Akston Biosciences Receives 2023 Most Innovative Award at Animal Health Summit
31 Agosto 2023 - 12:10PM
Business Wire
Akston Biosciences Corporation, which invents, develops and
manufactures breakthrough protein therapeutics for Companion Animal
Health, received the 2023 Innovation Award at the just-concluded
Animal Health Summit in Kansas City, MO.
Akston was selected from a highly competitive field of Animal
Health companies that participated in the “Emerging Company
Presentations,” The Selection Committee stated it was the most
qualified group of applicants since the program's inception in
2009. Of the 51 companies that applied, the committee chose 14
companies to present at the Summit and compete for the Innovation
Award.
The judges that selected Akston included Brian Axe, Managing
Director, NovaQuest Capital Management; Fabian Kausche, Ph.D.,
Owner, FK Consulting, LLC; Linda Rhodes, VMD, Ph.D., Independent
Consultant; Karine Sellam, Senior Director, Business Development,
Zoetis; and Craig Wallace, Owner, C.S. Wallace Animal Health
Investments + Strategy.
“We are honored to receive the 2023 Most Innovative Award,” said
Todd Zion, Ph.D., president and CEO of Akston. “The Summit was a
wonderful opportunity for us to share what we have achieved and our
plans for the future with potential corporate partners and
investors. This is an exciting time for Animal Health and I want to
thank everyone at the Kansas City Animal Health Corridor for
bringing together such a large group of industry leaders.”
In his presentation, Dr. Zion underscored the transformative
potential of the company’s Ambifect™ Fc-fusion platform. This
enables the invention of novel, high-value, and species-specific
therapeutics. Dr. Zion also highlighted Akston’s integrated
capabilities, from invention to development and commercial
production, and why this can be the key to bringing new products to
market faster and at lower cost.
Akston’s most advanced candidates are AKS-321d and AKS-425c,
groundbreaking once-a-week insulins to treat canine and feline
diabetes. Both are licensed to and are being developed in
partnership with Dechra Pharmaceuticals, Plc, a global veterinary
pharmaceuticals company. These can significantly improve the
standard of care, enhancing the quality of life for pets and their
owners by replacing the current twice daily injection regimen.
Other candidates in Akston’s development pipeline include AKS-544d,
which targets chronic pain in canines, and AKS-197d, an insulin
receptor down-regulator for treating canine cancers.
About Akston Biosciences
Akston Biosciences Corporation invents, develops, and manufactures
breakthrough protein therapeutics for Companion Animal Health. It
was founded by the team that developed the world’s first clinical
glucose-responsive insulin at SmartCells, Inc. (sold to Merck &
Co.). Akston uses its Ambifect™ Fc-fusion platform to design its
own novel candidates and operates a multi-kilogram-scale cGMP
biologics clean-room factory dedicated to Animal Health therapeutic
production. The company also provides Contract Development and
Manufacturing Organization (CDMO) services for other Animal Health
companies. Additional information is available at
www.akstonbio.com.
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Linda Pendergast-Savage Birnbach Communications for
Akston Biosciences 1-508-224-7905 |
lpendergastsavage@birnbachcom.com