Entrepreneurship is another aspect of innovation at UHN. Under the leadership of dynamic researchers, particularly promising ideas or techniques can be spun out into
the marketplace. The company described below is one such example at UHN.
A multi-million dollar biotech company that was the brainchild of two OCI/PMH scientists is leading the way in bringing the science of structural genomics out of the
lab and into the business world.
Founded in August 2000 by OCI/PMH scientists Drs. Aled Edwards and Cheryl Arrowsmith (and UT professor Dr. Jack Greenblatt), Affinium Pharmaceuticalspreviously Integrative Proteomics Inc.uses
genetically engineered bacteria and insect cells to produce proteins, and uses technologies such as NMR, mass spectrometry and X-ray crystallography to visualize
3-D molecular images of them. This knowledge forms the basis of structure-based drug design to develop new therapies.
Affinium grew out of our first company, Chalon Biotech, which was founded at OCI/PMH in the late 1990’s. UHN 'incubated' our fledgling company
by providing laboratory space and infrastructure to help get our business off the ground, says Dr. Arrowsmith. In return, UHN negotiated a 10% equity stake in Chalon.
Since its inception, Affinium has raised over $33M US, and it recently announced a major strategic alliance with Pfizer Inc. and a venture with GlaxoSmithKline
in the area of structure-guided drug discovery.
Institute: OCI/PMH
Division: Molecular and Structural Biology
Priority Platform: Genes, Proteins & People