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Antibody engineer Visterra debuts with Pfizer deal, broad spectrum flu mAb
New vista over epitopes
By Meghan Sullivan
Staff Writer
Published on
Monday, October 8, 2012
Visterra
Inc. came out of stealth mode last month when Pfizer
Inc. did a deal to use the biotech's protein structure analysis
technology to discover antibodies against epitopes of proteins implicated in
undisclosed indications. Visterra thinks its platform is a more efficient and
effective way to discover antibodies than traditional mAb screening methods.
Under the deal, Visterra will
receive an upfront payment and research funding, and will be eligible for
R&D milestones plus royalties. Both partners declined to provide details on
financial terms, targets or indications in the deal, which is Visterra's first.
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