ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

CRL Charles River Laboratories International Inc

233.47
3.58 (1.56%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Charles River Laboratories International Inc NYSE:CRL NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  3.58 1.56% 233.47 238.38 232.18 233.61 466,193 01:00:00

Charles River Laboratories Announces Strategic Partnership with Kibur Medical to Advance Preclinical Oncology Studies

25/02/2021 1:00pm

Business Wire


Charles River Laboratories (NYSE:CRL)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Charles River Laboratories Charts.

Implantable microdevice provides unique insight into individual and combination therapy efficacy during early-stage discovery

Charles River Laboratories International, Inc. (NYSE: CRL) today announced a strategic partnership with Kibur Medical to offer exclusive access to its implantable microdevice (IMD) for in vivo preclinical oncology studies.

Kibur’s Unique Technology

The IMD provides an opportunity to transform how researchers may assess efficacy of oncology compounds in vivo as both individual and combination therapies. Kibur’s microdevice technology can hold up to 20 different compounds for local administration, which allow it to:

  • Measure interactions between disease tissue and microdoses of therapies to predict the optimal drug regimen;
  • Rapidly test multiple combinations at once in vivo in most solid tumors​;
  • Dose therapies directly into disease tissue, allowing for investigative studies of early-stage compounds where pharmacokinetic properties are poorly understood.

Data-Driven Decisions

According to a study in Biostatistics, oncology drugs have a 97% failure rate in clinical trials. Together with Charles River’s leading expertise in early-stage preclinical testing, researchers can utilize the Kibur technology to perform in vivo testing of multiple doses and multiple combinations of oncology or immune-oncology therapies in small cohorts of patient-derived xenograft (PDX), cell-line derived or syngeneic models. Additionally, Kibur’s IMD provides both a platform to observe synergies of drug combinations and a time and cost-sensitive testing solution for extending indications of existing oncology drugs.

Excised tumor tissue is analyzed via multiplex immuno-histochemistry, immune cell readouts, spatial transcriptomics and MALDI-TOF mass spectrometry providing for rich datasets in short cycle times and thereby improved decision making early in the preclinical process.

Approved Quotes

  • “We are proud to partner with Kibur Medical to help advance our oncology service offering. The development of cancer therapies is extremely nuanced, and Kibur’s technology provides clients with important data on drug efficacy to help inform their preclinical programs.” –Birgit Girshick, Corporate Executive Vice President, Discovery and Safety Assessment, Biologics Testing Solutions, and Avian Vaccine Services, Charles River
  • “When looking for a strategic partner, we knew we wanted an organization with global reach and a strong scientific bench. Charles River’s longstanding reputation as an industry leader will help deliver our technology to the widest possible network, providing a huge opportunity to help develop the next generation of cancer therapeutics.” – Oliver Jonas, PhD, Scientific Founder, Kibur Medical

About Kibur Medical

Kibur Medical is a clinical stage biomedical company that develops devices and microsensors for in vivo applications. The company focuses on applications of its technology to develop precision treatments for cancer and other diseases, as well as enabling more efficient drug development in the preclinical and clinical space.

About Charles River

Charles River provides essential products and services to help pharmaceutical and biotechnology companies, government agencies and leading academic institutions around the globe accelerate their research and drug development efforts. Our dedicated employees are focused on providing clients with exactly what they need to improve and expedite the discovery, early-stage development and safe manufacture of new therapies for the patients who need them. To learn more about our unique portfolio and breadth of services, visit www.criver.com.

Investors: Todd Spencer Corporate Vice President, Investor Relations 781-222-6455 todd.spencer@crl.com

Media: Amy Cianciaruso Corporate Vice President, Public Relations 781-222-6168 amy.cianciaruso@crl.com

1 Year Charles River Laboratories Chart

1 Year Charles River Laboratories Chart

1 Month Charles River Laboratories Chart

1 Month Charles River Laboratories Chart

Your Recent History

Delayed Upgrade Clock