EQS-News

TVM Capital Life Science Announces Creation of LAmAb Biologics to Develop Innovative Preventative Therapy for Allergy Patients - Seite 2

Caroline Fortier, CEO of LAmAb Biologics said: "The management team of LAmAb Biologics is excited to have the opportunity to bring to clinical proof-of-concept this promising asset as a preventative treatment for many forms of IgE-mediated allergies. These diseases incur a high burden not only on the health and social, economic, and emotional well-being of patients but also on society as a whole and remain a significant unmet medical need. We are taking a new and potentially disruptive view to addressing this challenge with the goal of enabling patients to live a full life without worrying about severe allergic reactions."

Allergic asthma has been increasing in recent decades due to the effect of a wide number of environmental risk factors, many of which are included under the umbrella of “modern lifestyle”. In the United States, about 40 million people have asthma at some time in their life (13% of the U.S. population) while 26 million people (8%) currently suffer from asthma While there are an increasing number of new therapeutic agents to manage allergic asthma, this condition remains a significant public health problem, which often requires the use of emergency care, sometimes including hospital admission, and is responsible for a high number of missed school and/or work days. Moreover, it can cause early permanent disability and premature death. Thus, there is a pressing need for improved broad therapeutic agents for allergic asthma.

Food allergies impact an estimated 3–10% of adults and 8% of children worldwide. In addition to the risk of severe and even fatal allergic reactions, there is considerable evidence that food allergies have a strong negative impact on quality of life, including social, emotional, physical functioning, and psychological burden for the patients and their families. There is today no cure for food allergies, with the only available treatments being antihistamines, epinephrine usage for accidental exposure, or time-consuming and risky prophylactic protocols. Better options are urgently needed to provide patients, especially those suffering from multiple allergies, with more effective and safer therapeutic options.