AstraZeneca is making good on its ambitions to pursue novel avenues for respiratory therapies with a deal with Boston-based biotech Pieris Pharmaceuticals to develop inhaled drugs based on its Anticalin platform of engineered proteins that mimic the actions of antibodies.
AstraZeneca Taps Pieris For Inhaled Asthma Anticalins
AstraZeneca is to pay $57.5m to get its hands on biotech Pieris Pharmaceuticals' Anticalin technology to bolster its early stage respiratory portfolio, with a lead product candidate already being prepared for Phase I.
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