Outlook: Increasingly integrated business
Bionomics has announced a number of strategic initiatives in recent months. In mid-2014, it entered into a second partnered programme with Merck & Co. In October, it acquired Prestwick Chemical, reinforcing its early-stage drug delivery and discovery functions. More recently, Bionomics secured a loan of US$10m to finance the development of BNC210, which it reacquired from Ironwood Pharma, starting a Phase Ib trial in February.Bionomics is a clinical stage biopharmaceutical company. Co utilizes its proprietary platform technologies to discover and develop a pipeline, drug candidates focused on the treatment of central nervous system disorders and on the treatment of cancer. Co.'s key drug candidate BNC210, which for the treatment of generalized anxiety disorder, is a proprietary negative allosteric modulator of the alpha-7 nicotinic acetylcholine receptor. Co. also develops BNC101, which its lead humanized monoclonal antibody targeting a key receptor on cancer stem cells that is overexpressed in metastatic colorectal cancer, metastatic pancreatic cancer and many other solid tumors.
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