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The success story of a biotech company built on a Moroccan camel’s blood

Ablynx, a Belgian biotech company has seen success because of a Moroccan camel’s blood. On Monday, they have agreed, to Sonafi’s USD 4.8 billion bid.

Ablynx was founded in 2001 by former students of the ULB University after they discovered that the properties of Moroccan camels antibodies had applications on humans. /Ph: Adlynx
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In the 1980s, a group of students at the Free University of Brussels were determined to carry out a project using frozen samples of camel blood. They have discovered that the animal’s immune-system proteins might be of a great use in the field of biotechnology, and so, they decide to make their research project work relying on Morocco.

In a Bloomberg article published Monday, Serge Muyldermans, a researcher who helped the group found their company, Ablynx, explained that they had to source camel blood from the North African Kingdom, after the camel they were relying on suddenly disappeared.

«When that animal inexplicably disappeared, a lab worker in Belgium who had ties to the North African country began traveling back and forth, bringing samples from an uncle’s camel», Muydermans told the American financial magazine.

With the Moroccan camel’s blood, the group of Belgian scientists managed to convince the world about their research. Years later, most precisely in 2002, they have created their company, a biopharmaceutical firm engaged in the discovery and development of the Nanobodies. The latter is a single-domain antibody they obtained by immunization of Moroccan camels.

A 4.8 billion bid

With its successful background, the company headquartered in Ghent, Belgium, have agreed to a $4.8 billion bid presented by the French drug maker, Sanofi. The latter managed to overthrow NOVO, a Danish multinational pharmaceutical company headquartered in Bagsværd, Denmark, with production facilities in eight countries, which was also bidding to acquire the Belgian firm, reports Reuters.

Ablynx rejected NOVO’s 2.6 billion Euro offer believing that it was not as promising as Sanofi’s, which has been one of the company’s biggest pharma partners since July 2017. «This nanobody platform is in very safe hands with someone who recognizes the wide applicability of the technology», Edwin Moses, the company's CEO told Bloomberg commenting on Sanofi's bid.

For the record, Ablynx’s Nanobodies are used in molecules for rare blood deseases, conditions including inflammation, respiratory disorders and cancer.

Itwasntme
Date : le 31 janvier 2018 à 16h18
Well,Actually i am suprised..perplexe On this great news for morocco pharma industry,you forgot to add a link to ben barka case ptdr Have a close look at your yabiladi history log ,it speaks for itself. you simply hate morocco even when such good news had no political connection. So,Give us a break and start applying these popular sayings and quotes to yourself.
Citation
Krim à écrit:
“It is the obvious which is so difficult to see most of the time. People say it is as plain as the nose on your face., But how much of the nose on your face can you see, unless someone holds a mirror up to you?” ― Isaac Asimov, I, Robot “Yelling doesn't get your point across, it only makes it louder.” ― Grant Hill
moirk
Date : le 31 janvier 2018 à 13h50
“It is the obvious which is so difficult to see most of the time. People say it is as plain as the nose on your face., But how much of the nose on your face can you see, unless someone holds a mirror up to you?” ― Isaac Asimov, I, Robot “Yelling doesn't get your point across, it only makes it louder.” ― Grant Hill
Itwasntme
Date : le 30 janvier 2018 à 17h47
@krim, Oh my god!will you stop?Are you crazy Sorry to disapoint you... Yes it s a 100% camel from morocco and not from mongolia!ptdr Yes,Mr krim! the pharmaceutical active ingredients (API) doesn t belong to sonafi but to the moroccon camel blood.
Citation
Krim à écrit:
http://www.ablynx.com/technology-innovation/understanding-nanobodies/ The hero here is the Moroccan Camel or the scientist who did the discovery ?
moirk
Date : le 30 janvier 2018 à 11h07
http://www.ablynx.com/technology-innovation/understanding-nanobodies/ The hero here is the Moroccan Camel or the scientist who did the discovery ?
Dernière modification le 31/01/2018 16:18