4basebio Plc Joint Development Agreement with Leucid Bio
November 23 2021 - 1:00AM
UK Regulatory
TIDM4BB
23 November 2021
4basebio PLC
("4basebio", the "Company" or the "Group")
Joint Development Agreement with Leucid Bio
for novel CAR T-cell production methods
4basebio PLC (AIM: 4BB), the specialist life sciences group focused on
exploiting intellectual property in the field of cell and gene therapies and
DNA vaccines, is pleased to announce a Joint Development Agreement ("JDA")
between its wholly owned subsidiary 4basebio Discovery Limited and Leucid Bio
Limited, a biotech company pioneering next-generation Chimeric Antigen Receptor
T-Cell ("CAR-T") Therapies for hard-to-treat cancers.
CAR-T therapy is an ex-vivo cell therapy which involves genetically
reprogramming a patient's T-cells to recognise and destroy cancer cells. While
current practice relies on integrating viral vectors to deliver the genetic
payloads to generate the CAR T-cells, non-viral based approaches, such as
MaxCyte's electroporation technology, are gaining popularity given their
scalability, improved safety profile and flexibility in delivering payloads
aimed at creating allogeneic, off-the-shelf CAR T-cells.
Under the JDA, the companies will evaluate the use of 4basebio's HermesT
non-viral nanoparticle and synthetic hpDNATM technology for enhanced delivery
of genetic payloads to generate CART-cells. The successful outcome of this
project will pave the way for development of a novel, high-performance and more
cost-effective cell engineering method for CAR-T products.
Leucid Bio recently closed a £11.5m Series A financing round to progress its
ongoing development of next generation CAR-T therapies. The company's pCAR
technology gives properties to the cells that enable them to consistently
outperform previous generations of CAR-T therapies in pre-clinical studies.
Dr Heikki Lanckriet, CEO and CSO for 4basebio, said: "We are very excited to be
working with Leucid Bio, a pioneer in next-generation CAR-T therapies, in
developing a novel cell engineering approach for CAR-T products."
Artin Moussavi, CEO of Leucid Bio, said: "We are delighted to be working with
4basebio in developing a safer, more scalable cell engineering process for the
generation of allogeneic CAR-T therapies using their innovative HermesTM
non-viral delivery platform."
For further enquiries, please contact:
4basebio PLC +44 (0)12 2396
7943
Heikki Lanckriet
Nominated Adviser +44 (0)20 7213
0880
Cairn Financial Advisers LLP
Jo Tuner / Sandy Jamieson
Broker +44 (0)20
7220 0500
finnCap Ltd
Geoff Nash/Richard Chambers/Charlotte Sutcliffe
Notes to Editors
About 4basebio
4basebio (AIM: 4BB) is a specialist life sciences group focused on therapeutic
DNA for cell and gene therapies and DNA vaccines and providing solutions for
effective and safe delivery of these DNA based products to patients. It is the
intention of the Company to become a market leader in the manufacture and
supply of high purity, synthetic DNA for research, therapeutic and
pharmacological use and develop non-viral vectors for the efficient delivery of
payloads. The immediate objectives of 4bb are to validate and scale its DNA
synthesis and advance its collaborations to facilitate the functional
validation of its DNA based products and cell and gene delivery solutions.
About Leucid Bio
Leucid Bio is a pioneering biotech company developing cell therapies for
refractory cancers, especially solid tumours. Leucid was founded to translate
20 years of King's College London (King's) research in the CAR-T field and is
led by a highly experienced management team with both scientific and commercial
expertise. As part of Leucid's ongoing relationship with King's, it benefits
from exclusive access to and resources from the deep scientific, clinical and
manufacturing expertise of Dr Maher and his academic team of immuno-oncology
experts.
Leucid is headquartered in London, UK, with operations based at Guy's Hospital
with its own GMP manufacturing and clinical lab facilities, enabling it to
maintain its patient-centric focus on developing better cell therapies for the
benefit of individuals with hard-to-treat solid tumours.
Forward-looking statements
This announcement may contain certain statements about the future outlook for
the 4basebio. Although the directors believe their expectations are based on
reasonable assumptions, any statements about future outlook may be influenced
by factors that could cause actual outcomes and results to be materially
different.
END
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