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immatics Raises EUR54 Million to Advance its Late Stage Clinical Therapeutic Cancer Vaccine Portfolio
Date:9/21/2010

ated with IMA901 and saw in the management team and in their plans, a clear route to a high increase in the value of the Company. With the Company's approach to rationally designed vaccines, we believe immatics is very well placed to become a leader in this fast emerging area and make a real impact on the lives of cancer patients."

Prof. Christof Hettich from dievini Hopp BioTech holding commented: "We are pleased to be able to continue to support immatics. We are convinced of the immatics approach to cancer vaccines and we also believe that the management team will be able to deliver on the compelling plan they have developed and generate significant value for all shareholders."

Prof. Erich Schlick from Wellington Partners commented: "Wellington's continuing support of immatics is based on a strong belief in the clinical relevance of peptide based cancer vaccines and the excellent performance of management since our initial investment."

About immatics

immatics biotechnologies is a clinical-stage biopharmaceutical company developing advanced therapeutic vaccines that are active against cancer. immatics' lead product, IMA901 has completed a successful Phase II trial in renal cell carcinoma. immatics' pipeline also includes IMA910, in Phase II for colorectal cancer, and IMA950 which is being developed for glioma.

immatics' technology platform rapidly generates defined therapeutic cancer vaccines which are based on multiple tumor-associated peptides (TUMAPs) with the ability to specifically stimulate the immune system against cancer cells. These vaccines - comprising multiple peptides confirmed to be naturally presented by real tumor tissue - offer the prospect of greater effectiveness than existing cancer vaccine approaches combined with fewer side effects. immatics' products are 'drug like' with stable, off-the-shelf formulations and robust easily scalable manufacturing.

immatics is based in Tuebingen and Munich, German
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SOURCE immatics
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