PR Newswire | Dec 10, 2020 02:52AM EST

12/10 01:51 CST

Alligator Bioscience launches ALLIGATOR-FAB(tm) - a novel human antibody library LUND, Sweden, Dec. 10, 2020

LUND, Sweden, Dec. 10, 2020 /PRNewswire/ -- Alligator Bioscience(Nasdaq Stockholm: ATORX) today announced the completion of a novel proprietary human synthetic antibody library in Fab (Fragment antigen-binding) format - ALLIGATOR-FAB(tm). The design of the library and antibody diversity has been optimized to ensure the development of highly functional antibodies with excellent developability properties.

The ALLIGATOR-FAB library is built on multiple antibody backbones with optimal drug development properties to further increase the structural diversity of generated antibodies. The ALLIGATOR-FAB library has been shown to generate pools of highly diverse and functional antibody variants.

"ALLIGATOR-FAB is a great addition to our technology platform and perfectly complements our well-established ALLIGATOR-GOLD(r) library as well as the bispecific format RUBY(tm). With the two human antibody libraries at hand, Alligator has the capacity to generate therapeutic mono- and bispecific antibodies against virtually any target", said Per Norln, CEO of Alligator Bioscience.

ALLIGATOR-FAB has been key in the generation of the latest drug candidate in Neo-X-Prime, the novel immuno-oncology concept recently launched by Alligator.

For further information, please contact:Cecilia Hofvander, Director Investor Relations & CommunicationsPhone +46 46 540 82 06E-mail: cecilia.hofvander@alligatorbioscience.com

The information was submitted for publication, through the agency of the contact person set out above, at 08:30 a.m. CET on December 10, 2020.

About Alligator Bioscience

Alligator Bioscience AB is a clinical-stage biotechnology company developing tumor-directed immuno-oncology antibody drugs. Alligator's pipeline includes the two key assets ATOR-1017 and mitazalimab. Furthermore, there are two partnered assets: ALG.APV-527 in co-development with Aptevo Therapeutics Inc. and AC101 in clinical development by Shanghai Henlius Biotech Inc. In addition, the company has developed a novel concept for more patient-specific immunotherapy: Neo-X-Prime. Alligator's shares are listed on Nasdaq Stockholm (ATORX). The Company is headquartered in Lund, Sweden. For more information, please visit www.alligatorbioscience.com.

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SOURCE Alligator Bioscience