Amarantus has acquired several pre-commercial therapeutic assets in recent years, and intends to create value by furthering their development before out-licensing or commercialising them. The firm recently acquired ESS-W, which can shorten the time needed to treat severe burns. Eltoprazine aims to reduce involuntary movements associated with long-term levodopa therapy in Parkinson’s disease. These candidates provide long-term potential, and drive our $76m rNPV.
Amarantus entered into an option agreement with Lonza to acquire its engineered skin substitute (ESS) platform for the treatment of severe burns. It plans to start a 10-pt Phase I/II study in Q215, which could lead to launch by 2018, in a c $500m US severe burn market. The firm also plans to launch LymPro as a laboratory-developed test for Alzheimer’s disease (AD) in Q414. MANF and Eltoprazine also provide value driver opportunities.
Amarantus presented data of its blood-based diagnostic test for Alzheimer’s disease (AD), LymPro, at the Alzheimer’s Association International Conference (AAIC). Data from a 41-patient trial with an optimised test showed a specificity of 81% and a sensitivity of 73%. Commercial launch of LymPro as a laboratory-developed test remains on track for H214. MANF has also started formal preclinical testing and could begin clinical development in 2015. Eltoprazine is expected to start a Phase IIb tr...
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