Elvinix Licenses Peptide Therapy from Zealand Pharma to Restore Insulin Production in Type 1 Diabetes
Elvinix Inc., a biopharmaceutical company based in Dover, Delaware, has secured an exclusive license agreement with Zealand Pharma A/S to develop and commercialize Zealand’s GLP-1/gastrin dual-agonist peptide portfolio. This agreement grants Elvinix the rights to advance a novel peptide therapy aimed at regenerating and protecting insulin-producing beta cells in patients with type 1 diabetes (T1D). The therapy is designed to be disease-modifying, with the potential to restore insulin secretion, thereby reducing the risk of hypoglycemia and diabetic complications, and lessening the burden of insulin therapy. Elvinix was co-founded by Dr. Alex Rabinovitch, Dr. Jay Skyler, and Dr. Alexander Fleming, experts in diabetes and metabolic medicine. The company is currently in preclinical development and plans to move its lead candidate toward clinical studies, leveraging an extensive package of preclinical data obtained through the licensing agreement.