US-based Pieris Pharmaceuticals has received a funding grant to develop PRS-220 to treat post-acute sequelae of SARS-CoV-2 infection (PASC) pulmonary fibrosis (PASC-PF), also called post-COVID-19 syndrome pulmonary fibrosis or long COVID.
Pieris Pharmaceuticals and Roche Group subsidiary Genentech have signed a multi-programme research partnership and licence agreement worth approximately $1.42bn to discover, develop and market respiratory and ophthalmology therapies.