AplaGen

AplaGen was founded in April 2001 by Prof. Dr. med. Hans-Georg Frank, Prof. Dr. med. Peter Kaufmann and Dr. Franzpeter Bracht. Its basic technologies were a spin-off of the University of Technology Aachen, Germany (RWTH). From this starting point, AplaGen has transformed into a company with broad expertise in peptide design, synthesis and analysis.... It has successfully developed own products with independent patent protection for major markets, including the anemia market (EPO-market) and the thrombocytopenia market. This defines its core expertise, the discovery of cytokine-mimetic peptides. With its proprietary cytokine-mimetic peptide products, AplaGen is approaching large existing biopharmaceutical markets in a "smart-follower" position, which provides an optimal risk/chance profile. Pharmakokinetic optimisation of peptides is based on the approved drug Hydroxyethylstarch (HES) and protected by AplaGen´s IP. As privately held company, AplaGen has closed seed financing in 2001 and a series A financing in 2005. A new two-step series financing round is being closed in 2007 (1st step) and 2008 (2nd step). The first step was closed already with IVC and NRW.Bank as lead investors. AplaGen is dedicated to improvements for patients with dysfunctional bone marrow, especially oncologic patients. Both, erythropoietin and Thrombopoietin mimetic peptides will be developed by AplaGen at least until Phase II. To support this focus on oncologic indications, AplaGen is seeking early partner for the erythropoietin mimetic peptide in the indication of renal anemia.Read More