Temasek-backed Tychan to start human trials next week for Covid-19 treatment
The first phase of the trial to be conducted on 23 healthy volunteers will take about six weeks to evaluate the safety and tolerability of TY027 - a monoclonal antibody that specifically targets SARS-CoV-2
Singapore's Tychan, a biotechnology firm backed by state investor Temasek Holdings, said it will begin human clinical trials next week for a potential monoclonal antibody treatment for Covid-19.
The first phase of the trial to be conducted on 23 healthy volunteers will take about six weeks to evaluate the safety and tolerability of TY027 - a monoclonal antibody that specifically targets SARS-CoV-2, the virus that causes Covid-19.
Antibodies are generated in the body to fight off infection. Monoclonal antibodies mimic natural antibodies and can be isolated and manufactured in large quantities to treat diseases in patients.
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Many scientists and researchers believe antibody-based therapies hold great promise for treating people already infected with the disease.
"We will continue with the fast pace of development as we are conscious that a day saved is a day less of misery," said Teo Ming Kian, chairman of Tychan. He added that the company reached human trials in four months, when it would usually take 12-18 months.
TY027 is being explored for the treatment of patients with Covid-19 to slow the progression of the disease and accelerate recovery, as well as for its potential to provide temporary protection against infection with SARS-CoV-2.
After passing key milestones in the first phase trial, Tychan will seek approval from the Singapore regulator to expand TY027 to a larger population of Covid-19 volunteer patients to establish its efficacy.
Temasek Holdings is the founding investor of Tychan, which has previously developed therapeutic treatments for zika and yellow fever.
