RE: Move to the Upside16 Apr 2023 22:01
Alongside the blockbuster potential of Lupozor for Lupus and the CIDP trials both of which target multi billion $ markets we also have the recently announced partnership with Orano which does look particularly exciting.
Key points:
· Orano has paid a small undisclosed amount to ImmuPharma for a 12-month collaboration to identify suitable radiotherapy candidates for the treatment of cancer.
· ImmuPharma has agreed to provide its peptide technology, to explore the potential to allow delivery of a potent radioactive isotope to the core of a cancer cell.
· Our team based in Bordeaux, (ImmuPharma Biotech), in conjunction with Orano and the Cancer Research Centre of Lyon (CRCL), will work together to identify molecules that can carry the radioactive entity.
· Any potential new cancer therapeutic using ImmuPharma's peptide technology, discovered as part of the collaboration will be subject to a full licensing agreement between ImmuPharma and Orano in preparation for further development by Orano.
· The therapeutic goal is to use ImmuPharma's peptide technology to deliver a radioactive bullet to the nucleus of cancer cells, killing the cell with minimal impact on surrounding tissue.
· The radiopharmaceuticals market is expected to achieve global sales *€8.5bn by 2031. The combination of ImmuPharma's peptide technology and a powerful radioactive bullet is an exciting new approach with significant commercial potential.