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Ildong, Cellivery To Co-Develop Novel Biologic For Parkinson's

 
• By Jung Won Shin

South Korean pharma firm Ildong and bioventure Cellivery have tied up to jointly develop an early stage, first-in-class therapy for Parkinson's disease using Cellivery's platform technology. The two hope the partnership will fundamentally change the therapeutic approach to the neurodegenerative disease.

SEOUL - Ildong Pharmaceutical Co. Ltd. and Cellivery Therapeutics Inc. have agreed to jointly research and develop a protein-based, cell-permeable anti-neurodegenerative disease agent using Cellivery's macromolecule intracellular transduction technology (MITT).

The therapy, iCP-Parkin, is set to enter preclinical trials, said officials at the two South Korean companies. It works to recover the functions of dopaminergic neurons and has so far...

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