Arecor and GSK collaborate to advance new vaccines
Agree to combine Arecor\'s formulation technologies with GSK\'s vaccines
Cambridge, UK-based biotech business Arecor has joined forces with pharmaceutical giant GlaxoSmithKline to develop advanced formulations of vaccines that will combine Arecor's Arestat formulation technologies with GSK's proprietary vaccines.
Arecor will receive unspecified payments on relevant development milestones and royalties on sales.
Tom Saylor, chief executive of Arecor, said: ‘The relationship with GSK offers Arecor the potential to apply its broad-ranging expertise in biomolecule stabilisation to specific projects with GSK.’
Arecor was established to provide formulation solutions to pharmaceutical and biotech companies developing proteins, vaccines and diagnostics based upon new insights into stabilisation of biologics.
Arestat is a patented set of tools for stabilisation, which address the main pathways of degradation.