News

Biochemical companies receive grant to develop COVID-19 therapeutic

The U.S. Defense Advanced Research Projects Agency (DARPA) recently awarded a two-year $37.6 million grant to a team of scientists to develop an anti-SARS-CoV-2-specific DNA-encoded monoclonal antibody (dMAb) as a therapeutic and preventive treatment for COVID-19.

DARPA is the U.S. Department of Defense and the Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense’s research and development agency.

INOVIO, a biotechnology company focused on designing DNA medicines to treat and prevent infectious diseases and cancer, the University of Pennsylvania, AstraZeneca, The Wistar Institute, and Indiana University received the grant.

INOVIO and Wistar will construct COVID-19 dMAb candidates mirroring AstraZeneca’s traditional recombinant monoclonal antibody candidates. The dMAb candidates will then be advanced into preclinical studies and human clinical trials within one year of funding.

“This public-private partnership allows us to not only broaden the scope and application of our DNA medicines platform across the spectrum of needed COVID-19 treatment modalities but also to open the door for better patient administration and more cost-effective, scalable production of monoclonal antibody products for other infectious diseases and cancers,” Dr. J. Joseph Kim, INOVIO president and CEO, said. “We are excited about the potential this funding offers for both situations requiring immediate clinical response and benefit.”

Melina Druga

Recent Posts

Sen. Ward urges Biden to save jobs by supporting U. S. Steel/Nippon merger

Pennsylvania Senate President Pro Tempore Sen. Kim Ward (R-Westmoreland County) urged President Joe Biden to…

14 hours ago

Vittoria Biotherapeutics names new COO

Vittoria Biotherapeutics, a clinical-stage cell therapy company, recently named Keith Westby as the company’s first…

14 hours ago

Bracalente Manufacturing Group names new head of sales and marketing

Trumbauersville-based Bracalente Manufacturing Group, a manufacturing, supply chain, and logistics solutions provider, recently named Chris…

14 hours ago

U.S. House committee calls for steel production protections

The U.S. House Ways & Means Committee recently held a hearing addressing trade and urged…

2 days ago

Pennsylvania awarded $21M for abandoned mine reclamation

Pennsylvania will receive more than $21 million in federal money to address the health and…

2 days ago

Harmony Biosciences licenses narcolepsy drug

Plymouth Meeting-based Harmony Biosciences Holdings, a company developing treatments for rare neurological diseases, recently signed…

2 days ago

This website uses cookies.