Alloy Therapeutics Announces Institutional License Agreement with Scripps Research for its ATX-Gx™ Platform for Fully Human Antibody Discovery

On October 30, 2024 Alloy Therapeutics, a biotechnology ecosystem company dedicated to democratizing access to biologics drug discovery platforms and services, reported that it has entered into an institutional licensing agreement with Scripps Research for its ATX-Gx platform for fully human antibody discovery (Press release, Alloy Therapeutics, OCT 30, 2024, View Source [SID1234647475]). The non-exclusive license enables all Scripps Research scientists to use the ATX-Gx platform for antibody drug and vaccine discovery workstreams. Scripps Research has been at the forefront of biomedical research since its founding in 1924, and its scientists have played pivotal roles in the development of more than 15 medicines approved by the U.S. Food and Drug Administration.

Over the past five years, Alloy’s ATX-Gx platform has become the industry standard for fully human transgenic mouse platforms. The ATX-Gx platform enables therapeutic discovery programs and has been used by over 170 partners. The institutional license with Scripps Research further expands the platform’s reach in vaccine discovery. The ATX-Gx platform, which enables best-in-class in-vivo human antibody discovery, comprises multiple strains of mice that have been engineered to express human antibody genes. These humanized mice produce immune responses that are as robust as wild-type animals but also have immune repertoires similar to those of humans. Antibodies discovered using ATX-Gx mice are highly likely to demonstrate similar activity in humans and require minimal to no optimization before being advanced to preclinical and clinical studies. This platform has the potential to increase the pace and success of vaccine and therapeutic discovery research across a broad array of indications.

"Our ATX-Gx platform has already been validated as a powerful tool for antibody therapeutics discovery, and we are excited that the scientists at Scripps Research are expanding the use of our platform into vaccine development," said Piotr Bobrowicz, Ph.D., President at Alloy. "We look forward to supporting the Scripps Research team as it deploys the ATX-Gx platform and to being part of its success as the institution continues to break scientific boundaries."

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Consolidated Financial Results for the Six-month Period Ended September 30, 2024

On October 29, 2024 NEC reported consolidated financial Results for the Six-month Period Ended September 30, 2024 (Filing, 3 mnth, SEP 30, NEC, 2024, OCT 29, 2024, View Source [SID1234654128]).

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Celaid raised an additional 140 million yen from Kobe University Capital and Techno Science

On October 29, 2024 Celaid Therapeutics reported that it has received a total of 140 million yen in additional Series A funding from KUC1 Investment Limited Partnership (with GP investment from Kobe University Capital Co., Ltd. and SBI University Venture Support Co., Ltd.) and Techno Science Co., Ltd (Press release, Celaid Therapeutics, OCT 29, 2024, View Source [SID1234649810]).

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Our company has been part of the Kobe Biomedical Innovation Cluster since July 2022, and in the same year, our business was selected for the Kobe Biomedical Innovation Cluster Gap Fund Grant. We have been actively participating as a member of the Kobe Biomedical Innovation Cluster since then. Recently, we have also initiated a joint research project with the Kobe Biomedical Innovation Cluster (March 28, 2024) and are advancing research and development of cell therapy for ischemic diseases as a further clinical application of hematopoietic stem cells. In recognition of our progress in pipeline development and platform business, as well as our activities in Kobe, we have now received new investment from the fund managed by Kobe University Capital Co., Ltd.

Additionally, we have received further investment from our existing investor, Techno Science Co., Ltd., bringing our total Series A funding to 1.1 billion yen (excluding grants). With this funding, we expect to further accelerate our pipeline development and platform business activities.

As a leading hematopoietic stem cell company originating from a Japanese university, we will continue to promote the development of hematopoietic stem cell pipelines and platform technologies.

Leidos Reports Strong Third Quarter 2024 Results and Raises Full-Year Guidance

On October 29, 2024 Leidos Holdings, Inc. (NYSE: LDOS) reported financial results for the third quarter of fiscal year 2024 (Press release, Leidos, OCT 29, 2024, View Source [SID1234649390]).

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"Continued improvement in operating performance across all segments drove excellent revenue growth, record margins for net income and adjusted EBITDA, substantial earnings growth, strong cash flow, and robust bookings," said Leidos Chief Executive Officer Tom Bell. "These results demonstrate clearly how our collaborative and innovative workforce is focused on consistent execution for our customers and shareholders. With a healthy balance sheet, improving business development performance, and emerging ‘North Star’ strategy, Leidos is well positioned to deliver robust and sustainable returns as we move forward."

Third Quarter 2024 Earnings Teleconference

On October 29, 2024 Pfizer reported Third Quarter 2024 Earnings presentation (Presentation, Pfizer, OCT 29, 2024, View Source [SID1234649025]).

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