{"id":22276,"date":"2021-03-23T15:14:00","date_gmt":"2021-03-23T12:14:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=22276"},"modified":"2026-03-27T21:57:13","modified_gmt":"2026-03-27T18:57:13","slug":"evelo-biosciences-abdul-latif-jameel-health-announce-strategic-collaboration-to-develop-commercialize-novel-therapy-edp1815-for-inflammatory-diseases-covid-19-in-select-developing-markets-servin","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/evelo-biosciences-abdul-latif-jameel-health-announce-strategic-collaboration-to-develop-commercialize-novel-therapy-edp1815-for-inflammatory-diseases-covid-19-in-select-developing-markets-servin\/","title":{"rendered":"Evelo Biosciences &#038; Abdul Latif Jameel Health Announce Strategic Collaboration to Develop &#038; Commercialize Novel Therapy EDP1815 for Inflammatory Diseases &#038; COVID-19 in Select Developing Markets Serving 1.7 Billion People"},"content":{"rendered":"\n<ul class=\"wp-block-list\"><li>Collaboration expected to accelerate access to Evelo\u2019s lead inflammation product candidate and\u00a0COVID-19 therapeutic medicine\u00a0EDP1815 &#8211; if approved by relevant health authorities &#8211; to people in select developing markets and is Abdul Latif Jameel Health\u2019s first biotechnology licensing agreement.\u00a0\u00a0<\/li><li>The agreement launches Abdul Latif Jameel Health\u2019s vision to accelerate access to affordable modern health care and address unmet medical care in high-growth developing markets.\u00a0\u00a0<\/li><li>Combines Evelo\u2019s leadership in inflammatory diseases and Abdul Latif Jameel\u2019s regional distribution expertise.\u00a0\u00a0<\/li><\/ul>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/saudishopper.com.sa\/ar\/?p=38394\" target=\"_blank\" rel=\"noreferrer noopener\">\u0639\u0631\u0628\u064a<\/a><\/div>\n<\/div>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>CAMBRIDGE, MA, USA &amp; DUBAI, UAE, March 23, 2021\u00a0<\/strong>\u2013\u00a0<a href=\"https:\/\/evelobio.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Evelo Biosciences<\/a>\u00a0(Nasdaq:EVLO), a clinical-stage biotechnology company developing a new modality of orally delivered medicines, and\u00a0<a href=\"https:\/\/aljhealth.com\/home\/\" target=\"_blank\" rel=\"noreferrer noopener\">Abdul Latif Jameel Health<\/a>, a company focused on accelerating access to affordable modern medical care while addressing unmet medical needs in developing markets around the world, and part of\u00a0<a href=\"https:\/\/alj.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">Abdul Latif Jameel<\/a>, today announced that the companies have entered into a strategic collaboration to develop and commercialize Evelo\u2019s lead inflammation product candidate EDP1815 in the Middle East, Turkey, and Africa.\u00a0\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">EDP1815 is an investigational oral medicine being developed for the treatment of inflammatory diseases.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Evelo recently reported positive Phase 1b data for EDP1815 in atopic dermatitis.&nbsp;&nbsp;The Company is also conducting a Phase 2 clinical trial for EDP1815 in psoriasis, as well as two trials in patients hospitalized with COVID-19. Data from Phase 1b clinical trials of EDP1815 suggests its potential to be a safe, efficacious, oral, affordable, and room-temperature stable medicine that may be useful to treat patients worldwide at all stages of inflammatory disease.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Together, Evelo and Abdul Latif Jameel Health will work to address the significant disparity in access to medical care in the fastest-growing populations and growth economies of the developing world.&nbsp;&nbsp;Africa\u2019s population is projected to reach 1.7 billion by 2030 and 2.5 billion by 2050, with annual spending on the continent expected to reach US $6.66 trillion by 2030, spurring growing markets in sectors including healthcare.<a href=\"applewebdata:\/\/91311BE6-02CD-4BD4-83A8-78EA76531A1F#_ftn1\"><sup>[1]<\/sup><\/a><sup>,<a href=\"applewebdata:\/\/91311BE6-02CD-4BD4-83A8-78EA76531A1F#_ftn2\"><sup>[2]<\/sup><\/a><\/sup>&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">However, significant unmet need remains, and in certain areas, the availability of selected medicines is as low as 21% in the public, and 22% in the private, sector for some sub-Saharan African countries.<sup>2<\/sup>&nbsp;&nbsp;Similarly, with the population of the Middle East and North Africa currently over 456 million,<sup>2<\/sup>&nbsp;only an average of 61% of the&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">population in the Arab region can easily access health services, but this rate varies significantly between countries.<a href=\"applewebdata:\/\/91311BE6-02CD-4BD4-83A8-78EA76531A1F#_ftn3\"><sup>[3]<\/sup><\/a>&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cWe are honored to be selected as Abdul Latif Jameel Health\u2019s first therapeutic biotech collaborator,\u201d\u00a0<\/em>said\u00a0<a href=\"https:\/\/evelobio.com\/about\/\" target=\"_blank\" rel=\"noreferrer noopener\">Simba Gill,<\/a>\u00a0Ph.D., Chief Executive Officer of Evelo.\u00a0\u00a0<em>\u201cI have had the privilege to work with\u00a0<\/em><a href=\"https:\/\/www.alj.com\/en\/our-people\/akram-bouchenaki\/\" target=\"_blank\" rel=\"noreferrer noopener\"><em>Akram Bouchenaki<\/em><\/a><em>, CEO of Abdul Latif Jameel Health, for more than 20 years.\u00a0\u00a0He has deep experience building and developing successful businesses in this region, dating back to his tenure with Gilead.\u00a0\u00a0Akram\u2019s leadership, combined with the extensive distribution expertise Abdul Latif Jameel has in the Middle East, Turkey, and Africa, makes this the ideal collaboration to help us achieve our goal of developing and commercializing medicines to address a broad range of inflammatory diseases for hundreds of millions of people.\u201d<\/em>\u00a0\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Abdul-Latif-Jameel-Health-Evelo-Agreement-Signing-2.png\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"684\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Abdul-Latif-Jameel-Health-Evelo-Agreement-Signing-2-1024x684.png\" alt=\"Abdul Latif Jameel Health - Evelo Agreement Signing (2)\" class=\"wp-image-22278\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Abdul-Latif-Jameel-Health-Evelo-Agreement-Signing-2-1024x684.png 1024w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Abdul-Latif-Jameel-Health-Evelo-Agreement-Signing-2-300x200.png 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Abdul-Latif-Jameel-Health-Evelo-Agreement-Signing-2-768x513.png 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Abdul-Latif-Jameel-Health-Evelo-Agreement-Signing-2-1080x721.png 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2021\/03\/Abdul-Latif-Jameel-Health-Evelo-Agreement-Signing-2.png 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">Celebrating its\u00a0<a href=\"https:\/\/jameel75.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">75<sup>th<\/sup>\u00a0anniversary<\/a>\u00a0in 2020, Abdul Latif Jameel today is a global investor and diversified business operating in some 30 markets across six continents with deep roots in the Middle East, Turkey, and North Africa.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Abdul Latif Jameel maintains vast regional expertise and operations infrastructure and is committed to accelerating access to effective and affordable medicines for all those in need.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Evelo is Abdul Latif Jameel Health\u2019s first biotechnology collaborator working to create effective and affordable medicines, and Abdul Latif Jameel Health will provide the critical resources needed to help realize this vision.&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cWe look forward to collaborating with Evelo to bring medicines to millions of people in the developing world,\u201d<\/em>&nbsp;said Akram Bouchenaki, Chief Executive Officer, Abdul Latif Jameel Health.&nbsp;&nbsp;<em>\u201cEvelo\u2019s influential work in inflammatory diseases, combined with our longstanding relationship with Simba, reaffirms that Evelo is the right collaborator with whom to launch and rapidly grow our healthcare presence in some of the fastest-growing regions in the world.\u201d<\/em>&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.alj.com\/en\/our-people\/fady-jameel\/\" target=\"_blank\" rel=\"noreferrer noopener\">Fady Ja<\/a>meel,\u00a0Deputy President, and Vice Chairman, Abdul Latif Jameel, restated the Jameel family\u2019s long-standing\u00a0commitment to innovating for a better future, including through Community Jameel, an international organization supporting science and technology-led solutions to global challenges, which co-founded\u00a0the\u00a0<a href=\"https:\/\/www.jclinic.mit.edu\/\" target=\"_blank\" rel=\"noreferrer noopener\">Jameel Clinic<\/a>\u00a0at MIT and the\u00a0<a href=\"https:\/\/www.imperial.ac.uk\/jameel-institute\/\" target=\"_blank\" rel=\"noreferrer noopener\">Jameel Institute<\/a>\u00a0at Imperial College London.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fady&nbsp;stated,&nbsp;<em>\u201cAccess to health care must be seen as an undeniable basic human right, irrespective of where people live or their economic means \u2013 just like water or shelter. Although a difficult and multifaceted problem, Abdul Latif Jameel Health, working with world leading biotechnologists, such as Evelo, is determined to be part of the solution.\u201d<\/em>&nbsp;&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"applewebdata:\/\/91311BE6-02CD-4BD4-83A8-78EA76531A1F#_ftnref1\"><sup>[1]<\/sup><\/a>&nbsp;A. Leke and L. Sign\u00e9, \u201cSpotlighting opportunities for business in Africa and strategies to succeed in the world\u2019s next big growth market,\u201d Brookings, Feb. 11, 2019.&nbsp;&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.brookings.edu\/research\/spotlighting-opportunities-for-business-in-africa-and-strategies-to-succeed-in-the-worlds-next-big-growth-market\/.%20%20\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.brookings.edu\/research\/spotlighting-opportunities-for-business-in-africa-and-strategies-to-succeed-in-the-worlds-next-big-growth-market\/.\u00a0<\/a>\u00a0<sup>2<\/sup>\u00a0UHC in Africa: A Framework for Action,\u201d World Bank and World Health Organization.\u00a0<a href=\"https:\/\/www.worldbank.org\/en\/topic\/universalhealthcoverage\/publication\/universal-health-coverage-in-africa-a-framework-for-action\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/www.worldbank.org\/en\/topic\/universalhealthcoverage\/publication\/universal-health-coverage-in-africa-a-framework-for-action<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"applewebdata:\/\/91311BE6-02CD-4BD4-83A8-78EA76531A1F#_ftnref2\"><sup>[2]<\/sup><\/a>\u00a0\u201cPopulation Total \u2013 MENA,\u201d The World Bank,\u00a0<a href=\"https:\/\/data.worldbank.org\/indicator\/SP.POP.TOTL?locations=ZQ&amp;name_desc=false\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/data.worldbank.org\/indicator\/SP.POP.TOTL?locations=ZQ&amp;name_desc=false<\/a>.\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"applewebdata:\/\/91311BE6-02CD-4BD4-83A8-78EA76531A1F#_ftnref3\"><sup>[3]<\/sup><\/a>\u00a0\u201cPolicy Brief: The Impact of COVID-19 on the Arab Region, An Opportunity to Build Back Better,\u201d United Nations, July 2020.\u00a0<a href=\"https:\/\/data.worldbank.org\/indicator\/SP.POP.TOTL?locations=ZQ&amp;name_desc=false\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/data.worldbank.org\/indicator\/SP.POP.TOTL?locations=ZQ&amp;name_desc=false<\/a>.\u00a0\u00a0\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Collaboration expected to accelerate access to Evelo\u2019s lead inflammation product candidate and\u00a0COVID-19 therapeutic medicine\u00a0EDP1815 &#8211; if approved by relevant health authorities &#8211; to people in select developing markets and is Abdul Latif Jameel Health\u2019s first biotechnology licensing agreement.\u00a0\u00a0 The agreement launches Abdul Latif Jameel Health\u2019s vision to accelerate access to affordable modern health care and [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":22277,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[24,72],"tags":[],"class_list":["post-22276","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-health-tech","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- 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