Firm will fund research focused on wet and dry AMD.
Pfizer inked a collaboration and license agreement with University College London (UCL) related to developing stem cell-based therapies for certain ophthalmic conditions. The partnership will examine how human embryonic stem cells differentiate into retinal pigment epithelium (RPE) with the goal of developing treatments primarily for wet and dry age-related macular degeneration.
While Pfizer’s contributions will be in the form of design and execution of clinical studies, interaction with global regulators, as well as product manufacturing, UCL will focus on research and preclinical studies.
Pfizer will provide research funding to UCL. The firm will have exclusive, worldwide rights to develop and commercialize an RPE stem cell-based therapeutic in the ophthalmology field. After the completion of preclinical safety studies, Pfizer will have the option to conduct clinical development and commercialization.
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