MOLOGEN AG receives patent for cell based gene therapy
Corporate news announcement processed and transmitted by Hugin AS.
The issuer is solely responsible for the content of this
announcement.
----------------------------------------------------------------------
--------------
Berlin, November 3, 2008 - The Berlin biotech company MOLOGEN AG
announced today that the Russian patent office is going to issue the
patent for cell based gene therapy against cancer.
MOLOGEN has developed an innovative product candidate for the
treatment of cancers with the cell based gene therapy against cancer
(MGN1601).
In Europe, MOLOGEN is preparing an approval relevant clinical study
of phase I/II with MGN1601, which should be carried out in the next
year. MGN1601 has received Orphan Drug Status from the European
Medicines Agency (EMEA). The Orphan Drug Status guarantees a ten year
marketing exclusivity within the European Union. Furthermore, the
company is being granted advisory support from the EMEA during the
approval process.
About cell based gene therapy
Foreign cancer cells (allogenic tumour cells) are used in cell based
gene therapy to activate the patient's immune system, so that it is
enabled to recognise and fight the body's own tumour cells. To
increase the efficiency of the immune system in this defence process
the allogenic tumour cells are genetically modified before treatment
with MIDGE® vectors. This modification leads to these allogenic
tumour cells being especially well recognised by the patient's immune
system. In addition dSLIM® immunomodulators are used which elicit a
broad activation of the immune system.
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).
Disclaimer concerning prognoses
Certain statements in this communication contain formulations or
terms referring to the future or future developments, as well as
negations of such formulations or terms, or similar terminology.
These are described as forward-looking statements. In addition, all
information in this communication regarding planned or future results
of business segments, financial classification numbers, developments
of the financial situation, or other financial or statistical data
contains such forward-looking statements. The company cautions
prospective investors not to rely on such forward-looking statements
as certain prognoses of actual future events and developments. The
company is neither responsible nor liable for these forward-looking
statements. It is not responsible for updating such information,
which only represents the state of affairs on the day of publication.
MOLOGEN AG
Fabeckstr. 30, 14195 Berlin, Germany
Contact: Joerg Petrass
Email: investor@mologen.com
Phone: +49-30-84 17 88-13
Fax: +49-30-84 17 88-50
--- End of Message ---
MOLOGEN AG
Fabeckstr. 30 Berlin Germany
WKN: 663720; ISIN:
DE0006637200;
Listed: Freiverkehr in Börse Berlin, Freiverkehr in Hanseatische
Wertpapierbörse zu Hamburg,
General Standard in Frankfurter Wertpapierbörse, Freiverkehr in
Bayerische Börse München,
Freiverkehr in Börse Stuttgart;