Collaboration Overview
CAMP4 Therapeutics Corporation (CAMP) has announced a strategic partnership with GSK aimed at accelerating the development of novel antisense oligonucleotides (ASOs). This collaboration seeks to create innovative therapies for neurodegenerative and renal diseases, with CAMP4 set to receive an initial cash payment of $17.5 million and additional milestone-based payments along with tiered royalties on future product sales.
Utilization of CAMP4's RAP Platform®
The strategic alliance will leverage CAMP4's proprietary RAP Platform® to identify regulatory RNAs (regRNAs) that govern the expression of gene targets linked to various conditions. CAMP4 will focus on generating ASO candidates that enhance target gene expression, while GSK will oversee their further development and commercialization.
Statements from Company Executives
Josh Mandel-Brehm, President and CEO of CAMP4, highlighted the significance of this partnership: “Protein under-expression plays a critical role in diseases such as neurodegenerative and kidney disease. Our collaboration with GSK, focused on the rapid identification of novel targets and potential ASO therapeutics, underscores the potential of our discovery platform to create transformational medicines for patients.”
From GSK, Chris Austin, Senior Vice President of Research Technologies, expressed optimism regarding the collaboration, stating: “We are excited to combine their RNA discovery platform with GSK’s expertise in therapeutic oligonucleotides, aiming to drive the development of novel medicines for these critical health issues.”
Significance of the Agreement
This collaboration marks a pivotal moment for CAMP as it opens doors to potentially groundbreaking therapies in the realm of RNA-based medicine. The strategic partnership is expected to facilitate the rapid progression of drug candidates tailored for specific gene targets that play a significant role in neurodegenerative and kidney diseases.
About CAMP4 Therapeutics
CAMP4 Therapeutics is at the forefront of developing disease-modifying treatments aimed at a variety of genetic disorders. Their approach focuses on amplifying mRNA by targeting regRNAs, the master regulators of gene expression. The company’s RAP Platform® enables the effective mapping of regRNAs, potentially addressing over 1,200 genetic disorders.
For further information about their innovative therapies and ongoing projects, visit camp4tx.com.
Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties. These statements may cause actual results to differ materially from anticipated outcomes. Several factors could influence the company's future performance and the successful commercialization of ASO drug candidates.
For a detailed discussion on potential risks, please refer to the “Risk Factors” section in the company's annual and quarterly reports filed with the Securities and Exchange Commission.