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Apexigen Announces the Filing by its Partner, Simcere Pharmaceutical Group, of First IND
Date:3/11/2011

Simcere has been very productive.  We look forward to continuing to collaborate with Simcere on the clinical development program which will provide the first clinical validation of our technology."

"This IND filing is the outcome of dedicated effort and collaboration between Apexigen and Simcere," said Mr. Jinsheng Ren, chairman and chief executive officer of Simcere.

About Apexigen, Inc.

Apexigen, Inc. is an emerging biopharmaceutical company focusing on the development of monoclonal antibodies as best-in-class therapeutics. Apexigen's antibody technologies produce a broad diversity of antibodies with high specificity, high affinity, and unique epitopes, and can successfully generate antibodies against challenging antigens where competing technologies fail.

Located in Burlingame, CA, Apexigen owns exclusive rights, for use in the development and commercialization of human therapeutics, to the proprietary antibody technologies and therapeutic antibodies developed by Epitomics, Inc.  Apexigen is actively developing its internal therapeutic product pipeline and seeking to form collaborative relationships with pharmaceutical and biotechnology companies for the discovery and development of pharmaceutical products based on its humanized rabbit monoclonal antibody technologies.  More information about Apexigen is available at www.apexigen.com.ContactsApexigenMark NevinsVice President, Business Development+1 650 931-6236 ext. 502
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SOURCE Apexigen, Inc.
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