BioAge and Novartis Launch $530M Collaboration to Tackle Age-Related Diseases and Exercise Benefits

December 19, 2024
BioAge and Novartis Launch $530M Collaboration to Tackle Age-Related Diseases and Exercise Benefits
  • CEO Kristen Fortney emphasized that this collaboration underscores the value of BioAge's platform and aims to discover novel therapeutic targets to enhance health outcomes.

  • Importantly, the partnership allows BioAge to continue developing its existing programs independently while expanding its portfolio of potential therapies.

  • This collaboration also highlights the significance of lifestyle factors, particularly exercise, in promoting healthy aging and aims to identify molecular factors that could lead to new therapeutic interventions.

  • BioAge Labs has announced a multi-year research collaboration with Novartis, aimed at exploring the biological mechanisms behind age-related diseases and the benefits of exercise.

  • The collaboration has a total potential value exceeding $530 million, indicating strong financial support for innovative research and development efforts.

  • This partnership follows BioAge's recent IPO, which raised $198 million and valued the company at approximately $606 million, highlighting the pharmaceutical industry's growing interest in BioAge's drug discovery approach.

  • The collaboration comes on the heels of BioAge halting a Phase 2 obesity trial due to safety concerns, illustrating the challenges faced in biotech innovation.

  • Michaela Kneissel from Novartis expressed enthusiasm about leveraging human longevity data alongside exercise biology to create new treatment options for aging-related diseases.

  • The partnership includes up to $20 million in upfront payments and research funding, with the possibility of an additional $530 million contingent upon achieving specific milestones.

  • BioAge's extensive human longevity datasets, some tracking individuals for up to 50 years, will be combined with Novartis' expertise in exercise biology to identify new therapeutic targets.

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BioAge Labs announces collaboration with Novartis to target age-related diseases

Longevity.Technology - Latest News, Opinions, Analysis and Research • Dec 19, 2024

BioAge Labs announces collaboration with Novartis to target age-related diseases

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