logo
AbTherx and GPCR Therapeutics Announce a Strategic Collaboration to Discover Novel Antibody-based Therapeutics for GPCR Targets

AbTherx and GPCR Therapeutics Announce a Strategic Collaboration to Discover Novel Antibody-based Therapeutics for GPCR Targets

Associated Press5 hours ago

Partnership combines AbTherx's proprietary Atlas™ Long CDR3 Technology with GPCR Therapeutics' deep expertise in GPCR biology to discover and develop antibodies for novel targets
MOUNTAIN VIEW, CA / ACCESS Newswire / June 16, 2025 / AbTherx, a biotechnology company with innovative technologies that enable therapeutic antibody discovery against challenging targets, today announced a research collaboration with GPCR Therapeutics, a clinical-stage biopharmaceutical company, to discover and develop therapeutic antibodies targeting G protein-coupled receptors (GPCRs) for one target, with the potential to expand to additional targets.
AbTherx's antibody discovery platform is built on two decades of experience and utilizes the immune system's evolutionary intelligence to identify diverse and developable human antibodies. This collaboration leverages AbTherx's innovative, patent-pending Atlas Long CDR3 Mouse to create antibodies with long CDR3 regions, providing the unique opportunity to access buried epitopes within GPCRs, ion channels, and other difficult targets. These fully human antibodies minimize developability and immunogenicity risk by leveraging a rare, naturally occurring phenomenon in humans.
GPCR Therapeutics is developing drugs targeting GPCRs to treat cancer, fibrosis, and obesity. Its stem cell mobilization program is now undergoing a phase 2 clinical trial in the United States of America. The company has also established capabilities for antigen development, antibody screening, and profiling for the discovery of antibodies targeting GPCRs, which are historically known to be challenging targets for antibody discovery.
'We are excited to strategically partner with GPCR Therapeutics to co-create a potentially life-saving therapeutic, leveraging the full power of the AbTherx team, combining a potentially best-in-class antibody discovery platform with a highly successful team of drug hunters,' said Justin Mika, CEO of AbTherx. 'This collaboration is a first for our proprietary Atlas Long CDR3 Mouse. We are keen to explore the full potential of this technology to discover and develop transformative, new antibody therapies for challenging targets.'
'We are thrilled to collaborate with one of the world's most experienced antibody discovery teams,' said Dong Seung Seen, CEO of GPCR Therapeutics. 'Our partnership with AbTherx marks a significant milestone for GPCR Therapeutics, strategically enhancing our ability to generate therapeutic antibodies against our priority targets. By combining our respective strengths, we aim to explore the largely uncharted territory of GPCR-targeting antibodies, ultimately striving to bring multiple first-in-class therapies to patients. The potential to expand our focus to additional targets in oncology, fibrosis, and obesity, further underscores the strategic value of this collaboration.'
AbTherx has a range of partnering strategies from technology licensing to strategic collaborations. The Long CDR3 technology has the potential to deliver high-impact therapeutics for some of the most challenging targets. It is available for strategic research collaborations and co-development partnerships aimed at advancing innovative therapeutics. This AbTherx and GPCR Therapeutics partnership is expected to yield a pre-clinical asset governed by a 50/50 ownership structure, drawing on the complementary strengths and resources of both parties to develop a novel modality targeting GPCRs, the largest and most diverse family of drug targets.
About AbTherx
AbTherx is advancing medicine with revolutionary technologies that accelerate and enable therapeutic antibody discovery. Through an exclusive license from Gilead Sciences, AbTherx has released Atlas™ Mice, a suite of novel transgenic technologies designed for unmatched performance and Freedom to Operate. For over 20 years, a core group of AbTherx's scientists have worked together to push the boundaries of antibody discovery technologies, resulting in more than 1,000 successful discovery campaigns and the development of 13 marketed therapeutics. AbTherx's industry-leading team creates transformative solutions to overcome the most demanding challenges in delivering innovative medicines. Committed to making its technologies accessible to all, AbTherx offers flexible partnering models that meet the needs of drug developers of all sizes. For more information, please visit www.abtherx.com.
About GPCR Therapeutics
GPCR Therapeutics, Inc. is a clinical-stage biopharmaceutical company taking an innovative approach to developing therapeutics based on its proprietary GPCR science. The company is currently conducting a Phase 2 clinical trial in the U.S. to evaluate the efficacy of GPC-100 in combination with propranolol in patients with multiple myeloma, in collaboration with Exicure. In addition to its lead program, GPCR Therapeutics is advancing multiple partnerships with pharmaceutical and biotech companies to develop therapies targeting cancer, fibrosis, obesity, and rare diseases. The company is headquartered in Seoul, South Korea. For more information, please visit www.gpcr.co.kr
AbTherx Media Contact
Stacey Borders
[email protected]
SOURCE: AbTherx, Inc
press release

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

This Tiny Solar Security 2K Camera Is Now 50% Off, Amazon Is Cutting All Margins to Keep You Safe
This Tiny Solar Security 2K Camera Is Now 50% Off, Amazon Is Cutting All Margins to Keep You Safe

Gizmodo

time13 minutes ago

  • Gizmodo

This Tiny Solar Security 2K Camera Is Now 50% Off, Amazon Is Cutting All Margins to Keep You Safe

Outdoor security cameras can feel like more trouble than they're worth at times – running wires together, with battery packs that take forever to charge, wrestling with terrible video quality and with monthly subscription fees that shoot up fast. But today, Amazon's offering a solution that trims all those problems on its head and it's priced nearly too low to believe: The Eufy Security Cam (S220) is a wireless outdoor security camera with solar power and it is currently discounted by 50%, bringing the price down to just $64 from its original list price of $129. At this price, it's one of the best deals you'll find for a reliable high-quality security camera. See at Amazon Super Easy To Use Unlike traditional outdoor cameras that require complex wiring or frequent battery replacement, this camera uses solar power and offers round-the-clock monitoring without the inconvenience of frequent maintenance. The built-in solar panel on the camera ensures continuous charging throughout the year and you will never miss an important moment because your camera's battery has drained. Installation is quick and easy, with no need for professional help or special tools: just mount the camera in your desired location, connect it to your Wi-Fi network and you're ready to go. The camera records in crisp 2K resolution and delivers clear and detailed footage day or night. Whether monitoring your house, watching deliveries, or sitting on watch for your pets, you'll appreciate the freshness and definition of the video. The camera features improved night vision as well so you can see outside even at night. Unlike other security cameras which lock core functions behind paywalls, this camera stores all your recordings locally and allows you to watch them whenever you want without paying any extra charges. The Eufy Security Solocam S220 is also compatible with the Eufy Homebase 3 which offers extra storage capabilities and security features for those who want even greater control of their video. The camera has 2.4 GHz Wi-Fi which provides a solid connection no matter how far it sits from your router: This makes it ideal for any outdoor space, from porches and backyards to beyond. The camera is also weatherproof with a tough build that can withstand rain, snow, and even the intense heat of extreme temperatures. With its solar-powered design, sharp 2K footage, and no monthly fees, it's the perfect choice. Don't miss this all time low price. See at Amazon

Honoring Juneteenth Through Black Economic Development In Houston
Honoring Juneteenth Through Black Economic Development In Houston

Forbes

time14 minutes ago

  • Forbes

Honoring Juneteenth Through Black Economic Development In Houston

Juneteenth re-enactment celebration in Galveston, Texas. When the Union Army arrived in Galveston, Texas on June 19, 1865 - two and a half years after the Emancipation Proclamation went into effect on Jauary 1, 1863 - the message they carried freed over 250,000 enslaved African Americans in Texas. That day, now celebrated as Juneteenth, stands not only as a powerful reminder of delayed justice but also as a call to continue the fight for equity, opportunity, and liberation. While chattel slavery was legally abolished, African Americans continued to endure systemic oppression through laws like the Black Codes, which restricted basic rights such as earning fair wages and owning property. These post-emancipation barriers combined with generations of racial and economic discrimination contributed to today's racial wealth gap where Black households rank the highest in facing wealth deficits or indebtedness. Today, just 50 miles from Galveston Island, two community leaders are helping to carry that torch of freedom forward through affordable housing, wealth creation, and economic development. In Houston, President & CEO Marlon Mitchell of Houston Business Development, Inc. (HBDi) and Owner Malcolm Sykes of Private Leverage are building the infrastructure for long-term freedom by creating pathways to homeownership and small business success in historically excluded Black neighborhoods. Driven by their Houston roots, Private Leverage holds economic equity as its central commitment. As a Community Development Financial Institution (CDFI), Private Leverage has committed over $25 million in capital to low-to-moderate income (LMI) neighborhoods across Texas, supporting minority real estate developers who rehabilitate and produce housing in these communities. In addition, minority-owned small businesses can access loans to help finance and secure their operating spaces, further strengthening local economic growth. In 2023, homeownership rates in the greater Houston area revealed significant disparities: approximately 72% of White and Asian American households owned their homes, compared to 55% of Hispanic households and just 42% of Black households. Similarly, in 2021, only 4.7% of small business owners in the region were Black, while 11.2% were Hispanic and 57.2% were White. Through residential, commercial, and small business loans, Private Leverage is addressing these gaps and working towards equitable balance by circulating money within Black communities through support of Black-owned businesses, thereby increasing financial velocity. To date, Private Leverage has closed 112 small business loans with 99% to CDFI Eligible Markets. In total 75% of their dollars benefitted CDFI Investment Areas (IA), and 55% High Poverty Areas (HPA). The organization recognizes that its work often leads to the creation of Naturally Occurring Affordable Housing (NOAH). Sykes emphasized the importance of building capacity to help borrowers track the creation of affordable homeownership and rental units and, where possible, to establish affordability agreements that ensure these homes remain affordable in the long term. 'Juneteenth, both personally and professionally, signifies the ongoing quest for freedom, justice, and equality,' said Sykes. 'Daily, we commit to advancing towards our objectives, with ultimate freedom as the paramount goal. While legal bondage has ended, the pursuit of genuine freedom persists.' At HBDi, Mitchell is tackling the same stark disparities through a multi-pronged approach. The organization revitalizes underutilized properties to expand affordable and mixed-income housing, provides loans and technical assistance to minority-owned small businesses as a certified CDFI, and supports entrepreneurs through business incubation programs. Additionally, HBDi offers commercial and co-working spaces to help local businesses thrive and leads adaptive reuse and redevelopment projects that drive neighborhood revitalization. Since its founding in 1986, HBDi has facilitated over $350 million in small business loans and grants, resulting in the creation of approximately 5,000 jobs for citizens in the Houston Metro area, of which 75% have been to Black businesses. To support the development and preservation of affordable housing and community facilities, HBDi spearheaded the renovation of Houston's Palm Center, a twenty-two-acre site that hosts more than 50 small businesses, government agencies, and nonprofit organizations - catalyzing $26 million in economic development, affordable housing projects, and the creation of 400 jobs. According to a Brookings research report, Black business ownership is currently growing at a rate of about 4.72% annually. At that pace, it would take 256 years for the number of Black-owned businesses to reflect the percentage of Black people in the U.S. population. Yet, despite the magnitude of the racial wealth gap and the long road to parity, HBDi is actively investing in the future by advancing $66 million in single-family, multi-family, and adaptive reuse projects aimed at accelerating Black wealth-building and economic opportunity. 'The legacy of Juneteenth reminds us that justice and opportunity have never arrived on time for Black communities—and that we must be both vigilant and proactive in creating creative economic opportunities within our communities,' said Mitchell. 'As Galveston's neighbor and the most populous city in Texas, Houston has long been a place where African American communities have fought for—and created—economic opportunity against the odds. Our work at HBDi is an extension of that legacy.' Looking back 160 years ago, the thought of African Americans leading financial institutions that drive affordable housing and wealth creation was nearly unimaginable. This Juneteenth serves as a powerful reminder of how far we've come against great odds and a call to action to continue investing in the lasting prosperity of Black communities. Yet the data shows that African Americans lag in wealth and housing ownership, last in both categories. I submit that current national policies will erode African Americans past economic gains. If not careful, the losses will be so great that it will take decades to recapture current economic progress. The times call for radical efforts and bold leadership to ensure the challenges of the times are met. If not, history could repeat itself.

Trump Crypto Ally Justin Sun Poised to Take Tron Public Through Reverse Merger
Trump Crypto Ally Justin Sun Poised to Take Tron Public Through Reverse Merger

Bloomberg

time15 minutes ago

  • Bloomberg

Trump Crypto Ally Justin Sun Poised to Take Tron Public Through Reverse Merger

Justin Sun, the China-born crypto entrepreneur with ties to the Trump family who saw a federal investigation of his business interests paused earlier this year, is set to take his Tron blockchain platform public in the US through a reverse merger. SRM Entertainment Inc., a maker of toys and related projects, said in a statement Monday that it entered into a securities purchase agreement with a 'private investor' for a $100 million equity investment. The name of Winter Park, Florida-based SRM will be changed to Tron Inc. and Sun will serve as an adviser. SRM said the investor is an affiliate of Sun, while Sun confirmed his involvement to Bloomberg News.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store