By Jesse Pound, Staff Writer
Photo: Photos By John Davenport /San Antonio Express-News
Manuel A. Riquelme works in a lab Friday at UT Health San Antonio. UT Healths licensing deal with gAlaMab Therapeutics is based on the work of researcher Jean Jiang.
Manuel A. Riquelme works in a lab Friday at UT Health San Antonio. UT Healths licensing deal with gAlaMab Therapeutics is based on the work of researcher Jean Jiang.
UT Health San Antonio signs potential $114M deal with Chinese pharma firm
UT Health San Antonio announced Friday a landmark licensing deal worth up to
$114 million with a Chinese pharmaceutical company to develop new treatments for spinal cord injuries and breast cancer.
AlaMab Therapeutics, a subsidiary of CSPC Pharmaceutical Group in China, will make an upfront payment of $4.5 million to UT Health San Antonio and UTHealth in Houston to license two antibodies found by local researcher Jean Jiang.
The first antibody inhibits neural inflammatory reactions after spinal cord injury, while the other helps treat breast cancer after it invades the bone. Jiang has partnered with Zhiqiang An of UTHealth in Houston to humanize the antibodies for more trials.
Dr. William Henrich, president of UT Health San Antonio, made the announcement Friday morning with CSPC CEO Weidong Pan at the Greehey Academic and Research Campus. The deal could give the University of Texas health system as much as $114 million over several years with the potential for additional royalty payments, Henrich said.
This is a part of the portfolio in San Antonio that we want to grow, he said. We want to grow our entrepreneurial public-private associations, and this is a tangible step in that direction.
The milestone payments are based on the success of trials in animals and humans, which could take up to 10 years, Henrich said.
Todays news conference represents exactly what our health institutions within the University of Texas System are great at doing, said Rad Weaver, a member of the systems board of regents, adding that the UT System received 162 patents in 2016, including 10 at UT Health San Antonio. Weaver is also chairman of the board for the San Antonio Chamber of Commerce.
AlaMab is a newly created subsidiary of CSPC and will be based in San Antonio, Henrich said.
The creation of AlaMab was UTs idea, said John Gebhard, an assistant vice president in UT Health San Antonios Office of Technology Commercialization. UT told CSPC early in the discussions it would like to work with a local company, and Gebhard said he expects AlaMab and UT to collaborate on other projects going forward.
That makes it very easy for our investigators to stay at the university and be basically pure, not touched, but at the same time be involved in the company, Gebhard said.
Jiang has been working on this project for a decade and will continue the research going forward, Henrich said.
She didnt take a day off for four or five years to work on the science of the project, Henrich said.
It is the largest upfront licensing agreement in UT Health San Antonios history, Gebhard said. The deal came together more rapidly than any other deal hes ever done, which he attributed to its significance. Gebhard said AlaMab will seek regulatory approval in the United States and in foreign markets.
Speaking through a translator, Pan praised the UT System before a formal signing ceremony.
I believe today is just a new beginning, and we will continue work on opportunities together, and we hope our relationship and friendship will be long-lasting and far-reaching, Pan said.
UT Health San Antonio, previously called the University of Texas Health Science Center at San Antonio, has seven campuses in San Antonio and Laredo, and an operating budget of $806.6 million.
Twitter: @jesserpound
Go here to see the original:
UT Health San Antonio signs potential $114M deal with Chinese ... - mySanAntonio.com
- Hungarian Spinal Cord Injury Patient - Stem Cell Treatment Experience [Last Updated On: May 7th, 2011] [Originally Added On: May 7th, 2011]
- Stem cell treatment for Spinal Cord Injury (SCI)-Osama [Last Updated On: May 8th, 2011] [Originally Added On: May 8th, 2011]
- Spinal Cord Injury Patient after Stem Cell Treatment - Juan Carlos Murillo [Last Updated On: May 10th, 2011] [Originally Added On: May 10th, 2011]
- Spinal Cord Injury patient 10 years after injury after Stem Cell Treatment [Last Updated On: May 10th, 2011] [Originally Added On: May 10th, 2011]
- Rap Toward a Cure for Spinal Cord Injury [Last Updated On: May 11th, 2011] [Originally Added On: May 11th, 2011]
- Christopher "Kit" Bond - Spinal Cord Injury Stem Cell Patient [Last Updated On: May 20th, 2011] [Originally Added On: May 20th, 2011]
- Stem Cell Treatment - Spinal Cord Injury (2) [Last Updated On: May 21st, 2011] [Originally Added On: May 21st, 2011]
- Spinal Cord Injury-After Treatment, Pt was completely paralyzed (2) [Last Updated On: May 22nd, 2011] [Originally Added On: May 22nd, 2011]
- Spinal Cord Injury-After Treatment, Pt was completely paralyzed (1) [Last Updated On: May 23rd, 2011] [Originally Added On: May 23rd, 2011]
- Dogs recover following new treatment for spinal cord injury [Last Updated On: June 2nd, 2011] [Originally Added On: June 2nd, 2011]
- Spinal Cord Injury Rehabiliation Success Story [Last Updated On: June 3rd, 2011] [Originally Added On: June 3rd, 2011]
- Stem Cells for Spinal Cord Injury: Community Outreach San Diego 2011 - Trish Stressman [Last Updated On: June 7th, 2011] [Originally Added On: June 7th, 2011]
- Stroke Client Gains Strength and Mobility in North Palm Beach Florida [Last Updated On: June 9th, 2011] [Originally Added On: June 9th, 2011]
- Spinal Cord Injury Chicago Rehabilitation Lokomat [Last Updated On: June 10th, 2011] [Originally Added On: June 10th, 2011]
- Spinal Cord Injury Treatment With Stem Cells [Last Updated On: June 11th, 2011] [Originally Added On: June 11th, 2011]
- Spinal Cord Injury Patient after Stem Cell Treatment - Wesley Hixen [Last Updated On: June 12th, 2011] [Originally Added On: June 12th, 2011]
- Stem Cell Therapy for Spinal Cord Injury - Injured Airline Pilot Flies Again [Last Updated On: June 13th, 2011] [Originally Added On: June 13th, 2011]
- David Chen: How would stem-cell therapies work in the treatment of spinal cord injuries? [Last Updated On: June 17th, 2011] [Originally Added On: June 17th, 2011]
- William Rader MD - Paralyzed Spinal Cord Injury Patient Walks Again [Last Updated On: June 29th, 2011] [Originally Added On: June 29th, 2011]
- The Spinal Cord Injury Treatment Team [Last Updated On: July 4th, 2011] [Originally Added On: July 4th, 2011]
- Introduction to the Bioness H200 Hand Rehabilitation System [Last Updated On: July 14th, 2011] [Originally Added On: July 14th, 2011]
- Organ repair using own stem cells -- brain, heart - Future Health keynote speaker [Last Updated On: July 15th, 2011] [Originally Added On: July 15th, 2011]
- 2011 Shriners Ride for Kids, Salt Lake City Utah. [Last Updated On: July 17th, 2011] [Originally Added On: July 17th, 2011]
- Degenerative Disc Disease: C5-C6 c6-C7 Treatment [Last Updated On: July 18th, 2011] [Originally Added On: July 18th, 2011]
- Rehabilitation Institute of Michigan's 60 Anniversary TV Commercial [Last Updated On: July 18th, 2011] [Originally Added On: July 18th, 2011]
- California Spinal Cord Injury Attorney: Obtaining damages for lifetime care. [Last Updated On: July 19th, 2011] [Originally Added On: July 19th, 2011]
- Physical and Mental Adjustments After a Spinal Cord Injury [Last Updated On: July 19th, 2011] [Originally Added On: July 19th, 2011]
- Comprehensive Inpatient Rehabilitation [Last Updated On: July 28th, 2011] [Originally Added On: July 28th, 2011]
- SCI Treatment Center at the Claremont Club [Last Updated On: July 30th, 2011] [Originally Added On: July 30th, 2011]
- Spinal Cord Inury Patient at XCell-Center- M. Hasan [Last Updated On: August 5th, 2011] [Originally Added On: August 5th, 2011]
- Spinal Cord Inury Patient at XCell-Center- K. Potts [Last Updated On: August 6th, 2011] [Originally Added On: August 6th, 2011]
- Magee Rehabilitation Hospital Foundation and Toyota 100 Cars for Good [Last Updated On: August 13th, 2011] [Originally Added On: August 13th, 2011]
- SCI_Celine_French_ifting_her_arms.wmv [Last Updated On: September 1st, 2011] [Originally Added On: September 1st, 2011]
- New Treatment May Help Paralyzed Patients Move Again By Dr.Zaghloul ahmed [Last Updated On: September 1st, 2011] [Originally Added On: September 1st, 2011]
- Claire Marsh - Spinal Cord Injury Part One [Last Updated On: September 6th, 2011] [Originally Added On: September 6th, 2011]
- Coping with spinal cord and traumatic brain injuries [Last Updated On: September 10th, 2011] [Originally Added On: September 10th, 2011]
- Stem Cell Treatment - Spinal Cord Injury (3) [Last Updated On: September 15th, 2011] [Originally Added On: September 15th, 2011]
- Stem Cell Treatment - Spinal Cord Injury (1) [Last Updated On: September 20th, 2011] [Originally Added On: September 20th, 2011]
- Stem cell treatment by Adiva Health Care India after Spinal Cord Injury [Last Updated On: September 22nd, 2011] [Originally Added On: September 22nd, 2011]
- Spinal Cord Injury Documentary: You Will Never Walk Again, Part 1 [Last Updated On: September 24th, 2011] [Originally Added On: September 24th, 2011]
- Claire Marsh Returns - Spinal Cord Injury Patient [Last Updated On: September 25th, 2011] [Originally Added On: September 25th, 2011]
- Spinal Cord Injury: Raising awareness about research and treatment for spinal cord injury [Last Updated On: September 26th, 2011] [Originally Added On: September 26th, 2011]
- Walking after Spinal Cord injury and Stem Cells [Last Updated On: September 27th, 2011] [Originally Added On: September 27th, 2011]
- New Treatments for Spinal Cord Injuries [Last Updated On: October 10th, 2011] [Originally Added On: October 10th, 2011]
- Claire Marsh - Spinal Cord Injury Part Two - Video [Last Updated On: October 18th, 2011] [Originally Added On: October 18th, 2011]
- Stem Cell Treatment for Spinal Cord Injury - Video [Last Updated On: November 2nd, 2011] [Originally Added On: November 2nd, 2011]
- Stem Cells - Treatment for Spinal Cord Injury - Video [Last Updated On: November 2nd, 2011] [Originally Added On: November 2nd, 2011]
- (Film Trailer) - The Spinal Cord Journey: Stem Cell Therapy Stories of Recovery - Video [Last Updated On: November 27th, 2011] [Originally Added On: November 27th, 2011]
- Stem Cell Treatment for T-6 Spinal Cord Injury - Video [Last Updated On: December 7th, 2011] [Originally Added On: December 7th, 2011]
- What is Project Walk Atlanta - Video [Last Updated On: December 13th, 2011] [Originally Added On: December 13th, 2011]
- Stem Cells Treatment for Spinal Cord Injuries, Successfully Results, Stem Therapy - Video [Last Updated On: December 28th, 2011] [Originally Added On: December 28th, 2011]
- Stem Cell Therapy for Spinal Cord Injury, India Mumbai - Video [Last Updated On: January 6th, 2012] [Originally Added On: January 6th, 2012]
- "April Crave", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: January 10th, 2012] [Originally Added On: January 10th, 2012]
- "Lori Hammond", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: January 23rd, 2012] [Originally Added On: January 23rd, 2012]
- "Chad C.""spinal cord Injury treatment" "spinal cord injury" "spinal cord injury recovery" - Video [Last Updated On: January 23rd, 2012] [Originally Added On: January 23rd, 2012]
- "Hugo Rodovalho", "Client Spotlight Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: January 27th, 2012] [Originally Added On: January 27th, 2012]
- "Cecilia V.", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: January 27th, 2012] [Originally Added On: January 27th, 2012]
- "Roy R.", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: January 27th, 2012] [Originally Added On: January 27th, 2012]
- "Angela", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: January 27th, 2012] [Originally Added On: January 27th, 2012]
- "Joey's Story", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: January 27th, 2012] [Originally Added On: January 27th, 2012]
- "Spinal Cord Injury", "A Story Of One" - Video [Last Updated On: January 27th, 2012] [Originally Added On: January 27th, 2012]
- Spinal Cord Injuries - The Healing Center Project! - Video [Last Updated On: January 28th, 2012] [Originally Added On: January 28th, 2012]
- "Crystal H.", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: February 3rd, 2012] [Originally Added On: February 3rd, 2012]
- "Dave D.", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: February 5th, 2012] [Originally Added On: February 5th, 2012]
- "Brook", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: February 5th, 2012] [Originally Added On: February 5th, 2012]
- "Ashley Vargas", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: February 6th, 2012] [Originally Added On: February 6th, 2012]
- "Nathan Bayer", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: February 8th, 2012] [Originally Added On: February 8th, 2012]
- "Annette Ross", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: February 8th, 2012] [Originally Added On: February 8th, 2012]
- "Joe Guintu", "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: February 8th, 2012] [Originally Added On: February 8th, 2012]
- "Trevor Comeau,"Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: February 9th, 2012] [Originally Added On: February 9th, 2012]
- "Kyle Eade, "Project Walk Spinal Cord Injury Recovery" - Video [Last Updated On: February 11th, 2012] [Originally Added On: February 11th, 2012]
- Velomedix Receives IDE Approval to Evaluate the Use of Rapid Therapeutic Hypothermia in the Management of AMI Patients [Last Updated On: February 14th, 2012] [Originally Added On: February 14th, 2012]
- Neuralstem Announces Closing of $5.2-Million Registered Direct Offering [Last Updated On: February 14th, 2012] [Originally Added On: February 14th, 2012]
- Chamber May Open Window for Treating Spine [Last Updated On: February 15th, 2012] [Originally Added On: February 15th, 2012]
- InVivo Therapeutics’ CEO Frank Reynolds Scheduled to Appear on Fox News First and San Antonio Living [Last Updated On: February 17th, 2012] [Originally Added On: February 17th, 2012]
- High doses of 'load' slows loss of bone in spinal cord injury [Last Updated On: February 17th, 2012] [Originally Added On: February 17th, 2012]
- InVivo Therapeutics Announces Pricing of Public Offering of Common Stock [Last Updated On: February 17th, 2012] [Originally Added On: February 17th, 2012]
- High Doses of Load Slows Bone Loss in Spinal Cord Injury [Last Updated On: February 21st, 2012] [Originally Added On: February 21st, 2012]
- InVivo Therapeutics Announces Full Exercise of Over-Allotment Option [Last Updated On: February 22nd, 2012] [Originally Added On: February 22nd, 2012]
- InVivo Therapeutics Announces Net $18.1M In Offering [Last Updated On: February 22nd, 2012] [Originally Added On: February 22nd, 2012]