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arGEN-X SIMPLE Antibody(TM) Platform set to Transform Therapeutic Antibody Discovery & Development
Date:3/1/2010

"The work that we have conducted in the past six months has clearly demonstrated the power of our SIMPLE Antibody(TM) platform and its potential to transform the development of therapeutic antibodies. We have tested its full potential by selecting as targets two highly challenging receptors known to play a pivotal role in cancer. In just a matter of weeks, we managed to generate an incredibly diverse panel of ultra-potent antagonist antibodies, effectively blanketing these targets in a way that, according to our expert collaborators, has never been seen before. Given the outstanding manufacturability of our human antibody leads, we are now in a position to further develop candidates with the best possible drug characteristics in record time."

arGEN-X intends to use the power of the SIMPLE Antibody(TM) platform to build its business by making its technology and know-how available to biopharmaceutical companies through selective strategic partnerships and adding more exciting programs to its preclinical portfolio.

Tim Van Hauwermeiren, CEO of arGEN-X commenting on the progress with the Company's own antibody pipeline said:

"Our lead program has already been remarkably productive,
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