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20 oct 2003 09:30 prr rheumatoid arthritis target COMPANY...

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    20 oct 2003 09:30 prr rheumatoid arthritis target COMPANY ANNOUNCEMENT
    Prima Biomed demonstrated that its Rheumatoid Arthritis target triggers
    release of damaging TNFa
    20th October 2003
    Prima Biomed Limited (ASX: PRR) subsidiary, Arthron Pty Ltd, today announced it has direct evidence
    that the receptor being targeted by Arthron is responsible for the release of key inflammatory chemicals
    responsible for rheumatoid arthritis.
    Over the past three years several drug products have been launched that act downstream from the
    trigger of rheumatoid arthritis. These drugs inhibit the inflammatory chemical Tumour Necrosis Factor
    Alpha (TNFa). Arthron has recently demonstrated that activation of its proprietary target, the Fc
    receptor on white blood cells is a major source of release of high levels of TNFa .
    "TNFa is released by activated inflammatory white blood cells (macrophages) and we have
    demonstrated that activation of the Fc receptor triggers this release. As the Fc receptor is clearly
    upstream of TNFa release, inhibition of this receptor offers a potentially highly effective method of
    removing TNFa’s effect on disease" said Prof Mark Hogarth Chief Scientific Officer of Arthron.
    "Several products including Enbrel (Genentech), Remicade (J&J) and Humira (Abbott Laboratories) act
    to mop up the TNFa released and we are developing drug molecules to prevent the release of TNFa.
    In addition, inhibition of the Fc receptor is likely shut down the release of other damaging chemicals that
    are triggered with TNFa".
    One of the issues with TNFa inhibitors currently on the market is that they are injectable products.
    Arthron is developing a small chemical entity approach to inhibiting the Fc receptor which will be
    developed in tablet form. Experiments being undertaken demonstrate that the compounds being
    developed by Arthron can shutdown TNFa release from human blood cells.
    Arthron has a very strong intellectual property position covering both the Fc receptor and the drug
    compounds that target the receptor and believes that as a result it can avoid the patent disputes which
    have impacted upon other participants in this field. Arthron is currently in discussions with a number of
    companies to co-develop and license the technology to secure access to additional expertise and
    resources to develop a marketable drug for testing in human clinical trials. The company is confident
    that its intellectual property and technical package creates an opportunity for a very significant new
    therapeutic for rheumatoid arthritis.
    About Prima Biomed
    Based in Melbourne, Prima Biomed (ASX: PRR) is a biotechnology organisation with first and last rights
    over technologies from the Austin Research Institute. Prima Biomed specialises in immunology and
    cancer immunotherapy and adopts technology development that shows potential for commercial returns
    within three years.
    Inquiries: Marcus Clark Chief Executive Officer 03 9854 5700
    Rudi Michelson (Monsoon Communications) 03 9620 3333
 
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