Immunomedics Presents New Antibody for Pretargeting Epithelial Cancers at Medical Conference

Studies With TF12 in Prostate and Ovarian Cancers Reported at 2010 Society of Nuclear Medicine Annual Meeting


SALT LAKE CITY, June 9, 2010 (GLOBE NEWSWIRE) -- Immunomedics, Inc. (Nasdaq:IMMU), a biopharmaceutical company focused on developing monoclonal antibodies to treat cancer and other serious diseases, today announced that TF12, in combination with radiolabeled peptides, produced specific, fast, high-contrast imaging and pretargeted radioimmunotherapy of epithelial cancers that include cancers of the prostate and the ovary.

Pretargeting is a novel method developed by IBC Pharmaceuticals, Inc., the Company's majority-owned subsidiary, for delivering radiation or drugs to tissues of interest in 2 steps. The first step involves the administration of a bispecific antibody that targets the tissue of interest. Unlike conventional antibodies which attach to one receptor, bispecific antibodies have been engineered to contain an additional binding site. The presence of a second binding site in a bispecific antibody allows the delivery of radioisotope or drug to take place later in the second step using a small peptide recognizable by the antibody. The advantage of pretargeting is to improve the signal at the tumor relative to the background, or selectively increase the amount of the therapeutic in the tumor.

TF12 is a bispecific antibody constructed using the Company's patented Dock-and-Lock (DNL) protein engineering platform technology. It specifically targets the epithelial glycoprotein-1 antigen (EGP-1 or TROP-2) expressed in many epithelial cancers and has been reported to internalize when bound.

In a mouse model of human prostate cancer, biodistribution studies showed that TF12 in combination with an indium-111-labeled peptide produced excellent tumor-to-blood ratios as early as 2 hours after injection of the radiolabeled peptide.  In addition, the tumors were clearly visualized in a PET scan within 1 hour of the peptide injection with minimal activity in the kidneys.  More importantly, pretargeted therapy with TF12 enhanced median survival to 89 days compared with 67 days from the control groups. 

Separately, in a presentation given earlier at the same annual meeting, preclinical results from studies using TF12 for the pretargeting of ovarian cancer were reported. TF12 labeled with iodine-125 had maximum tumor uptake at 2-6 hours. By 24 hours, when blood concentration was sufficiently reduced for pretargeting, tumor uptake remained 3-fold higher.  Under pretargeting conditions, biodistribution studies in mice showed that tumor localization occurred at 3 hours, which was retained at 24 hours after peptide injection.  At 3 hours, tumor/nontumor ratios were 112 +/- 30, 56 +/- 21, 708 +/- 340 for liver, spleen and blood, respectively.

"In light of the fact that EGP-1 internalizes when bound by an antibody, we are pleased that high tumor uptake and retention of radioactivity was observed in the two cancer models using TF12.  This pretargeting system has the potential for use in the imaging and therapy of epithelial cancers with radionuclides and drugs," commented Cynthia L. Sullivan, President and CEO.

About Immunomedics

Immunomedics is a New Jersey-based biopharmaceutical company primarily focused on the development of monoclonal, antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases. We have developed a number of advanced proprietary technologies that allow us to create humanized antibodies that can be used either alone in unlabeled or "naked" form, or conjugated with radioactive isotopes, chemotherapeutics or toxins, in each case to create highly targeted agents. Using these technologies, we have built a pipeline of therapeutic product candidates that utilize several different mechanisms of action. We also have a majority ownership in IBC Pharmaceuticals, Inc., which is developing a novel Dock-and-Lock (DNL) methodology with us for making fusion proteins and multifunctional antibodies, and a new method of delivering imaging and therapeutic agents selectively to disease, especially different solid cancers (colorectal, lung, pancreas, etc.), by proprietary, antibody-based, pretargeting methods. We believe that our portfolio of intellectual property, which includes approximately 149 patents issued in the United States and more than 375 other patents issued worldwide, protects our product candidates and technologies. For additional information on us, please visit our website at www.immunomedics.com. The information on our website does not, however, form a part of this press release.

This release, in addition to historical information, may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Such statements, including statements regarding clinical trials, out-licensing arrangements (including the timing and amount of contingent payments), forecasts of future operating results, and capital raising activities, involve significant risks and uncertainties and actual results could differ materially from those expressed or implied herein. Factors that could cause such differences include, but are not limited to, risks associated with new product development (including clinical trials outcome and regulatory requirements/actions), our dependence on our licensing partners for the further development of epratuzumab for autoimmune indications and veltuzumab for non-cancer indications, competitive risks to marketed products and availability of required financing and other sources of funds on acceptable terms, if at all, as well as the risks discussed in the Company's filings with the Securities and Exchange Commission. The Company is not under any obligation, and the Company expressly disclaims any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.



            

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