About Us
History of ACE inhibitors
Current-generation ACE inhibitors (ACEIs) were developed in the late 1970s and early 1980s, and include captopril, enalapril, lisinopril and ramipril. The design of these drugs was the result of guesswork, as neither the sequence nor the structure of ACE was known at that time. Within a few years of their launch, the ACEIs rapidly established themselves as effective agents for the treatment of hypertension and heart failure and quickly became billion-dollar drugs.
Despite this success, up to 20% of patients are unable to tolerate long-term treatment with ACEIs because of side effects, most commonly a persistent dry cough. There are also instances of a more serious adverse effect known as angioedema, which can be life-threatening. These adverse effects are likely related to the fact that treatment with ACEIs not only inhibits the production of angiotensin II but also affects the levels of other active peptides, such as bradykinin.
Company Background
Two of the founders of AngioDesign solved the first three-dimensional structure of ACE at high resolution and this was both a major scientific achievement and a tremendous opportunity for drug discovery. AngioDesign then signed option agreements with the Universities of Cape Town and Bath who owned the intellectual property on the ACE structures. This provided an opportunity for AngioDesign and the universities to develop a solid business plan, identify sources of investment and continue to develop the underlying science. AngioDesign next acquired full ownership of the intellectual property from the universities.
Angiotensin-converting enzyme is a key regulatory enzyme in the cardiovascular system. ACE is a critical component of the renin-angiotensin system (RAS), which controls blood pressure and strongly influences the function of the heart and the kidneys, as well as the walls of blood vessels.
Angiotensin-converting enzyme was shown by AngioDesign’s founders to consist of two similar but non-identical C- and N-domains that each contain an active site with different properties. Detailed knowledge of these differences was essential for the design and synthesis of novel domain-selective inhibitors. Therefore, to improve on the therapeutic efficacy and side effect profile of current-generation ACE inhibitors, it was necessary to have high-resolution structural data for the enzyme. This enabled rational design of domain-selective inhibitors, which will comprise the next-generation ACE inhibitors.
Current Status
AngioDesign is developing the first truly-novel, next-generation combination inhibitors (C-domain ACE, C-domain ACE/NEP, N-domain ACE) with the potential to treat a number of the most important conditions impacting human health today, including heart failure, hypertension and fibrosis. Cardiovascular disease is the single most common cause of death in the world.
AngioDesign’s drug discovery platform is focused on the rational design and development of improved, next-generation drugs for proven disease targets and its initial focus is on the development of inhibitors of angiotensin-converting enzyme. AngioDesign uses a lean management approach in its quest to optimize this effort.
Domain selectivity of ACE
Despite intensive efforts by numerous academic and industry research groups over many years, the ACE crystal structure could not be solved.
The crystal structure of the ACE C domain used to drive the design of novel domain-selective ACE inhibitors. The ACE inhibitor lisinopril (also known as Prinivil or Zestril) is shown in the centre of the ACE structure in yellow.
Current-generation ACE inhibitors are effective for cardiovascular disease including high blood pressure (BP), heart failure, heart attack and kidney failure but they are hampered by common side effects that limit their use due to an accumulation of bradykinin.
Discover more here …
AngioDesign is developing domain-selective ACE inhibitors, alone and in combination with other inhibitors, which are potentially safer and more effective than existing therapies. Fundamental to this approach is that its:
- C-domain ACE inhibitors decrease BP without increasing bradykinin
- C-domain ACE inhibitors can be modified to develop a new class of C-domain/NEP dual inhibitors that targets new areas, e.g. heart failure
- N-domain ACE inhibitors target new areas, e.g. pulmonary fibrosis.
Pipeline Activities
AngioDesign has concentrated on its core competence in structural biology, structure-guided drug design and lead optimization, and general molecular and cellular expertise in ACE and the renin-angiotensin system (RAS), to build a sustainable pipeline. AngioDesign distinguishes itself from drug discovery companies by focusing on proven drug targets. This greatly de-risks the drug development process and saves time and money. AngioDesign will not invest in genomics- or proteomics-based target identification or validation because of our belief that these efforts remain costly, high-risk, and long-term. Instead, we tend to focus on proven drug targets that have been “neglected” by the pharmaceutical industry because of competition by generic and off-patent drugs.
However, as was shown for inhibitors of cyclooxygenases and histamine receptors, 2nd-generation drugs based on isoform selectivity can become billion-dollar drugs despite an abundance of generic 1st-generation competitors. This is precisely the strategy AngioDesign has pursued with 2nd-generation, domain-selective ACE inhibitors, made possible by the latest available ACE structural information. We will build on our success with 2nd-generation ACE inhibitors to attack other proven drug targets. Structure-guided design techniques will continue to be used to develop proprietary, highly-selective, new-generation inhibitors that will be advanced into early drug development and then licensed out at an appropriate stage.
Management Team and Expertise
The principals of AngioDesign have extensive experience in the biotechnology industry, including protein chemistry and drug development, and in financial administration and project management.

Edward D. Sturrock, Ph.D.
CSO, Founder, Member of the Board
Professor of Medical Biochemistry at the University of Cape Town (UCT) and co-inventor of ACE structure and inhibitor patents. Formerly at Harvard Medical School and was a Wellcome Trust Senior Research Fellow.

K. Ravi Acharya, Ph.D.
Senior Scientific Advisor, Founder
Professor of Structural Biology at the University of Bath and co-inventor of ACE structure patents. A world leader in protein crystallography, formerly at Oxford University and has six publications in Nature.

Kelly Chibale, Ph.D.
Senior Scientific Advisor
Professor of Organic Chemistry and Director of the H3-D Drug Discovery and Development Centre at UCT. The co-inventor of ACE inhibitor patents and a leading expert in synthetic chemistry and drug development.

Richard Waterfield, MA Oxon
CEO, Member of the Board
Director and founder of companies, management consultant, analyst and venture capital fundraiser. Involved in IP commercialization in biotechnology and drug development since the late 1990s.

Nick Gregory, MA Oxon
Member of the Board
Managing Director of the Japanese equity department in Tokyo and then of corporate brokerage in London for Merrill Lynch. Co-manager of the Japanese equity hedge fund at RWC partners in London.
Background in the UK
AngioDesign is a limited company, registered under the laws of England and Wales, whose eligible shares qualified for UK EIS tax relief from 2014 and that is funded privately, having historically received funding from the Wellcome Trust, the Medical Research Council and others. An initial seed funding round was completed in 2018. In 2019, AngioDesign became a member of the UK BioIndustry Association (BIA), a trade association representing bioscience and pharmaceutical companies, academic, research and philanthropic organisations, and service providers to the biosciences sector.

