Elevai Labs acquires license to two myostatin muscle loss prevention assets

ELEVAI LABS announced that it has entered into an exclusive licensing agreement with MOA Life Plus with the aim to develop and commercialize two novel assets for the treatment of obesity and muscle loss prevention. The licensed assets include EL-22, a clinical stage engineered probiotic expressing myostatin, and EL-32, a preclinical engineered probiotic expressing dual myostatin & activin-A. EL-22 has completed a Phase 1 clinical trial in South Korea, demonstrating it was generally well tolerated and safe in healthy volunteers. Elevai intends to evaluate EL-22 for efficacy and safety in combination with popular weight-loss therapeutics currently on the market, with the goal of decreasing fat mass while preventing the muscle wasting that commonly occurs with weight-loss drugs. “This license agreement represents a transformational and strategic milestone for Elevai,” said Jordan Plews, PhD, Co-Founder and Chief Executive Officer of the Company. “The adoption and use of other GLP-1 drugs has resulted in rapid weight loss and increases the desire for related aesthetic procedures linked to the side effects from these drugs, including significant unwanted muscle loss. We see the licensing of these two assets as an opportunity to provide an unmet need and expand into a large and growing multi-billion-dollar market.”