EQS-News: AiCuris Anti-infective Cures AG / Key word(s): Strategic Company Decision AiCuris Announces Strategic Shift to Focus Development and Commercialization of Anti-infectives for Immunocompromised Patients 06.07.2023 / 14:00 CET/CEST The issuer is solely responsible for the content of this announcement. AiCuris Announces Strategic Shift to Focus Development and Commercialization of Anti-infectives for Immunocompromised Patients
Wuppertal, Germany, July 6, 2023 – AiCuris Anti-infective Cures AG, a leading clinical-stage biopharmaceutical company developing novel anti-infective agents, today announced that it has sharpened its strategic focus on the development of novel, therapeutic candidates for the prevention and treatment of moderate to severe and potentially life-threatening infectious diseases in immunocompromised patients. This decision enables the Company to accelerate its development efforts, prepare for market launch and further build its expertise in an area of medical need that will become increasingly important as the population of immune-compromised patients grows worldwide. With AiCuris’ enhanced focus on development and commercialization of anti-infectives for immunocompromised individuals, the Company will discontinue research activities outside of this strategic scope. Larry Edwards, CEO of AiCuris Anti-infective Cures AG, said: “Immunocompromised patients develop severe, partially life-threatening disease from infections that are typically well controlled in immune competent individuals. Unfortunately, anti-infective treatment options for this growing patient population are often limited and few companies are focusing on developing appropriate therapeutic candidates. We at AiCuris decided on focusing our efforts on serving this vulnerable population with high unmet medical need. This strategic change will allow us to be more efficient and effective from an operations perspective and ensure we are able to bring novel treatment options to patients in need. With PREVYMIS®, we have already proven our ability to deliver novel treatment options to these underserved patients. By our strengthened focus we will now develop more game-changing, high growth potential products faster.” “Sharpening our strategic direction is an important step on our way to becoming a fully integrated biopharmaceutical company that covers the entire value chain from research through clinical development and in the future also commercialization,” Dr. Sabrina Kuttruff-Coqui, CFO of the Company, continued. “To achieve this goal, we established a U.S. subsidiary as part of the launch preparations for our lead proprietary product Pritelivir. Our development experts and a small, highly experienced and innovative team are driving our research and development engine, which is vital in bringing novel, truly differentiated products to patients in need.” AiCuris has successfully demonstrated its´ ability to deliver anti-infectives to immunocompromised patients through PREVYMIS® (Letermovir). The Company’s first-in-class antiviral agent for prophylaxis of cytomegalovirus (CMV) infection in allogeneic hematopoietic stem cell (HSCT) and kidney transplant patients, is marketed by MSD (tradename of Merck & Co., Inc.) and has seen growing revenues while protecting and saving the lives of many patients worldwide. AiCuris will continue to build its capabilities in becoming a fully integrated organization moving towards commercialization to deliver the full value of its innovative pipeline of anti-infectives focused on three key programs:
In immunocompromised people, the ability to fight infections and other diseases is reduced. This can be caused by diseases or conditions such as AIDS, cancer, diabetes and genetic disorders, but also by certain treatments, including chemotherapy and radiotherapy, as well as immunosuppressive treatments like those that are essential for stem cell and organ transplants. As aggressive treatments implemented to enhance life expectancy often result in prolonged immune suppression and given the steadily increasing population of innate or acquired immune deficiencies the need for anti-infective therapeutics is increasing. Currently over 1 billion individuals are at least moderately immunocompromised. Highly prevalent latent virus infections such as CMV, HSV and BKV can cause severe complications in immunocompromised patients for example, after transplantations. About AiCuris Anti-infective Cures AG AiCuris, a clinical-stage biopharmaceutical company, is focused on the discovery, development, and delivery of innovative, anti-infectives drugs for immunocompromised patients aiming to prevent severe conditions and life-threatening diseases. For more information, please visit www.aicuris.com. Follow us on LinkedIn. Contacts:
06.07.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News – a service of EQS Group AG. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
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