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Pharma & Biotech

Imugene granted HER-Vaxx immunotherapy patent in the US; shares rise 12%

The patent provides method of composition and method of use protection to 2036.

Imugene Limited (ASX:IMU) has received a Notice of Grant from the US Patent and Trademark Office for its patent application for the HER-Vaxx cancer immunotherapy, currently in Phase II development for HER-2+ gastric cancer.

The patent titled ‘A vaccine composition and uses thereof’ protects the method of composition and method of use of Imugene’s HER-Vaxx for the generation of a therapeutic antibody response against HER-2/neu.

HER-Vaxx is a proprietary therapeutic cancer immunotherapy that stimulates a polyclonal antibody response to HER-2/neu, the same biomarker targeted by the $US7 billion per annum drug Herceptin.

ASX News:

Imugene HER-Vaxx Immunotherapy Patent Granted in United States.

> Core US patent granted in world’s largest pharmaceutical market;

> Patent provides method of composition and method of use protection to 2036.

https://t.co/cUry3A5Xvo#Immunotherapy #biotech $IMU pic.twitter.com/eIYwLJSqLZ

— Imugene | Cancer Immunotherapies (@TeamImugene) January 13, 2020

HER-Vaxx has successfully completed a Phase Ib study in gastric cancer and the current stage of development is a Phase II study in gastric cancer.

Imugene managing director and CEO Leslie Chong said: “Attaining the key US patent is an important milestone.

“This adds extra value to HER-Vaxx as this will protect it in the world’s largest pharmaceutical market until 2036.”

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