IMM 7.41% 29.0¢ immutep limited

I think that the partner will be fully funding this research in...

  1. 978 Posts.

    I think that the partner will be fully funding this research in return for a 30% stake in the venture which means Prima won't have to do any fund raising and will stand to accrue 70% of any value derived from the product once it has been commercialized. And it seems that there will be a quite a large world market for it.

    Again it should attract world attention in time since it is an immunotherapy treatment meaning very few side effects if any.

    I wonder how many difffernt cancers it potentially treats?



    some info about this productfrom PRR announcements:
    (you can also read more about itsscience by going to the PRR website)

    ONCOMAB Cancer Antibodies
    Therapeutic cancer antibodies targeting cancer antigen, cripto-1.

    Patent granted in 2007/2008 expires in 2023
    Patents granted in Australia, China, New Zealand, USA, South Korea, USA.

    The patent describes the use of therapeutic antibodies that target the tumour antigen, cripto-1, in the treatment of cancer.

    The patent specifically claims:

    A method of treating cancer in a patient whose cancer cells over-express Cripto-1 by administering a therapeutically effective amount of a monoclonal antibody that binds a Cripto-1 and inhibits growth or spread of the cancer cells either by:

    a) Inducing apoptosis as a result of the binding of the antibody to the Cripto-1 on cancer cells; or
    b) Inducing cell death by delivery to cancer cells of a cytotoxic compound conjugated to the monoclonal antibody
    The patent also claims chimeric and human antibodies as well as antibody fragments.


 
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