Alveolus Bio, a pioneering respiratory drug development biotech company founded by Dr. Vivek Lal from University of Alabama at Birmingham, has secured a strategic financing round led by Shilpa Medicare Limited, a prominent global pharmaceutical company with extensive expertise in respiratory therapeutics manufacturing and biotechnology innovation. The partnership positions Alveolus Bio to advance its respiratory therapeutics platform toward Phase 2 clinical trials and first-in-human studies, with a lead asset for COPD progressing rapidly.
Strategic Partnership Structure
Through this collaboration, Shilpa Biologics, the biologics arm of Shilpa Medicare, will become Alveolus Bio's exclusive global development and manufacturing partner. This partnership propels Alveolus Bio's live biotherapeutics and small molecule platform towards advanced clinical development stages.
Shilpa Medicare brings deep experience in drug discovery, development, and manufacturing, along with strong regulatory capabilities to the partnership. Their investment and strategic involvement will accelerate the clinical advancement of Alveolus Bio's proprietary resMIT (respiratory microbiota-based inhaled therapeutics) platform.
Novel Therapeutic Platform
Alveolus Bio's resMIT platform represents a novel approach that enables targeted delivery of inhaled therapies to deep lung regions. This innovative platform addresses unmet medical needs in several respiratory diseases, including COPD, Bronchopulmonary Dysplasia (BPD), and Pulmonary Fibrosis.
The company's pipeline includes programs targeting multiple respiratory conditions, including COPD, BPD, Pulmonary Fibrosis, and Cystic Fibrosis, utilizing both live biotherapeutics and small molecule approaches.
Leadership Perspectives
"Securing Shilpa as our lead investor is a transformative step," said Gaurav Mehta, CEO of Alveolus Bio. "Their global pharmaceutical leadership aligns perfectly with our vision to redefine how lung diseases are treated."
Dr. C. Vivek Lal, Founder and CSO of Alveolus Bio, emphasized the strategic value of the partnership: "Alveolus Bio's breakthrough science is poised to transform respiratory care. Through this strategic partnership with Shilpa, we combine disruptive biotech innovation with world-class commercialization, bringing life-changing therapies faster to the market."
Vishnukant Bhutada, Managing Director of Shilpa Medicare, highlighted the alignment with their strategic focus: "Shilpa has always focused on enabling breakthrough biologics. This partnership strengthens our innovation pipeline and reinforces our role as a trusted global partner for biotech development."
Future Investment Opportunities
The financing round remains open to other strategic investors who share Alveolus Bio's vision of transforming respiratory medicine, indicating potential for additional partnerships and funding to support the platform's development.
Alveolus Bio operates as a Biostack Ventures company, developing first-in-class therapies for lung diseases using its proprietary resMIT platform. Shilpa Medicare Limited (BSE: 524742) (NSE: SHILPAMED) is a global pharmaceutical company with capabilities spanning from drug discovery to commercialization, with particular expertise in respiratory therapeutics and biotech innovation.
