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Imugene (ASX:IMU) shares jump on US patent for PD1-Vaxx immunotherapy

February 10, 2023 02:57 PM AEDT | By Manisha
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Highlights

  • Imugene Limited has secured a Notice of Allowance relating a US patent application for its B-cell activating immunotherapy PD1-Vaxx.
  • PD1-Vaxx is undergoing clinical development for non-small cell lung cancer.
  • The patent titled “HUMAN PD1 PEPTIDE VACCINES AND USES THEREOF” protects to 2038.

Shares of ASX-listed clinical-stage immuno-oncology company Imugene Limited (ASX:IMU) rose by over 5.5% to reach AU$0.142 midday on 10 February 2023, with a market capitalisation of AU$866.93 million.

The share price jumped following an upbeat company announcement. Imugene has been given a Notice of Allowance from the United States Patent and Trademark Office (USPTO) for a patent application concerning its B-cell activating immunotherapy PD1-Vaxx. At present, PD1-Vaxx is being studied in patients with non-small cell lung cancer (NSCLC).

Data source: Company update

Patent details

Title of the patent: “HUMAN PD1 PEPTIDE VACCINES AND USES THEREOF”

The patent holds validity till 2038, protecting the composition of matter and treatment process in cancer of IMU’s PD1- Vaxx for the generation of a therapeutic antibody response against the programmed death-1 (PD1) checkpoint target.

Phase 1b trial

The phase 1b trial is titled “An Open Label, Multi-Center, Dose Escalation/Expansion, Phase 1 Study of IMU-201 (PD1-Vaxx), a B-Cell Immunotherapy as monotherapy or in combination with atezolizumab, in Adults with Non-Small Cell Lung Cancer.” It is being conducted with the objectives of examining safety, efficacy, as well as optimal dose of PD1-Vaxx when combined with atezolizumab (Tecentriq®), an immune checkpoint inhibitor (ICI) targeting PD-L1 in non-small cell lung cancer patients.

Currently, preparations are in the final phase to conduct the clinical study at sites across Australia and the United States.

Image source: Company presentation

Management commentary

 


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