SAN FRANCISCO and BERKELEY, Calif., Feb. 24, 2015 /PRNewswire/ -- Bayer HealthCare and Aronora, Inc. today announced its strategic alliance to manufacture Aronora's AB-022 compound for the treatment of cardiovascular diseases. As a tenant of the U.S. CoLaborator, Bayer's life sciences incubator facility based in San Francisco, Aronora will partner with Bayer HealthCare's Global Biologics Development group in Berkeley for the pre-clinical manufacturing of AB-022.
"We have established a close, trusted relationship with Bayer HealthCare," said Andras Gruber, CEO of Aronora. "We are thrilled to extend our relationship with this agreement. The close proximity of Bayer's research and manufacturing sites to the CoLaborator has made this partnership a natural fit for us. The in-depth drug discovery and manufacturing expertise at Bayer has been valuable for advancing our compound towards the clinic."
"This partnership with Aronora highlights Bayer's unique Bay Area footprint spanning from early stage research through development and manufacturing. We are proud to offer our partners access to Bayer's experts across the entire drug development process," said Chris Haskell, Head of Bayer's U.S. Science Hub. "Our partnering strategy is designed to be flexible, to meet the needs of our collaborators—including start-ups like Aronora. We are excited to advance this collaboration to share our manufacturing expertise and capabilities."
Bayer HealthCare's Bay Area biotechnology presence includes its U.S. Innovation Center in San Francisco and Bayer's Berkeley site, which is a global biologics manufacturing center and functions as the headquarters for its biotechnology product supply organization.
About Aronora, Inc.
Aronora, Inc. is a small translational biotechnology company engaged in the early-stage commercial development of proprietary biologics. Aronora is based in Portland, Oregon, with satellite operations in San Francisco, California. Aronora's products are intended to be used in difficult-to-treat life-threatening diseases, including heart attack, stroke, and severe infection-associated coagulopathy. These conditions often present as true medical emergencies that currently have no or limited causal field treatments. Building on the company's ground-breaking rational approaches to exceptional drug safety, Aronora's product candidates have the potential to become first-in-class medical emergency therapeutics. More information is available at www.aronorabio.com.
About Bayer HealthCare
The Bayer Group is a global enterprise with core competencies in the fields of health care, agriculture and high-tech materials. Bayer HealthCare, a subgroup of Bayer AG, with annual sales of EUR 18.9 billion (2013), is one of the world's leading, innovative companies in the healthcare and medical products industry and is based in Leverkusen, Germany. Bayer HealthCare combines the global activities of the Animal Health, Consumer Care, Medical Care and Pharmaceuticals divisions. Bayer HealthCare's aim is to discover, develop, manufacture and market products that will improve human and animal health worldwide. Bayer HealthCare has a global workforce of 56,000 employees (Dec 31, 2013) and is represented in more than 100 countries. More information is available at www.healthcare.bayer.com.
About Bayer in the Bay Area
Bayer HealthCare is the third largest biotech employer in the Bay Area and a global leader in the research, development and manufacturing of biotechnology and specialty pharmaceutical therapies that improve human health. Bayer HealthCare's presence on the U.S. West Coast includes a manufacturing facility in Berkeley and its U.S. research hub, the U.S. Innovation Center in San Francisco.
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This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer Group or subgroup management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer's public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.
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SOURCE Bayer HealthCare