The Japanese patent office intends to grant BioInvent patent relevant to its F.I.R.S.T.™ platform
Lund, Sweden – 9 July 2018 – BioInvent International AB (OMXS: BINV) announces today that the Japanese patent office has decided that the company’s patent application relevant to its unique, function-based F.I.R.S.T.™ platform now can proceed to grant. The patent will be granted once all remaining administrative actions, such as payment of fees, have been completed by BioInvent. More precisely, the patent relates to combined use of differential biopanning and high throughput sequencing, such as NGS in identification of antibodies to low expressed cell surface antigens.
Corresponding patents has earlier been accepted by the European Patent Office (EPO) and in Australia and Russia. The company has similar patent applications pending in further countries.
Notes to editors:
About BioInvent
BioInvent International AB (OMXS: BINV) is focused on the discovery and development of novel and first-in-class immuno-regulatory antibodies to treat cancer. The Company’s clinical programmes are BI-1206, currently in a Phase I/II for non-Hodgkin’s lymphoma and chronic lymphatic leukaemia and TB-403, in cooperation with Oncurious, currently in Phase I/II for medulloblastoma. BioInvent has an exciting pre-clinical portfolio based on novel immuno-modulatory antibodies that target regulatory T cells (T-regs) and tumour-associated myeloid cells. The Company has a strategic research collaboration with Pfizer Inc. and BioInvent also works with leading academic institutions including the University of Southampton, Cancer Research UK, and Penn Medicine. BioInvent generates revenues from global partnerships, including Bayer Pharma, Daiichi Sankyo, and Mitsubishi Tanabe Pharma and from its manufacturing facility for the production of antibodies for research through to late- stage clinical trials. More information is available at www.bioinvent.se
For further information, please contact:
Björn Frendéus
Acting CEO and CSO
+46 (0)46 286 25 45
+46 (0)708 11 25 45
[email protected]
BioInvent International AB (publ)
Co. reg. No. 556537-7263
Visiting address: Sölvegatan 41
Mailing address: 223 70 LUND
Phone: +46 (0)46 286 85 50
www.bioinvent.com
The press release contains statements about the future, consisting of subjective assumptions and forecasts for future scenarios. Predictions for the future only apply as the date they are made and are, by their very nature, in the same way as research and development work in the biotech segment, associated with risk and uncertainty. With this in mind, the actual outcome may deviate significantly from the scenarios described in this press release.
This information is information that BioInvent International AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 11.40 a.m. CET, on 9 July, 2018.