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Micromet Reports Fourth Quarter and Full Year 2009 Financial Results
Date:3/4/2010

"With our lead product candidate blinatumomab expected to begin a European pivotal trial in mid-2010, a clinically validated next-generation antibody platform, and global rights to our two most advanced BiTE antibodies, we believe Micromet is in a strong position to continue to build value for all of our stakeholders in 2010 and beyond," said Christian Itin, Ph.D., Micromet's President and Chief Executive Officer.  "We are on track to initiate two additional clinical trials later this year that will enable us to evaluate blinatumomab's utility in leukemia sub-types with high unmet medical need."

Fourth Quarter and Recent Pipeline Highlights:

  • Reported results from a Phase 2 trial of blinatumomab in acute lymphoblastic leukemia (ALL) - At the December 2009 American Society of Hematology (ASH) Annual Meeting, the Company announced the presentation of data from a Phase 2 trial of blinatumomab in patients with ALL. 80 percent of evaluable patients (16 of 20) achieved MRD-negativity, the primary endpoint of the trial, all within the first treatment cycle.   These data were selected by the American Society of Hematology for inclusion in the 2009 "Best of ASH."  


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