Tag: Peter Buckel

Company News: SuppreMol Obtains Option to In-License Antibody Against Interleukin 3 for Rheumatoid Arthritis

SuppreMol GmbH, a privately held biopharmaceutical company developing innovative therapeutics for the treatment of autoimmune diseases, today announced that it has closed an agreement to in-license an antibody directed against interleukin 3 (IL-3), which has been developed by the Molecular Immunology research group led by Prof. Dr. Matthias Mack at the University of Regensburg.

IL-3, a growth factor primarily produced by activated T cells, stimulates growth and differentiation of monocytes, basophils and other leukocyte populations from the bone marrow in an immune response. Recently, the team of Prof. Mack was able to demonstrate that IL-3 plays an important role in the onset of Rheumatoid Arthritis, an autoimmune disease characterized by a chronic inflammation of the joints and other organs affecting up to one percent of the population in the industrialized world. The disease commonly leads to significant disability and reduction in the quality of life and is connected with significant costs for patients and the health care systems.

Therapy with an antibody-based IL-3 inhibitor, either in early stages or during flares and exacerbations, may provide a new class of treatment for patients suffering from Rheumatoid Arthritis.

Further details can be found here.


Company News: SuppreMol closes C round, receives grant

Munich-based biotech company SuppreMol this month announced the closing of a EUR15.5 M C round as well as receiving a EUR1.6 M public research grant.

The money will be used for the GMP production and further clinical studies of its lead candidate SM101, a recombinant, soluble, non-glycosylated version of the Fc gamma receptor IIb. SM101, which has been granted orphan drug designation in the European Union and in the US, has already entered Phase Ib/IIa clinical studies in Primary Immune Thrombocytopenia (ITP), with interim results anticipated for next year. In addition, the company plans to initiate a Phase IIa study in Systemic Lupus Erythematosus (SLE) mid next year.

Moreover, SuppreMol will explore the therapeutic potential of  SM101 in Lupus Nephritis, a subcategory of this autoimmune disease affecting primarily the kidneys, and evaluate the compound in animal models for the treatment of Chronic Obstructive Pulmonary Disease (COPD). Last not least, the funds will be used for the preclinical development of an anti-FcgRIIb monoclonal antibody, which, due to the different properties of this molecule compared to SM101, may have beneficial therapeutic potential in certain autoimmune diseases.

The C round was led by MIG AG with BioMedPartners AG  as co-lead. The other existing investors Santo Holding GmbH, KfW Mittelstandsbank, Bayern Kapital GmbH and Max-Planck-Gesellschaft also participated in the round which was joined by FCP Biotech Holding GmbH as new investor.