CAELUM BIOSCIENCES
Caelum Biosciences, Inc. (โCaelumโ) is a clinical-stage biotechnology company developing treatments for rare and life-threatening diseases. Caelumโs lead asset, CAEL-101 (mAb 11-1F4), is a novel antibody licensed from Columbia University in January 2017 for the treatment of amyloid light chain (โALโ) amyloidosis, a rare systemic disease that can lead to vital organ failure and death. Phase 1a/1b data presented at the American Society of Hematologyโs 59th Annual Meeting in December 20... 17, the 16th International Symposium on Amyloidosis in March 2018, the American Society of Echocardiography 29th Annual Scientific Sessions in June 2018 and the American Society of Hematologyโs 60th Annual Meeting in December 2018 support CAEL-101โs potential to be a safe and well-tolerated therapy that promotes amyloid resolution. The data also demonstrated a correlation between a sustained decrease in N-terminal pro-brain natriuretic peptide (NT-proBNP) levels and an improvement in global longitudinal strain (โGLSโ) following CAEL-101 treatment in patients with cardiac AL amyloidosis. CAEL-101 has received Orphan Drug Designation from the U.S. Food and Drug Administration as a therapeutic agent for patients with AL amyloidosis, and as a radio-imaging agent in amyloidosis. In January 2019, Caelum signed a collaboration agreement with Alexion Pharmaceuticals, Inc. (โAlexionโ) to advance the development of CAEL-101. Under the terms of the agreement, Alexion acquired a minority equity interest in Caelum and an exclusive option to acquire the remaining equity in the company based on Phase 2 data for pre-negotiated economics. Alexion will make payments to Caelum totaling $60 million, including the purchase price for the equity and milestone-dependent development funding payments.
CAELUM BIOSCIENCES
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Industry:
Biotechnology
Address:
Princeton, New Jersey, United States
Country:
United States
Website Url:
http://www.caelumbio.com
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Active
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