Swedish Orphan Biovitrum AB (publ) (Sobi), an international speciality healthcare company, announced that it has exercised its option to sign a licensing agreement with Swedish biotech company Affibody AB for the development of novel treatments for inflammatory diseases where interleukin-1 (IL-1) is involved.
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In 2012, Sobi signed a research collaboration agreement with Affibody, with an option to enter into exclusive licensing arrangements within IL-1. The research, which has been based on Affibody's proprietary technology, focuses on key proteins involved in the regulation of human immune and inflammatory processes.
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An increasing body of evidence suggests that IL-1 is a key mediator of inflammation and driver of auto-inflammatory diseases in both adults and children. This offers a good strategic fit with Sobi's commercial focus on Inflammation as one of three key therapeutic areas, and with Sobi's strategic biologics development competence and capabilities.
