With IP purchase, Cantargia doubles down on IL1RAP target
Stock in Stockholm-based Cantargia (STO: CANTA) has been lifted by news the firm has bought an important patent portfolio from Cellerant Therapeutics.
The intellectual property covers aspects around the interleukin 1 receptor accessory protein (IL1RAP), including a patent on using IL1RAP as a target for antibody therapy in leukemia.
Cantargia is working on antibody-based therapeutics targeting this protein. In its most advanced program, the antibody CAN04 is being tested in the Phase I/IIa CANFOUR study, with a primary focus on non-small cell lung cancer and pancreatic cancer.
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