AavantiBio Furthers Strategic Partnership with University of Florida to Research and Develop Next Generation Gene Therapy Capsids

  • Research Collaboration to Focus on Optimized Genetic Capsid Codes
  • AavantiBio and UF Aim to Create Pipeline of Safer, More Effective and Tissue Specific Gene Therapy Capsids
  • Partnership Further Enhances AavantiBio’s Strategic Capabilities as Company Builds Out Platform Focused on Advancing Innovative Gene Therapies

CAMBRIDGE, Mass. & GAINESVILLE, Fla.–(BUSINESS WIRE)–AavantiBio, a gene therapy company focused on transforming the lives of patients with rare genetic diseases, today announced it is partnering with the University of Florida to research and develop next generation gene therapy capsids with the goal of creating safer, more effective, and tissue specific gene therapies. The expansion of this partnership will enable AavantiBio to further build out its platform focused on advancing innovative gene therapies in areas of significant unmet medical need.

The Adeno-associated virus (AAV) is the “delivery vehicle” for gene therapy, but the AAV’s capsid, or protein shell, is what steers the virus to the target cells and tissues, such as the heart, kidneys, lungs, and brain. As part of the strategic research collaboration focused on optimized genetic capsid codes, AavantiBio and the University of Florida will implement advanced cellular, molecular, and computational tools to develop next generation AAV gene therapies. By utilizing machine learning and UF’s HiPerGator 3.0 supercomputer, the Company is seeking to optimize genetic codes to create a pipeline of improved capsids for more effective and safer delivery for gene therapy.

We are thrilled to build upon our partnership with the University of Florida and strengthen our commitment to developing the safest and most effective gene therapies to help patients with rare genetic diseases,” said Bo Cumbo, President and Chief Executive Officer of AavantiBio. “The smallest changes in the genetic code of gene therapy capsids have the potential to dramatically improve biodistribution and efficacy to targeted tissues. We look forward to pursuing this exciting research as we aim to build a sustainable platform approach beginning with our lead program in Friedreich’s Ataxia, and currently extending into other complex disease areas where there is high unmet need.”

AavantiBio has an existing partnership with the University of Florida’s Powell Gene Therapy Center and the MDA Care Center at UF Health where co-founders and gene therapy researchers Barry Byrne, M.D., Ph.D., and Manuela Corti, P.T., Ph.D., maintain their research and clinical practices. The Company also has R&D, discovery, process, and analytical development laboratory facilities in Gainesville, FL.

It has been exciting to watch AavantiBio grow as a company in its offices and lab space at UF Innovate | The Hub,” said Jim O’Connell, Assistant Vice President of Commercialization at UF. “AavantiBio’s use of UF’s powerful AI to develop a pipeline of gene therapy capsids will raise the bar for safe and effective gene therapy and gives the Company the potential to find therapy for diseases that currently have no cure.”

AavantiBio, launched in October 2020 with foundational financial backing from some of the life science industry’s leading investors, has announced strategic partnerships and collaborations with Aldveron, National Resilience, Inc., and Catalent in recent months to support the development and manufacturing of a diversified pipeline of gene therapies.

About AavantiBio, Inc.

AavantiBio is a gene therapy company backed by a premier syndicate of life sciences investors including Perceptive Advisors, Bain Capital Life Sciences, and RA Capital Management, who led the company’s $107 million Series A financing. Headquartered in Cambridge, Massachusetts, AavantiBio’s platform is focused on advancing innovative gene therapies in areas of high unmet medical need, including a lead program in Friedreich’s Ataxia, a rare inherited genetic disease that causes cardiac and central nervous system dysfunction. The company benefits from strategic partnerships with the University of Florida’s renowned Powell Gene Therapy Center and the MDA Care Center at UF Health where AavantiBio’s co-founders and renowned gene therapy researchers Barry Byrne, M.D., Ph.D. and Manuela Corti, P.T., Ph.D. maintain their research and clinical practices. Learn more at www.aavantibio.com.

Contacts

Media

For AavantiBio:
Stanton

Scott Lessne

(646) 502-3569

slessne@stantonprm.com

For University of Florida:
UF Innovate

Sara Dagen

(352) 392-8929

sdagen@ufl.edu