Ophthalmic specialist biopharma company ThromboGenics (Euronext Brussels: THR) has founded Oncurious, a new oncology company that will develop TB-403 for the treatment of pediatric brain tumors.
VIB, a Belgium-based life sciences institute, will become a shareholder alongside ThromboGenics. TB-403 is a humanized monoclonal antibody against placental growth factor (PlGF). PlGF is expressed in several types of cancer, including medulloblastoma, a rare, life-threatening brain tumor that mainly affects children. High expression of the PlGF receptor neuropilin 1 has been shown to correlate with poor overall survival.
Treatment with TB-403 in relevant animal models for medulloblastoma has demonstrated beneficial effects on tumor growth and survival. Oncurious now plans to start a Phase I/IIa program with TB-403 in medulloblastoma patients, with enrolment of the first patient expected for the end of 2015.
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