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Samsung affiliates will work with BrickBio to evaluate, manufacture, and develop therapies using BrickBio's protein engineering technology.
March 18, 2024
By: Kristin Brooks
Managing Editor, Contract Pharma
Samsung Life Science Fund, created jointly between Samsung Biologics, Samsung Bioepis, and Samsung C&T, and managed by Samsung Ventures, and BrickBio, Inc. announced Samsung’s investment in BrickBio, a preclinical-stage biopharmaceutical company focused on developing precision biologics using an expanded genetic code. Samsung affiliates will work with BrickBio to evaluate, manufacture, and develop advanced molecules and therapies using BrickBio’s protein engineering technology for antibody-drug conjugates (ADCs), AAV gene therapy, and other modalities. BrickBio’s technology uses an expanded genetic code to incorporate synthetic amino acids into proteins, all completed within a living cell. These synthetic amino acids enable the creation of precision biologics with broad application and potential. “We’re pleased to receive this support from Samsung, as well as the recognition of the potential for our advanced protein engineering technology to provide novel solutions for challenging medical conditions,” said John Boyce, the Chief Executive Officer and Co-Founder of BrickBio and Tiger Gene. “We look forward to using these proceeds to further our efforts in advancing our ADC candidates toward the clinic.” “BrickBio’s robust expanded genetic code in mammalian cells offer the potential to create molecules and therapies to address unmet needs,” said Ho Sung Cho, the Executive Vice President and Head of Early Research and Development of Samsung Bioepis.
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