iBio (IBIO) Strikes Licensing Deal with AstralBio for Obesity-Targeting Antibody | IBIO Stock News

Article's Main Image

iBio (IBIO, Financial) has entered into a licensing agreement with AstralBio for a groundbreaking preclinical antibody that targets Activin E. This antibody was developed using iBio's proprietary Machine-Learning Antibody Engine.

Activin E represents a novel target in therapeutic research with the potential to induce fat-selective weight loss. Inhibiting Activin E may provide protection against obesity and related cardiometabolic conditions.

Following promising preclinical outcomes, where the antibody demonstrated effective binding and inhibition of Activin E signaling, along with inducing fat-specific weight reduction in obese rodent models, iBio aims to expedite testing in more complex models.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.