THOUSAND OAKS, Calif., Feb. 11, 2011 /PRNewswire/ -- ImmunGene, Inc., a privately held drug development company focused on targeted antibody therapeutics, announced today that a profile of the company and its interferon payload technology platform and drug discovery pipeline is featured in the February 7 issue of BioCentury, one of the most widely read publications in the pharma and biotech industries. (www.biocentury.com)
The publication noted that, ImmunGene's CEO Sanjay Khare "anticipates licensing deals will be a key part of ImmunGene's strategy. 'We see a potential model where we out-license our cytokine payload technology and in-license antibodies or antibody targets that will deliver the payload to treat cancer and perhaps other diseases,' he said."
Dr. Sanjay Khare also said, "We are pleased to receive recognition from a global biotech publication for ImmunGene's interferon payload technology and pipeline of next generation of armed antibodies for cancer. Our platform technology, available for non-exclusive licensing, offers the possibility of lower doses of drug for clinical efficacy which will result in the lower cost of goods along with patient convenience and may reduce hospitalization cost."
"We are in advanced discussions with several biotech/pharma companies for both product and technology partnerships," Dr. Khare added.
BioCentury Publications, Inc. is internationally recognized as the leading provider of value-added information, analysis and data for biotechnology and pharmaceutical companies, investors, academia and government on the strategic issues essential to the formation, development and sustainability of life science ventures. BioCentury employs a fully integrated multimedia platform — including publications, video, online data solutions and conferences — to provide its audience with authoritative and up-to-date in
|SOURCE ImmunGene, Inc.|
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