Cantargia Share Offering Prior To Planned Nasdaq First North Listing

STOCKHOLM--(BUSINESS WIRE)--Cantargia AB – developing a new type of cancer treatment Cantargia is developing an antibody-based cancer treatment, which attacks mature cancer cells as well as cancer stem cells – the root of the disease. The company has selected and submitted a patent application for a product candidate, targeting IL1RAP, which has a specific and strong binding to leukaemia stem cells and mature cancer cells. In preclinical studies the antibody has been shown to have two potential mechanisms of action which complement each other; it helps the immune system’s killer cells to identify and attack the source of the disease, and it blocks the signals from the target molecule, preventing the cancer cells from spreading. Studies will be carried out to determine safe doses for future treatment of patients. In 2015 Cantargia will carry out further preclinical studies, primarily in solid tumours. The results of these studies will provide guidance for which lead indications should be the subject of future clinical studies.

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