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Fundraisings and IPOs

Date: 2014-06-06

Type of information: Grant

Company: Trianta Immunotherapies, a Medigene subsidiary (Germany)

Investors: Federal Ministry of Education and Research (BMBF) (Germany)

Amount: €380 000

Funding type: grant

Planned used:

Trianta\'s anti-TCR monoclonal antibodies platform serves to generate monoclonal antibodies which recognise different T cells based on their T cell receptors. These T cell-specific antibodies are intended to remove unwanted cells from the body in order to treat T cell-induced diseases such as T cell leukaemia or various autoimmune diseases. This platform has helped to produce and characterise monoclonal antibodies which are able to distinguish between different T cell receptors. Proof of technology was established in preclinical experiments. The sponsored project intends to provide evidence of the elimination of pathogenic T cells in T-cell leukemia and autoimmune diseases, applying in-vivo and in-vitro methods with T-cell receptor-specific monoclonal antibodies.

Others:

* On June 6, 2014, Medigene announced that its subsidiary Trianta Immunotherapies GmbH will receive public funding for the development of its immunotherapy platform TABs (T-cell-specific AntiBodies) for the treatment of various types of cancer and autoimmune diseases. The grant is awarded by the Federal Ministry of Education and Research, (Bundesministerium für Bildung und Forschung = BMBF) within the scope of the \"m4 - Personalized Medicine and Targeted Therapies: a new Dimension of Drug Development\" Munich Leading-Edge Cluster initiative. The sponsored project totalling €380 k is financed by Medigene (60%) as well as the BMBF grant (40%).

Therapeutic area: Cancer - Oncology - Autoimmune diseases

Is general: Yes