Theraclone Gets Funding for HIV

Theraclone Sciences, the Seattle-based developer of antibody drugs formerly known as Spaltudaq, said today it has received additional funding from the International AIDS Vaccine Initiative to continue developing antibodies that could lead to an AIDS vaccine, or new treatment. The HIV virus has dodged past attempts to develop antibody-based treatments or vaccines, because it mutates quickly to avoid them, but Theraclone’s approach follows clues from the immune systems of people with rare immune systems that give them natural protection against the virus, as I described in this April feature. Financial terms weren’t disclosed.

Author: Luke Timmerman

Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.