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Immunomedics, Inc. (IMMU) Extends Patent Life On Therapeutic Antibodies


2/27/2014 9:38:22 AM

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MORRIS PLAINS, N.J., Feb. 26, 2014 (GLOBE NEWSWIRE) -- Immunomedics, Inc. (Nasdaq:IMMU), a biopharmaceutical company primarily focused on the development of monoclonal antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases, today announced the issuance of U.S. Patent No. 8,658,773, which protects a method of concentrating antibodies for subcutaneous, intramuscular or transdermal administration. The patent covers all of the Company's therapeutic antibodies, and can also be applied to most other antibodies, permitting a concentrated formulation to be given in low volume (3 ml or less) and not requiring a special device. The patent has an expiration date of May 1, 2032. It is intended for use with naked, unconjugated antibodies, particularly where subcutaneous administrations are desired in patients with cancer, autoimmune, neurological, and metabolic diseases.

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