Sweden’s Affibody Inks Inmagene China R&D Pact

Affibody And Inmagene Will Focus On Auto-Immune Diseases

Swedish biotech Affibody hopes an R&D alliance with China-based Inmagene Biopharmaceuticals will speed development of its lead compound for auto-immune diseases.

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Duo aim to commercialize ABY-035 targeting IL-17 • Source: Shutterstock

Affibody AB of Sweden and Inmagene Biopharmaceuticals Ltd. of China have entered a strategic partnership to develop and commercialize the Swedish biotech’s lead asset, a bispecific molecule targeting Interleukin-17A for multiple auto-immune diseases that could be on the market within six years.

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