Company Details

Name  Asterion
Year founded  2003
Category  Medicine
University partner  Sheffield
Fusion IP shareholding  38%
 

Contact Details

Contact details  Dr Richard Ross
Asterion Limited
The Bioincubator
40 Leavygreave Road
Sheffield
S3 7RD
Telephone  +44 (0) 845 003 5041
E-mail richardross@asterion.co.uk
Website  http://www.asterion.co.uk/
 

Company Background

Asterion is developing a range of third-generation therapeutic proteins that will improve  the current treatment options for patients with chronic diseases. Using its novel, patented ProFuseTM therapeutic platform Asterion is generating and developing long-acting biopharmaceutical products that can be administered at a lower dose, less frequently and with fewer side effects than existing marketed drugs.

Asterion is adopting a lower risk development strategy by developing third-generation Asterion Fusion Technology (AFTTM) therapeutic proteins that address unmet clinical and commercial needs in large markets where the targets are validated, the clinical development path is known and the commercial opportunity is clear. 

These proprietary, best-in-class, third-generation, therapeutic products are being developed and commercialised through a combination of internal programmes and external collaborations.

Asterion’s most advanced product is a long-acting Growth Hormone agonist product for the treatment of growth disorders, which is being developed in a strategic alliance with Ipsen. Asterion also has internal programmes for other cytokine targets, which include erythropoietin (AFTTM - EPO), G-CSF (AFTTM – GCSF), interferons (AFTTM - Inteferon α ; AFTTM - Inteferon β) and leptin (AFTTM – Leptin),  products which will be used to treat diseases such as anaemia, neutropenia, multiple sclerosis, growth disorders and autoimmune disorders. 

For the non-technical

Asterion has developed a range of man-made hormones that mimic the actions/or blocks the actions of our bodies natural hormones. These ‘drugs’ take an extremely long time to leave the body, which means a patient only has to take the drug once a week as opposed to once or twice a day.


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