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Caelum Biosciences together with Columbia Univ. to develop novel treatment for AL amyloidosis
January 6, 2017
By: Tim Wright
Editor-in-Chief, Contract Pharma
Fortress Biotech has formed a new subsidiary company, Caelum Biosciences, to advance the development of CAEL-101 (11-1F4) for the treatment of amyloid light chain (AL) amyloidosis. Caelum has entered into an agreement with Columbia University to secure exclusive worldwide license rights to CAEL-101, a chimeric fibril-reactive monoclonal antibody (mAb) currently being evaluated in a Phase 1a/1b study. In addition, Fortress announced the appointment of Michael Spector as Caelum’s chief executive o...
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