Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers A > Headlines for Avanir Pharmaceuticals Inc. > News item |
Avanir gets $2 million NIH grant for anthrax antibody
By Elaine Rigoli
Tampa, Fla., June 30 - Avanir Pharmaceuticals Inc. has been awarded a $2 million grant from the National Institutes of Health/National Institute of Allergy and Infectious Disease under its cooperative research partnerships for biodefense program.
The grant provides funds to establish a current good manufacturing practices manufacturing process and to test efficacy of the fully human monoclonal antibody treatment against inhalation anthrax in non-human primates.
If successful, these preclinical studies can be used to support the filing of an Investigational New Drug application for Avanir's potential anti-anthrax drug candidate, AVP-21D9.
"Given the substantial resources required to scale up this technology relative to Avanir's size, we hope this vote of confidence from the government serves as a catalyst to attract additional funding or interest from potential partners interested in large molecule discovery and/or biodefense therapeutics," president and chief executive officer Eric K. Brandt said in a news release.
San Diego-based Avanir is focused on developing therapeutic products for the treatment of chronic diseases.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.