Novartis partners with Albumedix to explore albumin drug delivery platform

Close-up of handshake between person in suit and person in business shirt.
Novartis will evaluate Albumedix’s Veltis drug delivery technology. (Getty Images)

Novartis will partner with Albumedix, a U.K.-based specialist in recombinant human albumin, to explore using the company’s technology as a possible drug delivery platform for several therapies.

Under the agreement, the pharma giant will evaluate Albumedix’s Veltis drug delivery technology, which was developed from engineered human albumin variants. Recombinant albumin is a naturally occurring protein that can be found in human blood. The tech promises the development of novel therapies with tailored delivery and improved drug performance, the company said.

“This collaboration is an excellent example of how our technology platform holds great potential for optimizing the therapeutic performance of pharmaceuticals across a broad range of targets and indications,” Phil Morton, Ph.D., Albumedix’s technology officer, said in a statement.

FREE DAILY NEWSLETTER

Like this story? Subscribe to FierceBiotech!

Biopharma is a fast-growing world where big ideas come along every day. Our subscribers rely on FierceBiotech as their must-read source for the latest news, analysis and data in the world of biotech and pharma R&D. Sign up today to get biotech news and updates delivered to your inbox and read on the go.

Novartis has said it plans to explore the Veltis system for a number of therapies as well as targets, though specific disease targets weren’t disclosed.

GlaxoSmithKline launched a version of its diabetes drug Eperzan back in 2014 that used the Veltis technology that allows patients to dose weekly instead of daily. Albumedix was formed in 2016 when Danish enzyme maker Novozymes spun out its biopharmaceutical capabilities.

Read more on

Suggested Articles

Scott Gottlieb has slipped right back into his old ways, becoming "special partner" at his old life science VC firm New Enterprise Associates.

Novartis, Otsuka, Pfizer and Sanofi will use technology from Verily’s Project Baseline to carry out clinical studies in various disease areas.

Biotech-CRO hybrid Evotec is continuing its buying and collaborating strategy with its acquisition of U.S. biologics company Just Biotherapeutics.