Wednesday, August 21, 2013

Galena Biopharma, Inc. (GALE) European Allowance to Strengthen IP Portfolio

Galena Biopharma, a biopharmaceutical company developing and commercializing targeted oncology treatments that address major unmet medical needs to advance cancer care, told investors today that the European Patent Office notified the company of an intention to grant a Pharmaceutical Use Patent for NeuVax™ (nelipepimut-S).

The patent referenced covers the use of NeuVax as a vaccine for the prevention of relapse in breast cancer patients with an immunochemistry (IHC) rating of 1+ or 2+ for HER2/neu protein expression and a fluorescence in situ hybridization (FISH) rating of less than 2.0 for HER2/neu gene expression. According to today’s press release, the patent protection is afforded in all of the European countries and will expire in April 2028.

“This patent expands our intellectual property protection for NeuVax in Europe, and further validates our novel, cancer immunotherapy approach to preventing the recurrence of breast cancer in women who otherwise have no treatment options,” said Mark J. Ahn, Ph.D., President and CEO. “NeuVax is the only drug currently in Phase 3 development for patients with early-stage, node-positive breast cancer with low-to-intermediate HER2 expression status.”

For more information, visit www.galenabiopharma.com

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