Sponsored

Chimeric Therapeutics (ASX: CHM) secures US patent protection for CORE-NK technology - Kalkine Media

April 05, 2024 01:08 PM AEDT | By Aditi Sarkar
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp

Highlights

  • Chimeric Therapeutics secures US patent allowance for its groundbreaking CHM 0201 technology, paving the way for advanced NK cell therapy development.
  • CHM 0201 demonstrated safety and efficacy in phase 1A clinical trial for blood cancers and solid tumours.
  • The patent, expected to be valid till 2039, would position Chimeric for continued advances in the dynamic field of cell-based therapeutics.

Chimeric Therapeutics (ASX:CHM), an Australian player in cell therapy, is delighted to share a major milestone. The United States Patent & Trademark Office has granted allowance for the issuance of a patent application concerning the CHM 0201 (CORE-NK) technology. This pioneering technology is used to produce CHM’s advanced clinical-stage universal NK cell asset, CHM 0201. It is also used in the manufacture of preclinical-stage NK cell assets CHM 0301, CHM 1301, and CHM 2301. The patent is expected to be valid and give protection till 2039.

The patent application 16/614,132, is entitled as “Compositions for Expanding Natural Killer Cells.” Chimeric owns the exclusive global license to develop and commercialise the allowed patent and related patent applications filed in other international territories for oncology, infectious diseases and immune disorders.

CHM 0201 signifies a potentially leading-edge, clinically proven platform for NK cell therapy. As per the March 2022 published data from complete phase 1A clinical trial, the asset has demonstrated its safety and efficacy in addressing both solid tumours and blood cancers.

Image source: Chimeric ppt

Based on the promising results, Chimeric has initiated two additional Phase 1B clinical trials studying CHM 0201 in combination regimens. Further, the company has also begun the development of new next generation NK and CAR NK assets by utilising the CHM 0201 platform.

The allowance of this patent application not only validates the uniqueness and significance of the CHM 0201 technology but also strengthens Chimeric's intellectual property portfolio. The United States is the single largest global market for biopharmaceutical products and the patent positions the company for continued advances in the burgeoning field of cell-based therapeutics.

In response to the accomplishment, CEO and Managing Director of Chimeric, Jennifer Chow, highlighted that the approval of the initial US patent application is a fundamental element in strengthening the company's best-in-class pipeline of allogeneic NK cell assets. 

At the time of writing this article, the share price of CHM was AU$ 0.031 with an uptick of 3.33%.

 

 


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

5 ASX Companies Leveraging AI to Drive Growth in 2024



Top ASX Listed Companies


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.