Mologen AG First Patient Enrolled in Clinical Study with Cancer Therapy MGN1703

The Berlin-based biotechnology company MOLOGEN AG has announced today the first patient enrolment in the phase I clinical study with MGN1703, an innovative cancer medicine. MGN1703 is based on the DNA immunomodulator dSLIM® developed by MOLOGEN. The clinical study is performed in the university hospitals of Essen and Cologne.

Dr Matthias Schroff, CEO of MOLOGEN AG, commented: „We now have laid the foundation for a successful execution of the study. With the first patient enrolled today, the study is well on schedule.”

Information about the clinical study with MGN1703

The study (Phase I) of the safety, compatibility and immunological effect of MGN1703 in the treatment of various cancers is a major milestone for a comprehensive clinical development program. MOLOGEN plans to establish an effective, compatible treatment for the treatment of the most frequent cancers in the form of MGN1703. According to forecasts from experts, there is a global market worth several billion dollars for innovative, immunomodulatory forms of cancer therapy.

The study is performed at the renowned cancer centers in university hospitals in Essen and Cologne, and will last around six months.

dSLIM® - an innovative TLR9 agonist

In dSLIM® (“double Stem Loop Immunomodulator”), MOLOGEN has developed an innovative TLR9 agonist. Use of dSLIM® activates the immune system to protect against tumor-associated antigens by targeting the TLR9 receptor on certain immune cells. As a result of chemotherapy and radiotherapy, tumor-associated antigens are released by cancer cells. The immune system activated by dSLIM® is in a position to overcome its fatal tolerance towards cancer cells and advance against them strategically.

Market for immunomodulatory therapies worth billions

In terms of efficacy and compatibility, immunomodulatory therapies could mean a real medical breakthrough in the fight against cancer. Experts estimate that there is a global market worth billions of US Dollars for such therapies.

Pharmaceutical companies are therefore extremely interested in securing the rights to molecules like TLR9 agonist and testing substances in many different indications. The recent acquisition of a US competitor by a globally operating pharmaceutical group is convincing proof of the great potential attributed internationally to TLR technology.

About MOLOGEN

MOLOGEN AG, a biopharmaceutical company based in Berlin, specializes in the research and development of innovative medicines based on DNA structures (DNA: deoxyribonucleic acid).

Its patented DNA-based technology platforms MIDGE® and dSLIM® form a universal foundation with a wide range of possible applications. Activities focus on product developments for the treatment of cancer and vaccines for serious infections in humans and animals.

MOLOGEN was founded in 1998 and was the first German biotechnology company to go public. MOLOGEN AG shares are listed in the General Standard of Deutsche Börse (ISIN DE 0006637200).

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