In an interview with host Tracy Weslosky from InvestorNews, Zentek Ltd.’s CEO Greg Fenton begain their discussion on the substantial improvement in the aptamer platform’s binding affinity and yield as announced in their November 15th, 2023, release. Greg explains how the new platform may reduce the rapid clearance from the body, the researchers have increased the aptamer platform production to a 95% yield, which substantially reduces costs and positions them as potential replacements for monoclonal antibodies, offering efficiency and cost benefits.
Fenton highlights the rapid production capability of aptamers, taking only 6-8 weeks compared to longer durations for vaccines. Aptamers, composed of DNA sequences, are deemed safe and can be synthesized quickly for specific targets. This speed and cost-effectiveness give aptamers a competitive edge in the market, especially against antibody therapies.
He also discusses Zentek’s collaboration with McMaster University in medical research, noting that the aptamer platform is still in early stages but shows great potential. He emphasizes the importance of safety, dosing ranges, and further research to establish the platform’s market value.
Additionally, Zentek’s recent developments include ZenGUARD™ enhanced air filters, which offer significant cost savings in healthcare and energy efficiency. The filters reduce absenteeism and energy costs by requiring fewer air exchanges, representing economic benefits for building owners, businesses, and public healthcare systems.
Fenton also remarks on Zentek’s efficient use of funds, highlighting that their current stage of development would typically cost hundreds of millions of dollars, but they achieved it with a fraction of that amount. This efficiency is attributed to their partnership with McMaster University.
Finally, the addition of John Snisarenko, a former pharma industry executive, to Zentek’s board is seen as a strategic move to enhance the company’s outreach and partnership engagement in the pharmaceutical industry. His extensive pharmaceutical experience and connections are expected to be valuable for Zentek’s future development and commercialization strategy.
The news release from November 15, 2023, corroborates these developments, noting the substantial improvement in the aptamer platform’s binding affinity and yield. The release also highlights the potential for Zentek’s aptamers in precision therapy, competing with monoclonal antibodies, and the significant cost and timeline advantages inherent to their platform technology. Zentek’s CEO comments on the potential of the aptamer platform across various therapeutic areas and the company’s shift towards commercialization and partnership strategies. To access the complete interview, click here
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