• AI
  • Molecular Imaging
  • CT
  • X-Ray
  • Ultrasound
  • MRI
  • Facility Management
  • Mammography

Immunomedics inks therapy joint venture

Article

Immunomedics of Morris Plains, NJ, announced this month that it has entered into a joint venture with Beckman Coulter. The venture, IBC Pharmaceuticals, will take advantage of the two companies' compatible technologies to develop new cancer treatments.

Immunomedics of Morris Plains, NJ, announced this month that it has entered into a joint venture with Beckman Coulter. The venture, IBC Pharmaceuticals, will take advantage of the two companies' compatible technologies to develop new cancer treatments.

Immunomedics will supply its technological and marketing expertise to the venture, as well as one of its antibody patents. Fullerton, CA-based Beckman Coulter will contribute a bispecific antibody targeting technology developed by the company's Immunotech subsidiary in Marseilles, France. The technology, called the affinity enhancement system, works in a two-pronged method: A patient is first injected with the bispecific antibody that attaches to cancer cells, then is injected with a therapeutic. The process allows the tumor-killing drug to bind directly to cancer cells and kill them selectively, without affecting healthy tissue.

Immunomedics will continue its own R&D program independently of IBC, according to company chairman Dr. David Goldenberg. In addition to other diagnostic agents, Immunomedics has therapeutic agent CEA-Cide in phase I/II dose-ranging trials.

Related Videos
Improving the Quality of Breast MRI Acquisition and Processing
Can Fiber Optic RealShape (FORS) Technology Provide a Viable Alternative to X-Rays for Aortic Procedures?
Does Initial CCTA Provide the Best Assessment of Stable Chest Pain?
Making the Case for Intravascular Ultrasound Use in Peripheral Vascular Interventions
Can Diffusion Microstructural Imaging Provide Insights into Long Covid Beyond Conventional MRI?
Assessing the Impact of Radiology Workforce Shortages in Rural Communities
Emerging MRI and PET Research Reveals Link Between Visceral Abdominal Fat and Early Signs of Alzheimer’s Disease
Reimbursement Challenges in Radiology: An Interview with Richard Heller, MD
Nina Kottler, MD, MS
The Executive Order on AI: Promising Development for Radiology or ‘HIPAA for AI’?
Related Content
© 2024 MJH Life Sciences

All rights reserved.