AstraZeneca, one of the world’s leading pharmaceutical brands, bought his company two weeks ago. Jean-Pierre Latere is his name, and his startup, EsoBiotec, was purchased by the British giant. Latere, a Congolese-born Belgian scientist, founded EsoBiotec in 2020 in Mont-Saint-Guibert, Belgium. The deal with AstraZeneca is valued at one billion dollars.
Under the deal, the behemoth will make an upfront payment of $425 million and potential future payments of $575 million tied to performance milestones. AstraZeneca's substantial investment hinges on EsoBiotec's groundbreaking in vivo cell therapy technology, which aims to simplify cancer treatment to a single injection, dramatically reducing costs and expanding patient access.
From Lubumbashi to the World
Latere's journey from Lubumbashi to the forefront of biotechnology innovation is a testament to perseverance and scientific ingenuity. After growing up in Kinshasa and attending the prestigious Boboto High School, Latere left his home country at 18, in 1994. He went on to Belgium, where he earned a Ph.D. in polymer chemistry from the University of Liège. He subsequently completed postdoctoral work at the University of Michigan.
His career path led him through Johnson & Johnson and Celyad Oncology, where he honed his expertise in cellular therapies. Motivated by personal experience with cancer in his family, Latere founded EsoBiotec to address the limitations of existing CAR-T cell therapies, which are effective but time-consuming and expensive.
EsoBiotec's Engineered NanoBody Lentiviral (ENaBL) platform represents a paradigm shift in cancer treatment. By leveraging the patient's body as its own cellular factory, the technology eliminates the need for complex ex vivo cell manipulation, potentially slashing treatment times from weeks to days and significantly reducing costs.
Six Years to Launch
EsoBiotec's Engineered NanoBody Lentiviral (ENaBL) platform represents a paradigm shift in cancer treatment. By leveraging the patient's body as its own cellular factory, the technology eliminates the need for complex ex vivo cell manipulation, potentially slashing treatment times from weeks to days and significantly reducing costs.
With the first patient treated in December 2024 and "exceptional" results published in January, EsoBiotec caught the attention of pharmaceutical giants. The AstraZeneca acquisition now positions Latere's innovation for rapid development and commercialization, with the first product expected to reach the market within five to six years.
Pierre Mukoko and Ronsard Luabeya (intern)
• New system will link banks, fintechs, and mobile operators in a single platform• Real-time transfe...
Starlink lost 2,000 Kenyan users in Q1 2025, dropping to 17,066, as local ISPs grew 8%. High...
MTN Uganda, MTN Mobile Money and the Uganda Hotel Owners Association signed an MoU on 1 August 202...
President Bola Tinubu signs NIIRA 2025, replacing the 2003 insurance law. The law raises capi...
Abdul Samad Rabiu is now the richest investor on NGX, with ₦15.23 Trillion in BUA Foods and Cement...
Congo and Angola agree on technical rules for managing seven frequency bands along their 231 km border. The agreement includes limiting signal coverage...
VFD plans to issue over 5 billion new shares to raise ₦50.67 billion ($32 million). Existing shareholders get priority: 2 new shares for every 3...
ZIOC revises its $1.9 billion investment plan to produce low-carbon iron pellets. Metallurgical tests confirm ability to produce DRI-grade...
• Kenya plans a new high-capacity airport as Jomo Kenyatta International exceeds its design limit.• The project aims to strengthen the country’s position...
In the heart of the Malian city of Djenné, the world’s largest mud-brick building dominates the skyline: the Great Mosque. First built in the 13th...
• Tekken unveils "Miary Zo," a Malagasy female fighter who practices Moraingy, a traditional martial art.• She is the second African character in the...