Uniquity Bio debuts with $300m and a Phase II MSD asset

27 June 2024
Blackstone Life Sciences, a private investment firm, has unveiled a new pharmaceutical company, Uniquity Bio, which is set to make waves in the immunology and inflammation sectors. Headquartered in Pennsylvania, Uniquity Bio has been launched with a substantial capital investment of $300 million from Blackstone.

One of Uniquity Bio's most noteworthy assets is solrikitug, a monoclonal antibody licensed from MSD. This drug targets thymic stromal lymphopoietin (TSLP) and has recently received the green light from the US Food and Drug Administration (FDA) for clinical trials. Uniquity Bio plans to initiate Phase II trials for solrikitug in the treatment of chronic obstructive pulmonary disease (COPD) and asthma.

The market for COPD in the United States was valued at approximately $18.6 billion in 2023, while the asthma market was estimated to be around $7.2 billion the same year, as reported by GlobalData’s Pharma Intelligence Centre.

Uniquity Bio's CEO, Brian Lortie, expressed optimism about solrikitug's potential, stating that the medication could significantly improve the lives of many patients who currently have limited treatment options. He emphasized the company's eagerness to advance to the next phase of development. Although specifics regarding the timeline for the Phase II trials were not disclosed, there is a clear commitment to progressing with these studies.

Nicholas Galakatos, the global head of Blackstone Life Sciences, highlighted the strategic importance of advancing solrikitug along with expanding Uniquity Bio's pipeline. He expressed pride in partnering with Uniquity’s experienced leadership team to further develop solrikitug and broaden their portfolio in immunology and inflammation.

The pharmaceutical industry is currently seeing significant interest and investment in immunology and inflammation. For instance, Aiolos Bio, specializing in inflammatory diseases, was acquired by GSK in a $1.4 billion deal in February. Aiolos Bio had only recently launched in October 2023 with $200 million and its own monoclonal antibody targeting TSLP. Similarly, Mirador Therapeutics entered the market in late March 2024, securing $400 million in Series A financing under the guidance of the former head of MSD-bought Prometheus.

Uniquity Bio’s focus on solrikitug and its potential applications in a variety of immunology and inflammation programs positions the company as a notable player in these high-growth sectors. The backing from Blackstone Life Sciences underscores the confidence in Uniquity Bio's strategy and its ability to make significant advancements in the treatment of COPD, asthma, and possibly other related diseases.

In conclusion, with the robust financial support from Blackstone Life Sciences and a promising asset like solrikitug, Uniquity Bio is well-poised to contribute meaningfully to the fields of immunology and inflammation. The upcoming Phase II trials will be a crucial step in determining the future impact of their efforts on patient care and treatment options in these areas.

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