
Paras Biopharmaceuticals and Novozymes Set to Collaborate on Osteoporosis Treatment
Paras Biopharmaceuticals and Novozymes will collaborate on the creation of an improved osteoporosis treatment.
Paras Biopharmaceuticals, a Finland-based biopharmaceutical manufacturer, will collaborate with Novozymes, a Denmark-based biotechnology company focused on enzyme production, to develop a biobetter osteoporosis treatment, according to a Nov. 24, 2015 announcement.
The companies will collaborate on an improved version of teriparatide, a common treatment for the disease.
In 2013,
Novozyomes and Paras Biophramaceuticals will harness its Veltis technology and Diabrid NobleCleav technology, respectively, to develop a biobetter to teriparatide. The technologies will support the creation of a once-weekly, once bi-weekly, or once-monthly dosing regimen for patients. This technology has already been used to create therapies in the treatment of diabetes, hemophilia, and neutropenia. According to the companies, the biobetter for teriparatide will have an improved therapeutic impact on patients.
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