Therion Biologics Licenses LFA-3 Patent Rights from Biogen Idec Inc.
Therion Biologics Corporation has announced the licensing of patent rights related to lymphocyte function associated antigen-3 (LFA-3) from Biogen Idec Inc. This licenses adds to Therion's intellectual property portfolio, strengthening its proprietary position in advancing its lead cancer vaccine candidates, Prostvac-VF and Panvac-VF. The agreement allows Therion to develop, manufacture, and commercialize oncology product candidates incorporating the LFA-3 co-stimulatory molecule in exchange for an upfront licensing fee, milestone payments, and royalties based on potential product sales.
Key Takeaways:
- Therion Biologics Corporation has licensed patent rights related to lymphocyte function associated antigen-3 (LFA-3) from Biogen Idec Inc.
- LFA-3 is a component of TRICOM, Therion's co-stimulatory system for optimizing immune response against tumor cells.
- TRICOM is an integral component of Therion's proprietary lead cancer vaccine candidates, Prostvac-VF and Panvac-VF, currently in clinical investigation for metastatic prostate cancer and pancreatic cancer, respectively.
- The addition of LFA-3 patent rights to Therion's intellectual property portfolio strengthens its proprietary position.
- The agreement includes an upfront licensing fee, milestone payments, and royalties based on potential product sales.
- TRICOM uses three co-stimulatory molecules: ICAM-1, B7.1, and LFA-3, to enhance antigen presentation and activation of immune responses critical for tumor destruction.
- Therion is using TRICOM as part of its pox virus vector-based approach to cancer immunotherapy for prostate, pancreatic, and other cancers.
- Therion Biologics Corporation develops therapeutic vaccines for cancer and preventive vaccines for AIDS.
Statistics:
- Prostvac-VF is currently in a phase II clinical trial for the treatment of metastatic prostate cancer.
- Panvac-VF is planning to begin a phase II trial in pancreatic cancer in early 2004.
- The upfront licensing fee, milestone payments, and royalties details of the agreement were not disclosed.
Sources:
- NewsRx.com & NewsRx.net
- Biogen Idec Inc. (NASDAQ:BIIB)
- Therion Biologics Corporation