Sep 11 2012
Arsanis Biosciences GmbH, an early stage biotechnology company
developing anti-infective human monoclonal antibodies, today announced
the award of two major grants for the development of monoclonal antibody
therapeutics against nosocomial infections. Both grant supports involve
the Austrian Research Promotion Agency (österr. Forschungsförderungs
GmbH or "FFG"), the leading public funding agency for applied research
in Austria.
An EUR 1.54 million FFG support, is given for the 2nd year of
a 4-year "Basisprogramm" project with a total budget of EUR 12.5 million
(with up to 70% funding). A EUROSTARS grant with EUR 4.55 million -
mainly funded by national agencies - is awarded to the KLEBSICURE
consortium with Arsanis as consortium leader, and GATC GmbH (Constance,
Germany), the Max Planck Institute for Infectious Biology (Berlin,
Germany) and the Ludwik Hirszfeld Institute of Immunology and
Experimental Therapy (Wroclaw, Poland) as consortium members.
"Arsanis is building a broad portfolio of anti-infective antibodies
against bacterial infections," commented Eszter Nagy, MD, PhD,
Co-founder and Chief Scientific Officer of Arsanis. "The continued
support from FFG's Basisprogramm is based on the progress of our
antibody discovery efforts towards companion diagnostics and monoclonal
antibody based therapeutics against severe infections caused by Staphylococcus
aureus and multi-drug resistant Escherichia coli. It will
significantly contribute to the timely delivery in the pre-clinical
testing of our product candidates and to initiate GMP manufacturing.
The EUROSTARS grant and the excellent consortium partners will
accelerate the speed of discovery of monoclonal antibody based products
targeting multi-drug resistant Klebsiella pneumoniae."
"Arsanis has assembled a consortium of excellent partners to target an
important emerging pathogen," said Tillman Gerngross, Ph.D. Co-Founder
and Chairman of Arsanis, Inc. "Over the past 18 months Eszter and her
team have built an impressive portfolio of programs in the infectious
disease space and the most recent grant support further validates our
approach."
"These grants will help to reinforce Vienna as an attractive venue for
international biotech investors," said Errik Anderson, Arsanis
Co-founder. Arsanis received funding in 2010 by a syndicate of three
US-based venture capitalists; Orbimed Advisors (New York, NY), Polaris
Venture Partners (Waltham, MA), and SV Life Sciences (Boston, MA).
Source: Arsanis