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IMMUTEP LIMITED — Capital/Financing Update 2009
Apr 21, 2009
65122_rns_2009-04-21_a54e8bd3-3888-4dff-8eed-5e2fd5e64b2d.pdf
Capital/Financing Update
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ASX/Media Release Wednesday 22[nd] April 2009
PRIMA BIOMED SECURES CHINESE PATENT FOR ONCOMAB CANCER ANTIBODY TREATMENT
Australian health care company Prima BioMed (Prima) (ASX: PRR) is pleased to announce that its subsidiary company, Oncomab Pty Ltd, has received Notification of Grant from the Chinese Patent Office for its cancer antibody antigen Cripto-1.
The new granted patent protects the use of a cancer antibody antigen, Cripto-1.
Cripto-1 is a protein found in high levels on the surface of many different kinds of cancer cells and is also found in the blood stream of cancer patients. The antibody works by binding to the Cripto-1 molecule and interfering with cell signalling, which results in the death of the cancer cell. The antibody may additionally be coupled to cytotoxic drugs to deliver an even more lethal combination of drug and cell signal to cancer cells.
Prima’s Cripto-1 antibody was recently published in the highly regarded British Journal of Medicine.
The new Patent number is ZL02807317.7 and is titled, Antibodies against Cancer and expires in March 2021. Importantly, the patent has also been granted in Australia, New Zealand and the USA.
Prima is currently in negotiations to secure a major pharmaceutical co-development partner to bring Cripto-1 into commercialisation.
Prima executive director, Martin Rogers, said he was delighted with the grant of patent for Oncomab, which complements the recent success the Company has achieved with its core product, the CVac™ ovarian cancer vaccine therapy treatment.
For further information please contact:
Martin Rogers Executive Director Prima BioMed Ph: 0428 268 357 E: [email protected] Website: www.primabiomed.com.au
James Moses Investor and Media Relations Mandate Corporate Ph: 0420 991 574
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About Prima BioMed
Prima BioMed is an ASX listed Australian health care company. The Company is focused on technologies in the fields of cancer immunotherapy and immunology. Prima’s lead product is the CVac™ ovarian cancer therapy treatment. It has completed two successful clinical trials and is in the final stages of US FDA approval and eventual commercialisation.
The Company’s broader, long term goal is to develop commercial cancer treatment technologies and programs for global markets.
This release may contain forward-looking statements. Various factors could cause actual results to differ materially from those projected in forward-looking statements, including those predicting the timing and results of clinical trials, interpretation and implications of such results, availability or adequacy of financing, the sales and marketing of commercial products or the efficacy of products. Although the Company believes that the forward - looking statements contained herein are reasonable, it can give no assurance that the Company’s expectations are correct. All forward-looking statements are expressly qualified in their entirety by this cautionary statement.