BIO-Europe Spring® 2017: Korean pharma spawns US cancer biotech startup

April 10, 2017
HanAll, a Korean generics and drug reformulation business, has established a US biotech based on research it funded to utilize cellular metabolism to develop novel and immuno-oncology therapies. Dr. Benjamin R Cowen, COO of ImmunoMet Therapeutics, reveals how the Houston-based startup is developing OXPHOS inhibitors to treat drug resistant and relapse cancers. Immunomet anticipates putting its lead program, IM156, into Phase I trials in June 2017. The molecule has shown impressive in vivo efficacy in resistant brain and lung tumors. A second program, IM188, which is being developed in combination with immunotherapies, including an anti-PD-1, is in late stage optimization and has demonstrated tumor regression in a renal cancer model. The company has now established itself at the JLABs facility, adjacent to MD Anderson, one of the world’s leading cancer research centers. The company is starting discussions with potential partners for both of its programs and intends to raise additional funds in a series C round by the end of 2017.
Previous Video
BIO-Europe Spring® 2017: Sinergium provides gateway to Latin American vaccine and biologics markets
BIO-Europe Spring® 2017: Sinergium provides gateway to Latin American vaccine and biologics markets

With the Latin American vaccines market forecast to more than quadruple in size from just over USD 150 mill...

Next Video
BIO-Europe Spring® 2017:  Infant Bacterial Therapeutics harnesses microbiome to treat preterm babies
BIO-Europe Spring® 2017: Infant Bacterial Therapeutics harnesses microbiome to treat preterm babies

By harvesting Lactobacillus reuteri from lactating mothers, Infant Bacterial Therapeutics has developed an ...