Autobahn Labs Partners with Charles River to Boost Preclinical Therapeutics
Autobahn Labs partners with Charles River to advance preclinical therapeutics and academic biotech.
Breaking News
Jul 25, 2024
Mrudula Kulkarni
Autobahn Labs, a virtual accelerator for academic biotech
backed by Samsara BioCapital, and Charles River Laboratories International,
Inc. today announced a collaborative relationship that positions Charles River
as the preferred research partner to support Autobahn's expanding pipeline of
early-stage, preclinical therapeutics programs. Through this partnership,
Autobahn will have first access to Charles River's cutting-edge,
industry-standard medication research and development capabilities. The collaboration
aims to expedite the development of cutting-edge academic research into
ground-breaking new treatments across a variety of therapeutic modalities and
disease domains.
Charles River has invested in Autobahn Labs in accordance
with the terms of the agreement, joining a financing round headed by Samsara
BioCapital, the company's initial investor. Autobahn will be able to increase
the number of relationships with elite academic institutions, accelerate lead
preclinical initiatives, and find new options for medicines development using
the proceeds from the fundraising and cooperation with Charles River. Along
with the financing, Justin Bryans, Charles River's Chief Scientific Officer for
Discovery, became a member of the Autobahn Board of Directors.
"I am excited to collaborate with the Autobahn Labs
team on their preclinical therapeutics programs," stated Justin Bryans,
Charles River's Chief Scientific Officer for Discovery. "We anticipate
that by pooling our expertise, we will be able to advance drug discovery and
development initiatives and eventually provide patients with essential
therapeutics."
Brendan O'Leary, CEO of Autobahn Labs, stated, "We are
excited for Charles River to join Samsara BioCapital as an investor and partner
in Autobahn's mission to translate the best of academic biotech." Through
the combination of Autobahn's deal sourcing and venture formation ability with
Charles River's industry-leading drug discovery and development capabilities,
we will be able to effectively de-risk academic research with high therapeutic
promise, from innovative idea to preclinical drug candidate.