The Company will work with sanofi-aventis to conclude the UVIDEM collaboration within the three month timeframe prescribed in their agreement. As of September 30, 2007, sanofi-aventis owned approximately 7.9% of the Company's outstanding common stock.
About UVIDEM
UVIDEM is a therapeutic specific immunostimulant developed to date by IDM Pharma in partnership with sanofi-aventis. UVIDEM consists of mature dendritic cells loaded with lysates from melanoma tumor cell lines. UVIDEM has been administered to 143 patients in clinical development.
About IDM Pharma
IDM Pharma is focused on the development of innovative cancer products that either destroy cancer cells by activating the immune system or prevent tumor recurrence by triggering a specific adaptive immune response. IDM Pharma is dedicated to maximizing the full therapeutic and commercial potential of each of its innovative products to address the needs of patients and the physicians who treat these patients.
For more information about the company and its products, visit http://www.idm-pharma.com.
Forward-Looking Statements
This press release and the presentation described in this press release
include forward-looking statements that reflect management's current views
of future events including statements regarding the strategic alternatives
available to the Company, the Company's anticipated restructuring, benefits
that may be derived from the discontinued development of UVIDEM and the
anticipated restructuring, regulatory approval for L-MTP-PE, further
development plans for the Company's clinical products and the timing for
conclusion of the UVIDEM collaboration. Actual result
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