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
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.