MoU on strategic development and manufacturing partnership signed

23 November 2016

WuXi Biologics, a WuXi AppTec group company and Prima Biomed (ASX: PRR) announced today that a non-binding memorandum of understanding (MoU) was signed to form a strategic biologics development and manufacturing partnership.

Under the partnership, China’s WuXi Biologics will be the exclusive clinical manufacturer for IMP321 for Prima worldwide, excluding any manufacturing for the supply of China, Macau, Taiwan and Hong Kong where rights are retained by Prima's development partner in China, Eddingpharm. WuXi Biologics will also be Australia-based Prima's preferred partner to manufacture potential new products.

IMP321, a first-in-class soluble LAG-3 Ig fusion protein and an APC activator boosting T cell responses for cancer chemo-immunotherapy is currently in Phase II trials in Europe.

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