterson, who has served as COO and Company Secretary since the company’s inception in 2016, will step down in March and is planning a short career break before taking on new opportunities in the sector.

Dr. Bates and Ms. Peterson have contributed enormously to BioCurate’s progress during their tenures, helping to build an exceptional team, strengthening the profile and reputation of the organisation across academia and industry, and attracting a stable of renowned industry partners.

The board has commenced its search for Dr. Bates and Ms. Peterson’s replacements.

Dr. Chris Chan, who is being promoted to Executive Director, Research and Development, joined BioCurate four years ago as Director of Protein Therapeutics. His promotion recognises his significant expertise & track record in commercialising research, and driving projects through key milestones. As Executive Director, Dr. Chan will lead BioCurate’s scientific teams and provide expert oversight across its portfolio of projects.

BioCurate has built a portfolio of promising research projects, which are receiving expert translational support from BioCurate and its industry partners. In addition, BioCurate’s Proof of Concept Fund is providing focused mentorship and support to research teams whose projects require additional experimental validation, with a view to bringing them into the BioCurate portfolio.

The Hon. John Brumby AO, Chair of the BioCurate Board, said:

“BioCurate is an important force in Australia’s biomedical research sector. The renewed funding is a vote of confidence and gives BioCurate the runway to continue its important work in translating discoveries from Victoria’s world-class bioscience laboratories into high quality therapies that can save and improve people’s lives.”

“The board and I are deeply grateful for the contributions Damien and Linda have made. Their passion and dedication have been instrumental in shaping BioCurate into what it is today. We wish them the very best in their future endeavours.”

“We congratulate Dr. Chan on his well-deserved promotion. BioCurate’s scientific teams and portfolio of projects will benefit from his significant experience and leadership and we look forward to working with him in his new role.”

Ken Jefferd, Managing Director, Research, Innovation and Commercialisation at The University of Melbourne, said:

“BioCurate is building important capabilities and expertise in translating local discoveries from our laboratories into commercially viable therapies. We remain committed to the collaborative BioCurate model, and are excited about its potential to make a real difference in tackling disease and solving some of the world’s most pressing health challenges.”

Leigh Petschel, Chief Financial Officer and Senior Vice-President, at Monash University, said:

“BioCurate provides a critical bridge between our world-class local medical researchers and industry, so our most promising discoveries have the best chance of becoming viable medicines that deliver real world impacts. We are pleased to extend our funding commitment and continue our work with BioCurate to drive positive health outcomes and economic returns.”

About BioCurate

BioCurate is a bold, collaborative venture, dedicated to delivering benefits to the community by helping to advance Australian research and innovation globally. Jointly formed by the University of Melbourne and Monash University, with support from the Victorian State Government, BioCurate identifies promising biomedical research discoveries and manages their translation into high quality pre-clinical candidates with the aim to develop potential novel human therapeutics.

We operate in the under-resourced, yet critical, early phases of therapeutic development to overcome common barriers to success and drive early decisions. BioCurate is operationally independent, with a team of experts that brings decades of scientific and commercial expertise, enabling us to recognise and realise real-world potential and providing a critical bridge between academia and industry.  Governance is provided by an experienced Board with an independent Board Chair, the Hon John Brumby AO, supported by Directors with specialist backgrounds in biotechnology, investment and corporate governance.

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Navigating Publications, Presentations and Patents

Navigating Publications, Presentations and Patents

Author

Date

BioCurate

August 17, 2022

BioCurate understands that for academic scientists, public disclosures of their research in the form of publications are key to career progression and being competitive for grants and awards. However, if this research is focused on potential products (e.g. new drug therapies), such public disclosures impact the ability to patent and therefore commercialise a novel discovery.

This tension often leads to the misconception that academic scientists must choose one or the other.

Fortunately, publication and commercialisation are not mutually exclusive and, when planned carefully, will be advantageous for both the academic and commercial partner. There is a way to safely continue publishing papers while progressing a project along the development pipeline with a well-considered publication strategy.

 

What is considered public disclosure and how does it affect commercialisation?

The forms of “public disclosure” can include publications as well as abstracts, posters, and oral presentations at conferences and meetings. This also includes presentations within your own institution.

Any public disclosure of your work by you, or others, may be used by patent examiners as examples of “prior art.” Prior art is any information (art) that may demonstrate that the perceived novelty in potential intellectual property (IP) does not actually exist, as that information was publicly available prior to an application for legal protection of the potential IP.

While public disclosures may vary in their extent, timing and audience, if they are not carefully and strategically planned, they risk the future of a promising potential therapeutic.

 

What is a publication strategy?

A good project will achieve both publication and commercialisation. When a project starts, a publication strategy should be developed in conjunction with the timeline. With careful planning, publications can add value to commercial deals.

Exploratory biology publications are good as they attract interest to the area. However, it is key to maintain one’s competitive advantage (e.g., by avoiding premature disclosure of a validated target (or means of targeting) to maintain one’s developmental lead time) so that you preserve the possibility of being first to market and still attract investors further down the development pipeline by offering them something of value that they themselves have not yet explored.

Publications around development of the novel therapeutic itself need to be carefully staged. For example, if you are developing a small molecule drug, it is desirable to create more than one chemical series. One series could be developed as a “tool compound” which can be disclosed and published. The other series (or multiple series) would be developed as the potential drug candidate and advanced along the drug discovery pipeline with no external disclosures (see Figure 1).

 

Figure 1: Example small molecule project timeline with publications and patents

 

A similar approach applies to other therapeutics such as antibodies. Antibody sequences we well as their mechanism of action (if unique) should not be disclosed and/or published until an appropriate value inflection point (see Figure 2). This applies to both therapeutic antibodies and ‘tool’ antibodies such as ‘surrogates’.

 

Figure 2: Example antibody project timeline with publications and patents

 

When to Apply for a Patent

Timing of patent filing is crucial. Only patent when you have something of true value to investors. Filing for a patent too early will reduce the time window for recouping costs and providing a return on investment. As such, in order to attract the large amount of industry investment required to take a candidate drug through clinical trials, sufficient patent life must remain at the end of that process.

To get a patent granted, you need to be able to make novel and non-obvious claims, and a strong patent position is essential to attract investors. Patents with broad unexemplified claims will incur significant costs and time as they will almost definitely be subject to rejections once they reach national phase.

You also need to ensure that no earlier patent (including your own!) will count as prior art against you.  Remember that as soon as a patent publishes (18 months after the earliest priority date), everything contained within is public knowledge. Should you decide your invention needs more work your patent will be cited by examiners as prior art against your new claims.

 

Different Types of Patents

There is no such thing as a novel target. The genomes of most species have been sequenced, and all potential targets are public knowledge. It is the application of the target to a disease process, uncovering its function, and means of therapeutic use which is valuable IP.

If a target has been linked to a novel biology, a ‘methods of use’ patent application could be filed. This will protect the new biological concept, link to disease, and therapeutic mechanism of action. A ‘methods of use’ patent could apply to using existing reagents for a new purpose (e.g., use of existing monoclonal antibody for a companion diagnostic).

Even if there is no linkage of a target to a disease process or novel function, but a new therapeutic (and variants thereof) is being developed, a ‘composition of matter’ patent application should be filed. This protects the novel sequence of your therapeutic antibody or the inventive medicinal chemistry steps to make a therapeutic small molecule and will claim some of the characteristics of the molecule (i.e., potency, cross-reactivity, and/or developability). A composition of matter patent for a final therapeutic is typically filed after a ‘methods of use’ patent and, since it defines and protects your actual drug candidate, is the basis of the drug’s potential value. Thus, protecting this IP and filing it as late as possible is preferred.

 

How can BioCurate help?

BioCurate is committed to supporting researchers in achieving impact from their research and advancing their career through publications. This commitment, together with extensive knowledge and experience  working at the intersection of research and industry, enables the BioCurate team to develop a publication strategy that can result in desired academic and commercial outcomes.

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Jaclyn Sceneay: Ready to Take Drug Targets from Early Stage to Clinical Trials

Jaclyn Sceneay: Ready to Take Drug Targets from Early Stage to Clinical Trials

Author

Date

BioCurate

April 21, 2022

Dr Jaclyn Sceneay is the newest BioCurate team member and brings a wealth of expertise and experience from across academia and industry. After a number of years in the biotechnology hub of Boston in the United States, Jaclyn has returned to Melbourne to share the insights she has gained along the way and to make an impact in translating new biomedical discoveries.

Having completed her PhD in immuno-oncology at the Peter MacCallum Cancer Centre, Jaclyn moved to Boston for her postdoctoral studies. Being immersed in the city, she saw the opportunities in industry- how it opened doors to other prospects and aspects of biotechnology, how it would give her a better understanding of drug discovery, and how it could help her make an impact on clinical practice and the lives of patients.

“Academia often paints industry in a negative light, but you learn so much in industry. You learn about what makes a good drug or drug target outside of just compelling biology, which is knowledge you would rarely be exposed to in academia,” explained Jaclyn.

Moving to Seres Therapeutics and then Bristol Myers Squibb (BMS), Jaclyn not only learned about what makes a drug possible but also the many stages a promising candidate could fail. Here, she worked on projects covering a broad range of modalities and therapeutics, from microbiome therapeutics to protein degraders to small molecule inhibitors, while deepening her knowledge of the specificities of each modality and her understanding of key concepts such as pharmacodynamics and pharmacokinetics.

As part of her role as Principal Scientist at BMS, Jaclyn scanned internal screens, projects from collaborations with academic scientists and the literature for potential drug targets. From there, she wrote proposals as to the viability of the drug target, analysing its biology, chemistry and the competitive landscape for the target. For targets that progressed, then began the experiments. Jaclyn managed a multi-disciplinary team of biologists, chemists, toxicologists, and in vivo pharmacologists to help meet the milestones for proof of concept, hit identification, hit-to-lead, lead nomination, and in vivo studies, after which the project would have been handed to the clinical team ready for Investigational New Drug Application (IND) filing with the Food and Drug Administration (FDA). “Over my time at both Seres and BMS, seeing a promising drug target progress through towards clinical trials, was enormously gratifying,” said Jaclyn. “I’m excited to do the very same thing at BioCurate alongside researchers around Melbourne.”

The ease with which she switched and jumped between projects, Jaclyn credits to her time in academia. Jaclyn commented, “The experience of a PhD and postdoctoral research helped me gain a broader understanding of different types of biology. In industry, especially in a large biotech company, you need to be able to adapt to new projects outside your field of expertise, read the literature, and then digest that information. It was easier and faster when you already had a solid foundation in the biology.” She also believes the soft skills scientists develop in academia are often underappreciated. The postdoctoral experience of being tasked to independently drive research was critical in her professional development, as was the time spent on crafting abstracts, talks and grant proposals. “Writing a proposal for a potential drug target, you have to understand…why should I or anyone else care? Which is certainly a question I had to answer many times to other scientists and grant panels during my time in academia and a skill I took into industry.”

Her best piece of advice for academic scientists is to understand that “just because a target isn’t a good drug candidate, doesn’t mean the research isn’t informative.” Having seen a fair few projects meet an early demise, Jaclyn has learnt the importance of letting go. However, she understands how difficult this may be. “Many academics have built their careers, their livelihoods on one or a handful of genes or proteins, so there can be a strong emotional attachment. But in industry, if a project doesn’t meet a milestone, it gets dropped. There is a high rate of attrition on early drug discovery programs, and this is because the bar is very high to ensure only the projects with the best chance of success make it through.” It is a matter of reframing, Jaclyn believes. “Negative” data is still a part of the data package that forms around a drug target and helps inform future projects of any potential pitfalls, adding to the wealth of information and knowledge that moves the drug discovery process forward.

“And when a project ends, it is only ending now. It’s not necessarily forever. Look at protein degraders which have the potential to target previously “undruggable” targets through a mechanism of action only recently identified. We are only now realising the potential, when it wasn’t possible before. Technology moves swiftly and has made these types of drugs possible. It’s all about being resilient while knowing when to pivot.”

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2021 Annual Report

2021 Annual Report

Author

Date

BioCurate

March 30, 2022

Annual Report for the year ended 31 December 2021.

The 2021 Annual Report highlights BioCurate’s expansion of the early pipeline and the driving of portfolio projects through key development milestones. This progress towards the BioCurate’s key translation-related goals is the result of strong foundations, the growth and intense focus of the project team, and the partnership with Monash University and the University of Melbourne.

BioCurate 2021 Annual Report

 

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BioCurate Board pleased to announce Dr Damien Bates as CEO

BioCurate Board pleased to announce Dr Damien Bates as CEO

Author

Date

BioCurate

October 01, 2021

On 1 October 2021, Dr Damien Bates was appointed CEO of BioCurate. This is more positive news for the Company and provides the crucial skills, continuity and leadership essential for the ongoing success of BioCurate.

Damien joined BioCurate as Chief Scientific Officer and Head of Translational Medicine in May 2019.  He has played a critical role in driving the progression of projects along their respective development pathways through close collaborations with the Universities’ researchers and innovation staff, implementation of industry best practice across all aspects of project management, portfolio evaluation, industry engagement and resource allocation, and strong staff support and management.

Since being appointed as Acting CEO earlier in the year, Damien has worked closely with the BioCurate Board and management team to position the company strongly and achieve a number of important milestones, including:

Establishment of oncology start-up company Pio Therapeutics Pty Ltd (Pio Tx)

  • Commercial vehicle for research emanating from Monash University.
  • Company now fully incorporated with two Shareholders, Monash Investment Holdings and BioCurate, and an Independent Chair appointed.
  • Mission to develop novel, innovative and targeted medicines that increase endogenous anti-tumour immunity that addresses current clinical challenges associated with immunotherapy.

Pipeline building initiatives

  • Revision and streamlining of the BioCurate Opportunity Assessment (BOA) process
    • Two rounds each year.
    • Eligible projects to be sourced from University of Melbourne, Monash University and their respective affiliated medical research institutes (MRIs).
  • New Proof of Concept Fund implemented, with two projects awarded to date and additional projects undergoing evaluation.
    • Opportunity for researchers to obtain targeted funding and industry-informed, expert guidance to help get their early project on a clear translational pathway.
  • Showcasing researchers’ translation success stories via a range of platforms including promotional videos, media release, social media, press article and Shareholder’s communication channels.
  • Helping to build understanding of the translational and commercial process required for successful novel drug development via focused information sessions.

Advancement of portfolio projects

  • All projects continuing to progress through their Go/NoGo milestones.

Assistance with expansion of the Board and Investment Committee

  • Additional members appointed with international experience in drug development and asset management.

 

BioCurate Chair, The Hon John Brumby AO commented “I am confident that with Damien’s leadership, our talented staff and committed Board and Shareholders, we will be able to continue delivering on our mission of translating medical research into high quality preclinical candidates for the bio-pharmaceutical industry and eventually new safe & effective therapies for the community.”

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BioCurate and Monash University accelerate research into targeted treatments for triple negative breast cancer

BioCurate and Monash University accelerate research into targeted treatments for triple negative breast cancer

Author

Date

BioCurate

August 02, 2021

The first award under BioCurate’s new “Proof of Concept” fund has been granted to the Monash Biomedicine Discovery Institute (BDI). This award will support the key research needed to determine the effectiveness of targeting two proteins that could lead to novel, targeted treatments for triple negative breast cancer (TNBC) and other poor prognosis cancers.

The research, led by Professor Roger Daly, who heads the BDI’s cancer program, has already identified two proteins that are required by TNBC cells to grow. These proteins represent potential targets for small molecule drugs that could be used to treat this type of cancer.

Triple negative breast cancer represents around 15 percent of breast cancers and is an aggressive form of cancer with limited therapy options. Chemotherapy is the most common treatment, but has detrimental side effects that negatively affect quality of life.

“Our aim was to identify new targeted treatments that could avoid the side effects of chemotherapy. To do this we applied a screening approach that characterizes cellular proteins that transmit growth regulatory signals in the cancer cell,” said Professor Daly. “Understanding this is important because now we can identify new targets to go after that may open up new therapies against this devastating disease.”

“Following a rigorous selection process we are excited to provide our first Proof of Concept funding to this early stage research.  We believe it has significant clinical potential and aligns perfectly with our mission to translate medical research into high quality pre-clinical candidates. Hopefully this will be a key funding bridge to further collaboration and investment,” said BioCurate Acting CEO, Dr Damien Bates.

Professor John Carroll, Director of Monash BDI, said that the BDI vision has long been to foster an innovation-led research environment where researchers are encouraged to develop and maintain strong links with industry.

“We are thrilled to work with BioCurate to help accelerate this research into the development of new cancer therapies,” Professor Carroll said.

 

 


 

About BioCurate

Jointly formed by the University of Melbourne and Monash University, with support from the Victorian State Government, BioCurate identifies promising biomedical research discoveries and manages their translation into high quality pre-clinical candidates for novel human therapeutics. We operate in the under-resourced, yet critical, early phases of therapeutic development to drive early decisions and overcome common barriers to success.

BioCurate is operationally independent, with a team of experts that brings decades of scientific and commercial expertise, enabling us to recognise and realise real-world potential and providing a critical bridge between academia and industry. With an extensive, global network within the biotechnology sector, we are well positioned to drive the most feasible commercial path forward for Australian innovations.

For more information about BioCurate, visit www.biocurate.com

Follow us:  LinkedIn Twitter

 


 

About the Monash Biomedicine Discovery Institute at Monash University

Committed to making the discoveries that will relieve the future burden of disease, the newly established Monash Biomedicine Discovery Institute at Monash University brings together more than 120 internationally-renowned research teams. Spanning six discovery programs across Cancer, Cardiovascular Disease, Development and Stem Cells, Infection and Immunity, Metabolism, Diabetes and Obesity, and Neuroscience, Monash BDI is one of the largest biomedical research institutes in Australia.  Our researchers are supported by world-class technology and infrastructure, and partner with industry, clinicians and researchers internationally to enhance lives through discovery.

 


 

Media contact

Wendy Smith – Communications Manager Monash University
E: wendy.smith1@monash.edu
T: +61 (0) 425 725 836

For more Monash media stories, visit our news and events site

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BioCurate expands Board and Investment Committee to support next phase of growth

BioCurate expands Board and Investment Committee to support next phase of growth

Author

Date

BioCurate

June 25, 2021

BioCurate, an independently operated joint venture between the University of Melbourne and Monash University, and with support of the Victorian State Government, today announced the appointment of Dr Marie Lindner as an Independent Director on the BioCurate Board and member of the Investment Committee, and of Josephine Wu as an independent member of BioCurate’s Investment Committee.

BioCurate is excited to have these two highly-skilled women with extensive international experience join the Company and provide guidance to our mission to translate new discoveries into novel therapies and take these to the global market.

Dr Marie Lindner has worked in executive roles in pharmaceutical, biotech, venture capital, start-up and medtech companies with experience across therapeutic areas and modalities for over 30 years. This has included working in business and clinical development at several medium-large biotech and pharma companies, such as Novartis Pharmaceuticals, co-founding two startups, being a partner at a startup biotech VC group, and playing a senior role in a cell therapy company.

Marie also has experience as a practising clinician, having been a board-certified doctor specialising in internal medicine and clinical nutrition at the Hospital of the University of Pennsylvania and the Children’s Hospital of Philadelphia. Now retired, Marie maintains several consultancies and is active on a number of boards.

“I am delighted to bring my global experience to support this innovative Melbourne venture succeed in the development of novel therapeutics, and to highlight to the world the exciting combination of pairing high quality medical research with the capability of BioCurate’s world class team,” said Marie.

Josephine Wu has over 19 years of hedge fund, family office and global asset management experience including over 10 years of listed, pre-IPO and early-stage Pan-Asia healthcare investment experience. She is the founder and current CIO of Aionious Capital Limited, a dedicated healthcare investment company which invests and provides business development and commercialisation strategies in the pan-Asia region, specifically in China.

Josephine brings an extensive network of experts in operational, clinical, market positioning and regulatory knowledge in the Pan-Asia healthcare landscape. Her investments in healthcare companies at different stages have led to the successful commercialisation launches of pharmaceutical products, regulatory approvals, and the signing of strategic partnerships in commercialisation transactions and IPOs.

“Australian universities are renowned for their high-quality research. With that, I am excited to apply my specialised global investment experience and knowledge to help commercialise this research into products that will be available to patients around the world,” said Josephine.

We welcome Marie and Josephine to BioCurate and look forward to working with them as the Company embarks on its next phase of growth.

Click here to read more about Marie.

Click here to read more about Josephine.


 

About BioCurate

BioCurate is a bold, collaborative venture, dedicated to delivering benefits to the community by helping to advance Australian research and innovation globally. Jointly formed by the University of Melbourne and Monash University, with support from the Victorian State Government, BioCurate identifies promising biomedical research discoveries and manages their translation into high quality pre-clinical candidates with the aim to develop potential novel human therapeutics.

We operate in the under-resourced, yet critical, early phases of therapeutic development to overcome common barriers to success and drive early decisions. BioCurate is operationally independent, with a team of experts that brings decades of scientific and commercial expertise, enabling us to recognise and realise real-world potential and providing a critical bridge between academia and industry. Governance is provided by an experienced Board with an independent Board Chair, the Hon John Brumby AO, supported by Directors with specialist backgrounds in biotechnology, investment and corporate governance.

For more information about BioCurate, visit www.biocurate.com

Follow us:  LinkedIn Twitter

 


 

Media contact

Linda Peterson, COO and Company Secretary
E: l.peterson@biocurate.com

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BioCurate and Monash University launch oncology startup company, Pio Therapeutics

BioCurate and Monash University launch oncology startup company, Pio Therapeutics

Author

Date

BioCurate

May 18, 2021

BioCurate today, together with Monash University announced the launch of Pio Therapeutics (Pio Tx), a new company that will focus on developing novel, innovative and targeted medicines to improve outcomes for cancer patients.

The launch of Pio Tx demonstrates the benefits and potential of the BioCurate model. Jointly formed between Monash University and the University of Melbourne with generous support from the Victorian State Government, BioCurate aligns financial resources with proven scientific and commercial experience to accelerate the commercialisation of promising biomedical research.

Pio Tx’s mission is to develop novel, innovative and targeted medicines that increase endogenous anti-tumour immunity. It will focus on expediting further development of its first-in-class agonist antibody, PIO-001, that addresses current clinical challenges associated with immunotherapy, such as improving the rate and quality of responses in a variety of solid tumours.

The research that led to the discovery and initial characterisation of PIO-001 was conducted at Monash University’s Biomedicine Discovery Institute in the laboratories of Professor Charles Mackay, Professor Di Yu, and Dr Remy Robert.

This launch is a major milestone representing another example of the Monash and BioCurate vision that sees collaboration moving exceptional research forward into commercial tangible benefits for the community.

A world-class team has been assembled to lead Pio Tx, combining decades of international scientific and commercial expertise, with proven success in therapeutic discovery, preclinical, clinical, regulatory, and commercial stages of drug development.

Dr Damien Bates, Acting CEO of BioCurate, and CEO & Managing Director of Pio Tx, commented, “Pio Tx is the culmination of many months of hard work by a highly dedicated and collaborative team. It’s an incredibly exciting development that shows what can happen when outstanding research in Australia’s universities receives commercially focused research translation and financial support, helping to turn biotech discoveries into viable therapies.”

Dr George Morstyn, a pioneering drug developer with many years’ experience in the biotechnology industry, has been appointed Chair of Pio Tx. “Having worked in global and local drug development companies for over 25 years and experienced first-hand what it takes to drive a promising discovery through to clinical impact, I am confident that BioCurate has a team of very accomplished drug developers – I am genuinely thrilled, and honoured, to be part of this exciting initiative.”

Dr Alastair Hick, Senior Director of Monash Innovation and member of the Pio Tx Board, adds ‘I am looking forward to being part of this new company and continuing to develop strong links with industry, government and partners to leverage our research. This collaboration is a great example of bringing some of the best people together to bring fundamental discoveries to market.’

Click here to find out more information about Pio Tx.


 

About BioCurate

BioCurate is a bold, collaborative venture, dedicated to delivering benefits to the community by helping to advance Australian research and innovation globally. Jointly formed by the University of Melbourne and Monash University, with support from the Victorian State Government, BioCurate identifies promising biomedical research discoveries and manages their translation into high quality pre-clinical candidates with the aim to develop potential novel human therapeutics.

We operate in the under-resourced, yet critical, early phases of therapeutic development to overcome common barriers to success and drive early decisions. BioCurate is operationally independent, with a team of experts that brings decades of scientific and commercial expertise, enabling us to recognise and realise real-world potential and providing a critical bridge between academia and industry. Governance is provided by an experienced Board with an independent Board Chair, the Hon John Brumby AO, supported by Directors with specialist backgrounds in biotechnology, investment and corporate governance.

For more information about BioCurate, visit www.biocurate.com

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About Monash University

Monash University is Australia’s largest university. In the 60 years since foundation, we’ve built a reputation for world-leading, high-impact research, quality teaching, and inspiring innovation and learning culture.

Our size and scale – along with our growing global network – enable us to dial-up our education and research on an international scale. With four campuses in Australia, and a presence in Malaysia, China, India, Indonesia and Italy, our people are part of a thriving connected community.

At Monash, we’re redefining what it means to be a university. We transcend disciplines and boundaries, going beyond education and research to see the connections and intersections that others don’t. Our role is as a catalyst for resolving the complex challenges facing our world now and for every generation to come. And we know that it’s through deep, robust, sustainable partnerships with industry, government and the community that we’re going to do it.

Click here to learn more about Monash University.

 


 

Media contact

Scott Thomson
Forge Communications
scott@forgecomms.com

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