Biocon Biologics, a subsidiary of the Bengaluru-based pharmaceutical firm Biocon has received an "exclusive license" from the US-based Adagio Therapeutics to manufacture and commercialize an antibody-based treatment for the coronavirus disease (Covid-19) in India and select markets. Adagio is currently conducting two global Phase 2/3 clinical trials of ADG20, a novel monoclonal antibody targeting the spike protein of SARS-CoV-2 and related coronaviruses as a single agent for the treatment and prevention of Covid-19.
‘Biocon Biologics gets license to manufacture and commercialize the ADG20, a novel monoclonal antibody-based treatment in India.’
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Biocon claimed that ADG20 can effectively neutralize a broad range of coronavirus and its emerging variants of concern including the dominant Delta variant.Adagio has published preliminary data from its ongoing Phase 1 trial in healthy volunteers, which supports ADG20’s safety and pharmacokinetic profile and SARS-CoV-2 neutralizing activity.
With its potential to address resistant variants, including the Delta variant, and its ability to be administered easily as a single, intramuscular injection in the outpatient setting, ADG20 is uniquely poised to address the current need for an effective, safe and convenient therapy for COVID-19.
“This partnership with Adagio aligns our joint vision of bringing superior biologic therapies to millions of patients in low- and middle-income countries," said Kiran Mazumdar-Shaw, Executive Chairperson Biocon Biologics.
"Vaccines alone will not protect and make the world safer. Biologic therapies that arrest the virus in its path of devastation are a necessity for sustainable protection and safety,” Mazumdar-Shaw added.
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