PRIMA RECEIVES US PATENT GRANT FOR CVAC
SYDNEY, AUSTRALIA - Prima BioMed Ltd (ASX: PRR; NASDAQ: PBMD) ("Prima", the "Company") announces that the US patent number 8,771,701 titled "Compositions for immunotherapy and uses thereof", which protects the Company’s CVac™ technology, has been granted by the United States Patent and Trademark Office (USPTO).
Prima has also received a patent term adjustment of 1,409 days for US 8,771,701, extending the patent expiry date for the US market to August 2022.
Chief Executive Officer of Prima, Mr Marc Voigt said: "The grant of this key US patent with a patent term adjustment of almost four years is an important value proposition for Prima. The patent term can potentially be further extended by up to five years if CVac receives market approval before it expires, which would provide the Company with essential protection over its commercial development well into the future."
The patent grant protects the method of composition and the method of use of CVac, which is formulated in a patient’s own dendritic cells and then reinjected back into the patient to generate a cytotoxic T cell response against the mucin 1 antigen. CVac is a personalised immunotherapy composed of a patient’s own dendritic cells pulsed with the cancer antigen mucin 1, conjugated to oxidised mannan.
The patent grant follows receipt of the Notice of Allowance from the USPTO in relation to Patent Application 11/561,204 as announced on 26 May 2014. It completes the granting of all patents relevant to the CVac technology. Other territories that have received patent approval include Australia, Canada, Europe and Japan.
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