Immunocore

Immunocore
Private
Industry Biotechnology
Founded 2008 (2008) in Oxford, England
Founder Dr. Bent Jakobsen
Key people
Jonathan Knowles, CEO; Nicholas Cross, Deputy Chairman of the Board
Products Cancer drugs/treatments using T-Cell receptor technology
Website www.immunocore.com

Immunocore is a privately owned British clinical-stage biotechnology company,[1] based in Oxfordshire, which researches and develops cancer treatments using T-cell receptors (TCRs).

History

Immunocore was founded in 2008 as a spinout of German Medigene AG who had acquired former Avidex in 2006, which was founded in 1999 as a spinout from the University of Oxford by Dr Bent Jakobsen.[2]

In July 2013 GlaxoSmithKline paid ₤142 million for the rights to pre-clinical drugs they had developed which act against several targets that Immunocore had been working on.[3] In June 2013 Immunocore had entered into a similar deal with Genentech, which, according to the deal, would earn Immunocore an initiation fee of between $10 million and $20 million for each lead program initiated by Genentech and in excess of $300 million in milestone payments for each target programme and significant tiered royalties.[4] In January 2014 MedImmune - the global biologics research and development arm of AstraZeneca - announced the next oncology research collaboration and licensing agreement for Immunocore, who then was eligible to receive an upfront payment of $20 million and up to $300 million in development and commercial milestone payments for each target programme selected as well as significant tiered royalties if these programmes are successful.[5]

Scientific background

A schematic representation of the mechanism of action for ImmTACs

TCRs are molecules found on the surface of T lymphocytes (or T cells) and play various roles in the immune system. TCRs are often cited as aiding in recognising foreign antigens being presented by cells which have been infected by viruses or intracellular bacteria. Immunocore has developed a line of biologic medicines by combining engineered, cancer-recognizing TCRs with immune activating complexes, which, in theory, creates a drug that directs the immune system to kill cancer cells. These drugs are commonly referred to as immune-mobilizing monoclonal TCRs against cancer (ImmTACs).[6]

Clinical pipeline

IMCgp100

IMCgp100 is an immunotherapy for melanoma.[7] Clinical trial results reported April 2015.[8]

Corporate governance

The inaugural chairman of Immunocore's board of directors was Nicholas Cross.[1] In late 2013, Jonathan Knowles succeeded Cross in this position, and Cross was retained as deputy chairman.[1] Knowles had previously served as a non-executive director since 2010.[1]

In February 2015, it was published that Eliot Forester had joined Immunocore as chief executive officer (CEO).[9]

See also

References

  1. 1 2 3 4 Slatko, Joshua (December 2013). "BMS changes senior management team". People on the Move: Biopharma. Med Ad News. p. 27.
  2. "Immunocore". Immunocore Homepage. Immunocore. Retrieved 13 August 2013.
  3. "GSK taps UK firm for "beyond antibodies" cancer drug technology". Fox News Channel. 9 July 2013. Retrieved 9 July 2013.
  4. "Genentech Makes Potentially $300M+ Pact for Immunocore's ImmTACs". Genetic Engineering & Biotechnology News. 27 June 2013. Retrieved 23 July 2013.
  5. "MedImmune and Immunocore enter immunotherapy agreement to develop novel cancer therapies".
  6. Liddy, Nathaniel (2012). "Monoclonal TCR-redirected tumor cell killing". Nature Medicine 18: 980–987. doi:10.1038/nm.2764. Retrieved 5 August 2013.
  7. Study to Assess the Tolerability of a Bispecific Targeted Biologic IMCgp100 in Malignant Melanoma
  8. Immunocore Announces Positive Clinical Trial Data for Novel First-in-Class Immunotherapy at AACR Annual Meeting 2015
  9. "Eliot Forster, Ph.D.". People. Genetic Engineering & Biotechnology News 35 (4). 15 February 2015. p. 37.

External links


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