Eleven Biotherapeutics Announces Signing of Exclusive License Agreement
License to Roche Covers IL-6 Antagonist Antibody Technology, Including EBI-031
IND Submission for EBI-031 Announced Today
CAMBRIDGE, Mass.--- Eleven Biotherapeutics, Inc. (EBIO), a biopharmaceutical company discovering and developing protein therapeutics to treat diseases of the eye, today announced that it has entered into an exclusive license agreement with F. Hoffmann-La Roche Ltd. and Hoffmann-La Roche Inc. (Roche) relating to Eleven’s Interleukin-6 (IL-6) technology. Under the terms of the agreement, Eleven has agreed to grant an exclusive, worldwide license to Roche to develop and commercialize EBI-031, a humanized monoclonal antibody that potently binds IL-6 and inhibits all known forms of IL-6 cytokine signaling, currently being developed for the potential treatment of ocular diseases, and all other IL-6 antagonist antibody technology owned by Eleven.
- Published: 13 June 2016
- Written by Editor