These investments, via the Freemind Investments (FMI) investment platform, fosters further discussions for future collaborations around Parkinson's disease therapeutics as well as Vincere's artificial intelligence platform, which ranges from tools to accelerate drug discovery to algorithms that assist with subject selection in clinical trials.
Vincere Biosciences aims to conquer degeneration, whether in Parkinson's or age-related degeneration, through the discovery and development of small molecules empowered by a suite of computational tools alongside traditional biology and drug discovery expertise. The company is focused on developing first-in-class disease-modifying therapeutics by targeting the modulation of mitochondrial quality control mechanisms such as mitophagy. By increasing mitophagy to sequester and recycle damaged mitochondria, Vincere's compounds increase the ratio of healthy mitochondria and counteract a key deficit in Parkinson's disease as well as in a broad range of other age-related disorders.
'This investment reflects our commitment to strategic collaborations, especially at this pivotal moment of convergence between drug development and artificial intelligence. With the diverse and complementary research approaches among Vincere, Daewoong, and HanAll, we look forward to finding paths to help Parkinson's patients,' said
'By combining efforts and resources, we can accelerate the multi-tiered approach HanAll has undertaken in the Parkinson's space,' added Dr.
'This partnership highlights the joining of forces across a shared mission to deliver disease-modifying medicines for Parkinson's disease,' said
About
HanAll has also expanded its focus to ophthalmology, immunology, oncology, and neurology to discover and develop innovative medicines for patients with diseases for which there are no effective treatments. Its lead pipeline asset, HL161 (INN: batoclimab), an anti-FcRn antibody, is being developed in Phase 3 and Phase 2 trials across the world for the treatment of autoimmune diseases including myasthenia gravis (MG), thyroid eye disease (TED), chronic inflammatory demyelinating polyneuropathy (CIDP), and Graves' disease (GD). Another main asset, HL036 (INN: tanfanercept), a TNF-alpha inhibitor protein, is being evaluated in Phase 3 clinical studies in the US and
About
Established in 1945,
About
Vincere Biosciences was founded in 2018 with a focus on the development of mitophagy-based therapeutics for neurodegenerative and other age-related diseases. These efforts are empowered by a unique suite of computational tools, coupled with traditional biological expertise and rational drug design strategies. Vincere is Latin for 'to win,' a constant reminder of the mission to conquer age-related decline.
About
Freemind Investments (FMI) is a novel investment platform developed by the
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