MedicalResearch.com Interview with:
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Dr. Mark Heffernan[/caption]
Dr. Mark Heffernan PhD
Dr. Mark Heffernan is a Nexvet co-founder, and has served as Chief Executive Officer and a member of the Nexvet board of directors since April 2011. In 2003, Dr. Heffernan co-founded Opsona Therapeutics Ltd., an Irish biotechnology company focused on human mAbs for inflammatory and oncology diseases. He also worked in R&D and business development roles for two Australia biotechnology companies, Antisense Therapeutics Limited and Metabolic Pharmaceuticals Pty Ltd., for a number of years. Dr. Heffernan has a BSc in Biochemistry and Pharmacology and a Ph.D. in Biochemistry from Monash University (Australia).
MedicalResearch.com: Tell me about Nexvet and its background? What is the company’s mission statement or goal?
Dr. Heffernan: Nexvet is a public (NASDAQ: NVET) clinical-stage biopharmaceutical company focused on developing and commercializing novel, species-specific biologics for companion animals (pets). We were founded five years ago and our mission has been to transform animal medicine by leading the introduction of biologic therapies (monoclonal antibodies and therapeutic proteins) into everyday veterinary practice. Many chronic conditions stand to benefit from biologic options, just as they have in human medicine, such as inflammation and cancer. Taking products with validation in human medicine is part of Nexvet’s development strategy, which leverages human data from these innovative therapies and rapidly advances the veterinary equivalents.
MedicalResearch.com: Can you tell us about the PETization™ platform? What is it designed to do?
Dr. Heffernan: PETization™ is Nexvet’s proprietary approach to monoclonal antibody (mAb) candidate design. It uses an algorithmic approach, ‘crunching’ libraries of natural antibody sequence data to rapidly design mAbs that are “100% species-specific” to a target species. This significantly reduces the risk of an immunogenic reaction, while preserving the parent (or ‘starting’) mAb’s affinity for its target.
PETization has demonstrated a reduction in the time and cost typically associated with the development of monoclonal antibodies using conventional methods, such as CDR grafting and its affinity maturation. Thus far Nexvet has used PETization to successfully convert human and rodent mAbs into canine, feline and equine mAbs. These candidates have demonstrated safety and efficacy across the clinical development spectrum including proof-of-concept (every species) right through to late-stage pivotal studies (in dogs).