Out of the ivory tower
Deirdre Newman
While an academic environment is good for research, it’s not the ideal
setting for raising huge amounts of money.
That’s why two UC Irvine researchers have abandoned the ivory tower
and started a private company to develop a human antibody for the
paralyzing effects of multiple sclerosis and spinal cord injuries.
Tom Lane and Hans Keirstead founded Ability Biomedical Corp. and moved
into their new office in an Irvine business park this week. They expect
the laboratory to be up and running in a few weeks.
While they both intend to continue with their teaching
responsibilities at UCI, they said starting a private company will enable
them to raise more money faster and expedite the development of the
antibody on their own terms.
“You either hand it off to a big pharmaceutical, if they’re so
interested, or move it forward yourself,” Keirstead said. “So Tom and I
have created a company to build it forward ourselves because we feel that
we are the best minds since we are the founders of the technology in the
first place.”
Lane came to UCI in 1998 and started working on a viral model for
multiple sclerosis right away. Scientists don’t know the exact cause of
the disease but suspect there could be a link between a viral infection
and multiple sclerosis, Lane said.
His research in mice identified a protein that was found in large
supply in areas where parts of nerve tissue had been destroyed by the
ailment. This model confirmed the pattern of multiple sclerosis in
patients and was the first to show the potency of the protein’s effect in
an animal model.
The next step was developing an antibody, which was so successful that
it reversed paralysis in mice that had been injected with a virus that
causes a multiple sclerosis-like disease.
“When the animals started walking again, we saw repair of the nervous
tissue,” Lane said.
The collaboration between Lane, an assistant professor of molecular
biology and biochemistry, and Keirstead, an assistant professor of
anatomy and neurobiology, started after Lane gave a presentation at UCI’s
Reeve Irvine Research Center, where Keirstead works. Keirstead, an expert
in spinal cord regeneration, saw similarities between the research Lane
was conducting on multiple sclerosis and spinal cord injuries.
Keirstead suggested using Lane’s antibody on his model of spinal cord
injuries, and it worked “like gangbusters” to block paralysis in mice,
Lane said.
In addition to the scientific research, the personalities of the two
scientists meshed as well, Lane said.
It was Keirstead who came up with the idea of starting a private
company about a year and a half ago. Keirstead drew on his experience
beginning a previous company in Canada. He is chief executive and
president of Ability Biomedical, while Lane is the chief scientific
officer.
“I know how to build a company and raise money,” Keirstead said. “It
was a very clear path for me and an extension of our desire to move this
science into people.”The business plan for the company wowed investors,
scoring funding on the company’s first round of venture capital
presentations.
The researchers also had to license the technology they developed from
UCI, crediting university officials with supporting their endeavor.
The company expects to develop a human antibody within a year and to
start clinical trials within another year.
Lane stressed the company will not be able to choose specifically who
can participate in the clinical trials.
The researchers will also explore other potential targets for treating
multiple sclerosis and ways its technology can be applied to other
diseases, such as strokes.
Walking through the empty lab that will soon be bustling with
activity, Lane said he is excited to see their efforts come to fruition.
“[Keirstead] and I got our PhDs and went into biomedical research with
the goal of developing something to help people, and we’re in the
position now to really make that happen,” Lane said.
* Deirdre Newman covers education. She may be reached at (949)
574-4221 or by e-mail at o7 deirdre.newman@latimes.comf7 .
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