Kiromic Announces License Agreement With Longwood University for chPD1
January 26 2021 - 4:31PM
Business Wire
Kiromic BioPharma, Inc. (Nasdaq: KRBP), an immuno-oncology
target discovery and gene-editing company, with a proprietary
artificial intelligence neural network platform (Diamond AI) to
develop novel oncology therapeutics, has announced the completion
of the chPD1 licensing agreement with Longwood University.
- PD-1 has always been a challenge for CAR-T development.
- PD-1 is the brakes of the immune system, inhibiting immune
cells from killing tumor cells. Traditional PD-1 inhibitors block
the PD-1 receptor, “removing the brakes” of T-cell activity.
- Kiromic’s chPD1 not only “removes the brakes” but also engages
the PD-1 receptor to “accelerate” T-cell activity.
- Upon interaction with the PD-1 ligand, the chPD1 receptor
activates CD3 zeta (the main activating intracellular domain for T
cells), and Dap10 (costimulatory domain). The activation of these
two intracellular domains induces T cell activation, cytokine
secretion, and tumor cell lysis.
"Longwood University is proud to have completed this chPD1
licensing agreement with Kiromic. We believe that Kiromic has a
strong Allogenic Off-The-Shelf CAR-T program which will be even
stronger with chPD1. The role that chPD1 plays in the modulation of
the tumor micro-environment (TME) can never be underestimated when
treating solid tumors," says Dr. Amorette Barber, PhD, Associate
Professor of Biology and Director of the Office of Student Research
at Longwood University.
"The completion of the licensing agreement for chPD1 marks a
major milestone for Kiromic CAR-T development. With chPD1, we
believe our chimeric PD1 CAR-T will be able to overcome the
challenging tumor micro-environment (TME) which has plagued other
CAR-T programs," says Dr. Maurizio Chiriva-Internati, PhD, CEO of
Kiromic BioPharma.
"We believe that the licensing agreement of chPD1 from Longwood
will make Kiromic the only CAR-T development program with a
built-in capability to meet other CAR-T programs head-on who do not
have a bundled chPD1 CAR-T. We believe that the licensing agreement
will place Kiromic in a solid position to begin first in-human in
solid tumors," says Mr. Gianluca Rotino, Chief of Strategy and
Innovation of Kiromic BioPharma.
About Longwood University
Longwood has a robust research department with 7 post doctorates
conducting research in molecular biology, microbiology, genomics,
cancer biology, and immunology and publishing over 75 publications
in different scientific journals in the past 5 years.
LINK to Longwood University: www.longwood.edu
About Kiromic
Kiromic BioPharma, Inc. is an immuno-oncology biopharmaceutical
company focused on discovering, developing, and commercializing
novel immuno-oncology applications through its robust product
pipeline. The pipeline development is leveraged through the
Company’s proprietary target discovery engine called "DIAMOND."
Kiromic's DIAMOND is essentially big data science meeting target
identification, dramatically compressing the man-years and the
millions of drug development dollars needed to develop a live drug.
The Company’s headquarters are located in Houston, TX adjacent to
the world’s largest medical center and the MDACC.
For more information, please visit Kiromic’s website at:
www.kiromic.com.
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Tony Tontat Chief Financial Officer (844) 539 -
2873 ttontat@kiromic.com
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