Ablynx and Algeta enter into collaboration to evaluate Thorium-277 conjugated to nanobodies

22-Nov-2012 - Belgium

Ablynx and Algeta ASA announce a research collaboration to evaluate a novel Targeted thorium Conjugate (TTC) based on combining Algeta’s proprietary thorium-227 alpha-pharmaceutical payload with Nanobodies® generated using Ablynx’s proprietary technology platform.

Under the terms of the collaboration, Ablynx will provide access to novel Nanobodies against a specific, undisclosed target and Algeta will provide access to chelation and conjugation technologies, as well as to its alpha-emitter thorium-227. Both companies will contribute resources towards the collaboration, which is expected to last for up to a year initially with the option for extension thereafter. No further terms have been disclosed.

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