'Blockbuster potential' for Australian firm's immuno-oncology pipeline

23 January 2017

Australian biotech company Prima BioMed (ASX: PRR) will present research into its lead immuno-oncology candidate, IMP321, at the 2nd Annual Cancer Immunotherapy Conference in San Francisco next month.

The drug is in Phase II development against metastatic breast cancer and also in Phase I development in melanoma in combination with Keytruda (pembrolizumab), according to a report from Van Leeuwenhoeck Research analyst Marcel Wijma.

Prima acquired the rights to IMP321 when it bought the privately held French immunotherapy company Immutep in 2014, becoming a front-runner in LAG-3 technology.

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