Acuitas Therapeutics, originally called AlCana Therapeutics, is a Canadian biotechnology company based in Vancouver, British Columbia.1) Acuitas is relevant in the COVID-19 pandemic due to their role in developing and licensing the lipid nanoparticle technology used in the COVID-19 vaccines marketed by Pfizer/BioNTech and Moderna.
The company was co-founded by Pieter Cullis, Thomas Madden and Michael Hope.
Acuitas was founded in February 2009 under the name Alcana Therapeutics to specialize in the development of delivery systems for nucleic acid therapeutics based on lipid nanoparticles.2)
Acuitas is one of several pharmaceutical companies involved in the development, production and marketing of lipid nanoparticle technology, “tiny 'delivery vehicles'” used to encapsulate fragile materials such as mRNA to allow them to transport into cells.3)
According to President and CEO Thomas Madden, Acuitas began working towards a COVID-19 vaccine in February 2020. The company partnered with German company CureVac and Imperial College London for their own vaccine trials.4) 5)
On December 9, 2020, Acuitas released a statement celebrating Health Canada's approval of Pfizer/BioNTech's BNT162b2 COVID-19 vaccine,6) stating they had “made history” due to their collaboration through the LNP delivery system, “a key element… in the development of this vaccine.”7)
The National Research Council of Canada has awarded two federal grants to Acuitas:
The purpose of both grants was “To support a firm in the Research and development in the physical, engineering and life sciences (NAICS: 541710) with a research and development project”. Both awards span more than one fiscal year.
Acuitas has been mentioned multiple times in the House of Commons of Canada. Deputy Prime Minister Chrystia Freeland named Acuitas while discussing the need to increase biomanufacturing capacity in Canada, describing them as “an amazing B.C. company” receiving government investment.10) Providence Therapeutics CEO Brad Sorenson stated on April 19, 2021 that rival company Genevant Sciences had “successfully defended itself against” Acuitas and Moderna in the past.11)
Other statements:
Acuitas is a sponsor of the Student Biotechnology Network.15)