APT Therapeutics Inc. Enters Worldwide Collaboration, Option and Asset Purchase Agreement for Investigation of Human Apyrase Therapy

By a News Reporter-Staff News Editor at Biotech Week APT Therapeutics, Inc., a privately-held biopharmaceutical company, announced a research collaboration, option and asset purchase agreement with AstraZeneca. APT Therapeutics has applied proprietary protein engineering strategies to develop APT102, an innovative human apyrase therapy for the treatment of thrombotic diseases. Uniquely different than current FDA-approved antithrombotic drugs that can increase bleeding risk, APT102 attenuated clot formation without causing bleeding in animal models of heart attack and stroke. APT102 has also been shown in animal models to mitigate bleeding associated with current antithrombotic medications. Moreover, APT102 has demonstrated a fast onset of action in animal models, giving it potential to fulfill an unmet need in prehospital settings where "time is heart and brain.