Amicus Therapeutics Strengthens Biologics Business Strategy / Callidus Biopharma Acquisition

Category: Archive
November 20, 2013

Amicus Therapeutics (Nasdaq:FOLD), a biopharmaceutical company at the forefront of therapies for rare and orphan diseases, today announced a broad strengthening of its biologics business strategy…

Amicus now owns exclusive worldwide rights to three next-generation Enzyme Replacement Therapies (ERTs) in preclinical development.

Callidus Biopharma acquisition adds next-generation Pompe ERT and complementary enzyme targeting technologies…

Callidus Biopharma Acquisition

Amicus has acquired Callidus Biopharma, a privately-held biologics company focused on developing best-in-class enzyme replacement therapies (ERTs) for lysosomal storage diseases (LSDs). Callidus’ lead ERT is a recombinant human acid-alpha glucosidase (rhGAA) for Pompe disease in late preclinical development. This Pompe ERT has shown superior uptake and activity when compared to Lumizyme® in preclinical studies, and may be further improved by incorporating Amicus’ pharmacological chaperone AT2220 as a stabilizer to potentially enhance tissue uptake and reduce the immunogenicity of the ERT. Callidus’ enzyme targeting technology is also applicable to multiple ERTs. These Callidus assets complement Amicus’ CHART™ platform for the development of bio-betters for multiple LSDs…

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