Novozymes Biopharma announces collaboration with Janssen to evaluate proprietary VELTIS® half-life extension technology

Novozymes Biopharma announces collaboration with Janssen to evaluate proprietary VELTIS® half-life extension technology

Copenhagen, Denmark – 13 March 2014 – Novozymes Biopharma, part of Novozymes A/S, a world leader in bioinnovation, has today announced a collaboration with Janssen Research & Development, LLC (Janssen). The agreement will enable Janssen to evaluate  Novozymes Biopharma's engineered albumin-based VELTIS® technology for potential drug candidates.

"We are delighted to be working with Janssen on this important collaboration," says Svend Licht, Senior Director, Novozymes Biopharma. He adds, "The VELTIS half-life extension technology can be linked to a broad range of drug candidates and the agreement is central in our continued strategy to demonstrate its potential to facilitate greater control across many therapeutic fields."

Novozymes' VELTIS technology represents a series of engineered human albumins which, in combination with a drug candidate, offers the potential for tunable control of the therapeutic half-life. The extended half-life of the albumins opens the door towards reducing the dosing frequency of drugs from daily to every two weeks or monthly.

Svend Licht continues, "The VELTIS platform is a transformative technology that offers real potential to revolutionize the delivery of treatments. Working with partners across a wide-range of medical conditions, we are continuing to highlight the benefits of the solution in improving the lives of patients."

Together with this new collaboration, Novozymes Biopharma announces a new brand name for its half-life extension platform. Now known as VELTIS, the technology enhances the pharmacokinetics of peptide and protein drugs, potentially reducing dosing frequency of therapeutics to  once-per-month, while contributing additional benefits through decreased dosage levels and reduced toxicity.

For further information on Novozymes Biopharma's VELTIS technology please visit www.biopharma.novozymes.com

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About Novozymes
Novozymes is the world leader in bioinnovation. Together with customers across a broad array of industries, they create tomorrow's industrial biosolutions, improving their customers' business and the use of our planet's resources. Novozymes Biopharma develops and manufactures high-quality, safe, biological based ingredients and technologies to provide pharmaceutical and medical device manufacturers the knowledge-based solutions needed to address the challenges in developing innovative, safer, and more consistent final products. By combining their unique knowledge around recombinant albumin, half-life extension and hyaluronic acid with the specific application knowledge of their customers, Novozymes is committed to working with companies to deliver improved performance and safety for next-generation of medical device and pharmaceutical products. Read more at www.novozymes.com.