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7. Business Model
NovImmune is developing its therapeutic antibodies all the way to IND filing, Phase I and Phase II clinical trials.
This step is chosen deliberately from the point of view of cost versus value. NovImmune is then in a position to choose among two possibilities:
- Licensing out the drug to a pharma company after successful Phase II trials (for all or for selected indications)
- Co-development with a pharma company (for all or for selected indications).
In addition, NovImmune intends to offer selected MAb projects from its pipeline as co-development or licensing opportunities to pharma or biotech partners. Finally, NovImmune also retains the option of keeping selected orphan drug indications for inhouse development beyond Phase II clinical trials.
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