Aqilion sells holdings in project company Belina to its founder

The project company Belina is running an innovative project in early phase and is developing a product for treatment of breast cancer.After changing its strategy and organization in 2018, Aqilion decided to transfer its holdings in Belina AB to its founder and innovator since Aqilion is no longer an ideal partner for the continued development of Belina as a company and commercialization of its future product.

Many years of research at Lund University, in Sweden, have shown that long-term treatment with a specific pharmaceutical substance combined with current treatment regimens for breast cancer can lead to significantly improved survival. The innovation is based on research in oncology under the leadership of Professor Håkan Olsson at Lund University. After investigating data and registry studies, the research group found higher survival among patients treated with an approved medication in parallel with their breast cancer treatment. Belina was founded as an extremely early innovation project within what was known as the PULS group at the time, currently known as Aqilion.

“The innovation is based on large registry studies and solid research in breast cancer and is extremely interesting. Based on Aqilion’s new strategy, we have determined that we are no longer the right partner for commercial development of the project and the Board of Directors has therefore decided to transfer Aqilion’s stake in Belina to its founder. We hope that by doing so, Håkan Olsson’s research group will be able to continue to take advantage of new data and pave the way so their discovery will benefit patients in the future,” says Sarah Fredriksson, CEO of Aqilion.

About AQILION AB
Aqilion is a Swedish life science company that identifies unique pharmaceutical projects at an early phase in the drug discovery process and develops them in preparation for clinical trials. The goal is to demonstrate the clinical and commercial potential of the medical innovation to attract industrial partners and buyers, who in turn have the capacity to continue clinical development and take the product to market. The business model is based on involvement at an early stage and close collaboration with the innovator, regardless of whether the project is initiated by an external researcher, internal development project, or industrial partner. Aqilion prefers projects aimed at niche markets. Specialty medications (high-cost, high complexity and/or high touch drugs) and orphan drugs (drugs to treat diseases so rare that they would be unprofitable to produce without government assistance) are particularly interesting. Aqilion has its headquarters in Helsingborg, Sweden. Please visit www.aqilion.com

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PULS changes its name to AQILION AB

Today the company Partners för Utvecklingsinvesteringar inom Life Science, P.U.L.S. AB is changing its name to AQILION AB. The name change marks a new phase in the development of the company, with a new strategy and identity. The decision was formally taken at an Extraordinary General Meeting in February, and the name is now registered. In conjunction with the name change, a new graphic profile is being developed that will reflect the new Aqilion strategy and identity.

Aqilion is a Swedish life science company that focuses on pharmaceutical projects with potential to improve quality of life for patients, while generating value for health services and society. Aqilion searches for opportunities – for ideas based on solid research resting on a firm biological foundation, and offering both clinical relevance and patient benefit. The company identifies unique pharmaceutical projects in the early phase of drug discovery and develops them in preparation for clinical trials with the aim of attracting industrial partners and buyers, who in turn have the capacity to continue clinical development and take the product to market. Aqilion provides capital and an experienced team that, along with specialists and innovators, tailors the project organization to each specific project.

The name Aqilion derives from Aquila, the Latin name of a genus that includes eagles. The name of the company symbolizes an astute and versatile organization that can apply the keen-sighted perspective of the eagle with great precision to find the early life science projects that are a perfect fit for the Aqilion business model. Aquila is also the name of a constellation that is visible in the northern hemisphere. The Nordic constellation reflects the potential of close collaboration in networks.

“We have high ambitions and want to act both locally and globally. A strong and clear brand is essential for our success. We also want to mark a new phase in the development and strategy of the company with a name change. The name Aqilion feels right; it is unique and its origin reflects who we are and who we want to be,” says Sarah Fredriksson, CEO, AQILION AB.

More information can be found on the new website, www.aqilion.com, which is being launched today.

About AQILION AB
Aqilion is a Swedish life science company that identifies unique pharmaceutical projects at an early phase in the drug discovery process and develops them in preparation for clinical trials. The goal is to demonstrate the clinical and commercial potential of the medical innovation to attract industrial partners and buyers, who in turn have the capacity to continue clinical development and take the product to market. The business model is based on involvement at an early stage and close collaboration with the innovator, regardless of whether the project is initiated by an external researcher, internal development project, or industrial partner. Aqilion prefers projects aimed at niche markets. Specialty medications (high-cost, high complexity and/or high touch drugs) and orphan drugs (drugs to treat diseases so rare that they would be unprofitable to produce without government assistance) are of particular interest.
Aqilion has its headquarters in Helsingborg, Sweden. Please visit www.aqilion.com.

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PULS project company Laccure ends collaboration with Combe and continues the commercialization process in-house

Combe has announced that it is terminating the license agreement because the company has changed its priorities and strategy for its development projects. Laccure will take the product back and continue to pursue development toward commercialization with support from the PULS team.

Based on a clearly identified medical need, Laccure has succeeded in developing an innovative over-the-counter product, Laccure® Vagitorium, that helps women who suffer from bacterial vaginosis. In May 2017 an exclusive licensing agreement was signed with Combe Inc. In addition to responsibility for launching and marketing the product, Combe also assumed responsibility at that time for the continued scaling up of production.

According to the agreement, all rights and development results, will now be returned to Laccure as soon as possible. After evaluating the results that Combe generated, the Laccure management team will continue to formulate its strategy for continued business development.

“Combe’s change in strategic direction opens up new opportunities for us. Laccure can now complete development of the production process on its own, while greatly benefitting from the results that Combe so far has generated. The PULS team will provide Laccure with the support it needs to achieve commercialization of the product,” says Sarah Fredriksson, CEO, P.U.L.S. AB.

For more information, please contact:
Sarah Fredriksson, CEO, P.U.L.S. AB, + 46 70 261 4575, sarah.fredriksson@pulsinvest.se

About Laccure
Laccure has developed a breakthrough new over-the-counter women’s health product, Laccure® Pessary, that was developed to treat bacterial vaginosis. About 300 million women worldwide suffer from this condition each year and the infection is a large hidden health problem. Many women experience bacterial vaginosis as an uncomfortable and embarrassing condition that adversely affects their quality of life.

No approved product is currently available that meets safety and efficacy requirements, is user-friendly, and can be dosed at longer intervals. The company’s product was initially developed at Lund University in Sweden and the Medical University of Gdansk in Poland. Further drug development and GMP manufacturing for preclinical and clinical studies were carried out in collaboration with several contract research companies.

Laccure AB was founded in 2007 and is based in Helsingborg, Sweden. www.laccure.com

About PULS
PULS (Partner for Development investments at Life Sciences, P.U.L.S. AB) is a Swedish life science company with a unique combination of researchers and industrialists who work with innovators to commercialize ideas by providing capital, know-how and a committed partnership. PULS invests in early projects and develops them in close cooperation with innovators throughout the entire process, from idea to attractive projects for industry. Since 2002 PULS has started eleven project companies. Current PULS projects are: Adenovir Pharma, Belina, Glactone Pharma, Laccure, Oncorena and Trophea. www.pulsinvest.se