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Tuesday
Jan312012

Prima BioMed ($PRR) Granted Japanese Patent for Cripto-1 Antibody; $PRR

Prima BioMed (ASX: PRR) is an Australian health care  company focused on technologies in the fields of cancer immunotherapy and immunology. Prima’s lead product is the CVac (tm) ovarian cancer therapy treatment. It has completed two successful clinical trials and is progressing toward eventual commercialisation in the United States, Australia, Europe, and globally. The Company’s broader, long term goal is to develop commercial cancer treatment technologies and programs for global markets.

One of the company's three programs in place is focused on the identification and development of a monoclonal antibody to cripto-1. Monoclonal antibodies have been a major success in recent improvements of cancer treatment. Cripto-1 is a component of the endothelial growth factor complex, and neutralizing this important protein will enable Prima to target multiple tumour types.

The company announced that it "has received Notification of Grant by the Japanese Patent Office for its antibody to cancer antigen Cripto-1. Patent number 4854912 is titled, Antibodies against Cancer and expires in March 2022. The patent has also been granted in Australia, New Zealand, China, South Korea and the USA."

The granted patent claims "protect the use of an antibody directed to the cancer 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 to circulate in the blood stream of cancer patients. The antibody works by binding to the Cripto-1 molecule and interfering with cell signalling, resulting in the death of the cancer cell. The antibody may additionally be coupled to cytotoxic drugs to deliver a more lethal combination of drug and cell signal to cancer cells."

Read the full release on PrimaBioMed.com.

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