BioSpace.com

Biotech and Pharmaceutical
News & Jobs
Search the Site
 
   
Biotechnology and Pharmaceutical Channel Medical Device and Diagnostics Channel Clinical Research Channel BioSpace Collaborative    Job Seekers:  Register | Login          Employers:  Register | Login  

NEWSLETTERS
Free Newsletters
Archive
My Subscriptions

NEWS
News by Subject
News by Disease
News by Date
PLoS
Search News
Post Your News
JoVE

CAREER NETWORK
Job Seeker Login
Most Recent Jobs
Browse Biotech Jobs
Search Jobs
Post Resume
Career Fairs
Career Resources
For Employers

HOTBEDS
Regional News
US & Canada
  Biotech Bay
  Biotech Beach
  Genetown
  Pharm Country
  BioCapital
  BioMidwest
  Bio NC
  BioForest
  Southern Pharm
  BioCanada East
  US Device
Europe
Asia

DIVERSITY

INVESTOR
Market Summary
News
IPOs

PROFILES
Company Profiles

START UPS
Companies
Events

INTELLIGENCE
Research Store

INDUSTRY EVENTS
Biotech Events
Post an Event
RESOURCES
Real Estate
Business Opportunities

 News | News By Subject | News by Disease News By Date | Search News
eNewsletter Signup
Miles
Km80.5

   

Pharmexa A/S (PHARMX.CO) Acquires Patent Estate From vectron therapeutics AG


10/19/2005 5:12:31 PM

HOERSHOLM, Denmark, Dec. 22 /PRNewswire/ -- Summary: Pharmexa has acquired a portfolio of intellectual property rights within the field of immunotherapy from Vectron Therapeutics, a German biotech company in liquidation.

The technologies cover novel targeted liposomal delivery systems and recombinant antibody-like proteins known as single chain diabodies. The rights were acquired from Vectron Therapeutics AG, a German biotech company currently in liquidation and include both issued and pending patent applications. Liposomes are a well-known effective delivery system that can be formulated with either AutoVaca Protein or AutoVaca DNA pharmaccines. Diabodies are small antibody-like fragments that have many capabilities, including passive immunotherapy.

Pharmexa's CEO Jakob Schmidt says: "In the mid- to long-term, these technologies could potentially complement our immunotherapy platform in a number of interesting ways, while right now representing a very inexpensive opportunity for us. The acquisition of Vectron's patents supports our strategy to secure for ourselves the best possible position in the field of immunotherapy, in terms of products, technology and intellectual property."

The acquisition has no effect on Pharmexa's expectations to the financial result for 2004 and 2005.

Hoersholm, December 22, 2004 Jakob Schmidt Chief Executive Officer Additional information: Jakob Schmidt, Chief Executive Officer, telephone +45 4516 2525

Note to editors: Pharmexa A/S is a leading company in the field of active immunotherapy for the treatment of serious chronic diseases. Pharmexa's proprietary AutoVac(TM) technology platform is broadly applicable, but the company has focused its resources on a number of cancer forms and chronic inflammatory diseases, with research and development programs targeted towards breast cancer, rheumatoid arthritis and bone degeneration. Collaborative agreements include Schering-Plough, H. Lundbeck and Bavarian Nordic.

http://www.pharmexa.com/

Pharmexa A/S

CONTACT: Jakob Schmidt, Chief Executive Officer, telephone,+45-4516-2525



Read at BioSpace.com

   

ADD TO DEL.ICIO.US    ADD TO DIGG    ADD TO FURL    ADD TO STUMBLEUPON    ADD TO TECHNORATI FAVORITES