Imugene (ASX:IMU)
The cancer treatment company is developing several treatments that seek to harness and promote the body’s immune system against cancerous tumours.
Among its portfolio IMU has developed a B-cell immunotherapy called HER-Vaxx to address tumours characterised by heightened expression of the HER-2/neu receptor including gastric, breast, ovarian, lung, and pancreatic cancers.
Pachacz says IMU is on the record as looking at doing a licensing deal for its HER-Vaxx technology.
IMU has done positive Phase 2 studies for the technology in gastric cancer.
“Rather than having antibodies injected, they stimulate and train the immune system through a vaccine to produce its own antibodies,” he says.
“They’ve gone on the record as saying they not looking at conducting Phase 3 studies but more looking at licensing at the end of Phase 2 so investors should look out for a deal in the future.”
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