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

identifying 65 unique IL-6 antagonists with potencies in the picomolar to femtomolar range. Both lead and back-up molecules in this program have shown impressive performance in in vivo efficacy studies less than a year from project commencement, and are now being progressed into preclinical development. We are extremely pleased with how quickly we have progressed all four of our internal programs. The progress that we have made so far with our platform and pipeline gives us great confidence in building a high-value business that makes us an attractive partner for big pharma."

The power of the SIMPLE Antibody(TM) platform has enabled arGEN-X to close a recent EUR12.5 milion Series A fund raising. The round was backed by a range of leading European life science investors including Forbion Capital Partners, LSP, Credit Agricole Private Equity, KBC Private Equity, BioGeneration Ventures, Erasmus MC Biomedical Fund, Thuja Capital Healthcare Funds, as well as the prestigious Belgian life sciences research institute VIB.

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