India Pharma Outlook Team | Tuesday, 12 November 2024
SystImmune, Inc (SystImmune), a biotechnology company in the clinical stage, declared that the US Food and Drug Administration (FDA) has approved its Investigational New Drug (IND) application for BL-M17D1, an antibody-drug conjugate (ADC) featuring innovative linker and payload technology. The IND endorses the commencement of a phase 1 clinical trial, BL-M17D1-ST-101, to assess the safety, tolerability, pharmacokinetics, and initial efficacy of BL-M17D1 for treating individuals with advanced or metastatic solid tumors in the United States.
The approval of this IND application signifies a significant achievement for SystImmune as the firm progresses its pipeline of innovative therapeutic candidates into clinical trials. Dr. Jie D'Elia, the CEO of SystImmune, stated, "At SystImmune, our goal is to deliver therapies that can offer transformative clinical advantages to patients." The initiation of clinical development for BL-M17D1, developed with our advanced linker and payload technology, illustrates our capability to keep innovating in the ADC field and deliver potentially best-in-class products to patients.
SystImmune Inc. is a biopharmaceutical firm dedicated to creating innovative therapeutic bi-specific and multi-specific antibodies, along with antibody-drug conjugates (ADCs) aimed at cancer treatment. Their goal is to develop biologics that operate via systematic intervention in tumor microenvironments, directly targeting the tumor while also activating the immune system to combat the tumor.