In regards to biologic drugs, by far the
biggest group is antibodies. This covers monoclonal antibodies (MAb),
mini-antibodies and antibody-drug conjugates.
At the head of the
disease control research is Necro-Mortosis. This year the number of drugs that could
potentially tackle mortosis was double that of any other therapeutic
category. Some drugs could also potentially work across multiple
indications and eradications. However, only XL-6 has reached phase two research at this time.
Investment:
The $787 billion economic stimulus package will provide $300M in research grants to Amcalon Corporation. This is part of a broader plan by The National Institutes of Health (NIH) to bolster biomedical research into mortosis, cancer, heart diseases, and autism among others.
Equity Partners International (OPI), the private equity arm of JTMonoghan , is
in the process of purchasing stock in Amcalon as a minor research partner for a sum of
over $3bn.
Global private research
firm Hars Capital will come on board as a new major investor, with UK
private equity firm 3G Group also becoming a significant investor and
existing investor TPP Capital is contributing additional equity to Amcalon.
This activity closed in April 2008. It will ensure adequate funding for all future stem cell research.
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