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[press release] novimmune and legochembiosciences enter research collaboration on antibody-drug-conjugate

2017.02.13
novimmuneandlegochembiosciencesenterresearchcollaborationonantibodydrugconjugate

geneva,13thfebruary,2017—novimmune,aswissbiotechcompanyfocusedonthediscoveryanddevelopmentofantibodybaseddrugs, and legochembiosciences (lcb) (kosdaq:141080),asouthkoreancompanywithaproprietaryantibodydrugconjugate (adc)technology,haveenteredintoaresearchcollaborationtoevaluateanantibodydrugconjugatecandidate.

 

lcbhasbeensuccessfullydevelopingglobalpartnershipsthroughthepotentialofitsproprietaryadcplatformtechnology.in2015,lcboutlicensed anantiher2adcmoleculetofosunpharmaandinjanuary2017,signedaresearchlicensingdealwithtakeda, toevaluatenextgenerationadccandidates.

 

“ourantibodyexpertisemarriedwithlcb’sproprietaryadctechnology,supportsourquesttoprovidebetteroptionstocancerpatients”,saidnovimmunechairmanandchiefutiveofficer,eduardholdener.

 

adcsaremoleculescomposedofatumorspecificmonoclonalantibodylinkedtoacytotoxicagent.unlikechemotherapy,theyareintendedtotargetonlycancercellsandsparehealthycells.novimmunebringsexpertiseinthefieldoftargetedtherapieswiththeiranticd47anticd19andanticd47antimesothelinbispecificantibodiesthativelybindtohematologicalandsolidtumors,respectively.

 

 

 aboutnovimmune

 

novimmunesaisaprivatelyheld,swissbiopharmaceuticalcompanyfocusedonthediscoveryanddevelopmentofantibodybaseddrugsforthetargetedtreatmentofinflammatorydiseases,immunerelateddisorders,andcancer.thecompanyisheadquarteredingenevaandcurrentlyemploys130people. moreinformationisavailableonthecompanywebsiteat www.novimmune.com.

 

 

 

contact:

adrianmills

+41(0)612011327

amills@novimmune.com