News: Umeå, 23 February 2021. Article in Biostock
Lipum develops a new biological drug for chronic inflammatory diseases. According to one study, the probability for approval of biological drugs is almost twice as high as that of small molecules (new molecular entities, NME). This bodes well for Lipum’s drug candidate SOL-116, which is an antibody. In addition, it has the potential to achieve orphan drug status, which would further increase the chances as it provides many benefits during the development process.