The biotechnology group BRAIN Biotech AG informed investors about important developments in the company as part of a "Capital Markets Day". The focus was on BEC technology and its potential for the company.
BRAIN Biotech sees significant commercial potential in its proprietary genome editing technology, BRAIN Engineered CAS (BEC). This technology platform has good prospects to contribute to dynamic revenue growth in the service business (TMS) as a "We CRISPR for you" service. In addition, BEC will accelerate proprietary developments from BRAIN’s incubator, be used to develop highly efficient microbiological production strains, and offer the opportunity to build-up a lucrative licensing business.
Given the importance of BEC for the development of the company, the first step will be to create a flexible unit within BRAIN Biotech AG that will focus exclusively on the further development and partnering of this genome editing technology. In a second step, the technology will be carved out into a separate company. This will allow for maximum agility in research and enable flexible financing alternatives along the expansion path on the range of applications.
Lukas Linnig, CFO BRAIN Biotech AG, states: „The BEC technology is based on a proprietary CRISPR-Cas9-independent nuclease and can be employed for precise genome editing. With this proprietary development, BRAIN achieves freedom to operate from existing patents and can therefore use this technology cost-effectively for its own developments as well as aim to develop a profitable licensing business. In addition, we use BEC in service activities for our customers. Our proprietary genome editing nuclease enables BRAIN to actively participate in a market with strong growth and great influence on a sustainable biology based industrial production.”
Looking for additional strategic cooperation partners
In addition to the exclusive partnership for the use of the BEC technology in plants and the development in the field of life sciences announced in July together with Sartorius, BRAIN Biotech is actively striving for a partnering strategy in order to develop new fields of application, such as health care or diagnostics. Adriaan Moelker, CEO of BRAIN Biotech AG, says: "Strong partners are essential for us to quickly and purposefully introduce new applications and products to the market which are based on our BEC. We will carefully consider when to partner to ensure that all of BRAIN’s stakeholders can participate in BEC’s economic potential to the full extend.”
CRISPR-Cas genome editing nucleases can be used to modify genetic material in cells by specifically altering genes and inserting them into the genome or removing them altogether. Scientists use this biotechnological gene-editing process to make plants more resistant to pests or drought, for example, or to produce biological fuels. In biopharmaceuticals, gene scissors can lead to new therapies and improve the chances of curing a wide range of diseases such as cancer, neurodegenerative or hereditary diseases. Genome editing also has a wide range of applications in industrial biotechnology. Industry and academia alike are benefiting from an increasing variety of available genome editing tools.
Recorded presentations on the CMD 2021