Immunocore

Last updated

Immunocore
Company type Public
Nasdaq:  IMCR
Industry Biotechnology
Founded2008 (2008) in Oxford, England
FoundersBent Jakobsen and James Noble
Headquarters,
United Kingdom  OOjs UI icon edit-ltr-progressive.svg
Key people
Bahija Jallal, CEO; Sir John Bell, Chairman; Brian Di Donato, CFO and Head of Strategy; David Berman, Head of R&D
Products Cancer drugs/treatments using T-Cell receptor technology
Website www.immunocore.com

Immunocore is a global commercial-stage biotechnology company, [1] based in Oxfordshire, which researches and develops biological drugs using soluble T-cell receptor technology.

Contents

History

Immunocore was founded in 2008 as a spinout of MediGene AG, which acquired Avidex in 2006. The core technology was spun out of Oxford University in 1999 by Bent Jakobsen into Avidex Ltd. [2]

In July 2015, Immunocore announced the completion of an initial $320 million private financing round, Europe's largest ever financing round by a private life sciences company. [3] Fidelity Management & Research Company, Woodford Investment Management, Malin Corporation, Eli Lilly and Company, and RTW Investments all participated in this fundraise along with other unnamed investors and existing shareholders. [4]

In September 2017, the Bill and Melinda Gates Foundation announced a $40 million investment in Immunocore to accelerate the development of Immunocore’s ImmTAV and ImmTAB therapeutics. [5]

In March 2020, Immunocore announced the closing of its $130 million Series B private financing round. [6] In January 2021, Immunocore announced the closing of its $75 million Series C round. [7] Immunocore went public in February 2021, with closing announced on February 9, 2021. [8]

Scientific background

A schematic representation of the mechanism of action for ImmTACs Wiki ImmTAC mechanism of action diseased cell.png
A schematic representation of the mechanism of action for ImmTACs

T cell receptors (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-recognising, soluble TCRs with immune activating complexes that direct the immune system to kill cancer cells. These drugs are commonly referred to as immune-mobilising monoclonal TCRs against cancer (ImmTAC molecules). [9]

Clinical pipeline

IMCgp100 (Tebentafusp)

Tebentafusp is a soluble, bi-specific t cell engager. [10] On November 23, 2020, Immunocore announced a Phase 3 data readout for tebentafusp in the field of immuno-oncology. [11] In Jan 2022 the US FDA approved tebentafusp-tebn for HLA-A*02:01-positive adult patients with unresectable or metastatic uveal melanoma. [10]

Other Pipeline Programs

Immunocore's other pipeline programs include IMC-C103C, an ImmTAC candidate in Phase 1 partnered with Genentech for the treatment of solid tumors expressing MAGE-A4, and IMC-F106C, an ImmTAC candidate which is also in Phase 1 studies for solid tumors expressing PRAME. Earlier programs include candidates for the treatment of hepatitis B virus (HBV) and human immunodeficiency virus (HIV).

Corporate governance

Sir John Bell serves as Immunocore's chairman of the board. Bahija Jallal is chief executive officer and director of the board. [12]

See also

Related Research Articles

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<span class="mw-page-title-main">Uveal melanoma</span> Type of eye cancer

Uveal melanoma is a type of eye cancer in the uvea of the eye. It is traditionally classed as originating in the iris, choroid, and ciliary body, but can also be divided into class I and class II. Symptoms include blurred vision, loss of vision, and photopsia, but there may be no symptoms.

<span class="mw-page-title-main">Ipilimumab</span> Pharmaceutical drug

Ipilimumab, sold under the brand name Yervoy, is a monoclonal antibody medication that works to activate the immune system by targeting CTLA-4, a protein receptor that downregulates the immune system.

<span class="mw-page-title-main">Tremelimumab</span> Monoclonal antibody

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<span class="mw-page-title-main">Bi-specific T-cell engager</span> Class of artificial monoclonal antibodies

Bi-specific T-cell engager (BiTE) is a class of artificial bispecific monoclonal antibodies that are investigated for use as anti-cancer drugs. They direct a host's immune system, more specifically the T cells' cytotoxic activity, against cancer cells. BiTE is a registered trademark of Micromet AG.

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Cixutumumab (IMC-A12) is a human monoclonal antibody for the treatment of solid tumors.

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<span class="mw-page-title-main">Nivolumab</span> Anticancer medication

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<span class="mw-page-title-main">Talimogene laherparepvec</span> Gene therapy medication

Talimogene laherparepvec, sold under the brand name Imlygic among others, is a biopharmaceutical medication used to treat melanoma that cannot be operated on; it is injected directly into a subset of lesions which generates a systemic immune response against the recipient's cancer. The final four year analysis from the pivotal phase 3 study upon which TVEC was approved by the FDA showed a 31.5% response rate with a 16.9% complete response (CR) rate. There was also a substantial and statistically significant survival benefit in patients with earlier metastatic disease and in patients who hadn't received prior systemic treatment for melanoma. The earlier stage group had a reduction in the risk of death of approximately 50% with one in four patients appearing to have met, or be close to be reaching, the medical definition of cure. Real world use of talimogene laherparepvec have shown response rates of up to 88.5% with CR rates of up to 61.5%.

<span class="mw-page-title-main">Pembrolizumab</span> Pharmaceutical drug used in cancer treatment

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<span class="mw-page-title-main">ImmTAC</span> Biological drug for the treatment of cancer

ImmTACs are a class of bispecific biological drug being investigated for the treatment of cancer and viral infections which combines engineered cancer-recognizing TCRs with immune activating complexes. ImmTACs target cancerous or virally infected cells through binding human leukocyte antigen (HLA) presented peptide antigens and redirect the host's cytotoxic T cells to recognise and kill them.

<span class="mw-page-title-main">Binimetinib</span> Chemical compound

Binimetinib, sold under the brand name Mektovi, is an anti-cancer medication used to treat various cancers. Binimetinib is a selective inhibitor of MEK, a central kinase in the tumor-promoting MAPK pathway. Inappropriate activation of the pathway has been shown to occur in many cancers. In June 2018 it was approved by the FDA in combination with encorafenib for the treatment of patients with unresectable or metastatic BRAF V600E or V600K mutation-positive melanoma. In October 2023, it was approved by the FDA for treatment of NSCLC with a BRAF V600E mutation in combination with encorafenib. It was developed by Array Biopharma.

<span class="mw-page-title-main">Immutep</span>

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<span class="mw-page-title-main">Atezolizumab</span> Monoclonal anti-PD-L1 antibody

Atezolizumab, sold under the brand name Tecentriq among others, is a monoclonal antibody medication used to treat urothelial carcinoma, non-small cell lung cancer (NSCLC), small cell lung cancer (SCLC), hepatocellular carcinoma and alveolar soft part sarcoma, but discontinued for use in triple-negative breast cancer (TNBC). It is a fully humanized, engineered monoclonal antibody of IgG1 isotype against the protein programmed cell death-ligand 1 (PD-L1).

Ieramilimab is a monoclonal antibody being developed by Novartis for the treatment of cancer. The antibody targets the immune checkpoint LAG-3, which is expressed on T cells and tends to down-regulate an immune response. In a June 2015 presentation Novartis management indicated that 'dosing is imminent' for the first clinical trials of LAG525.

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Tebentafusp, sold under the brand name Kimmtrak, is an anti-cancer medication used to treat uveal melanoma. Tebentafusp is a bispecific gp100 peptide-HLA-directed CD3 T cell engager. Tebentafusp is given by intravenous infusion.

References

  1. "Transformational Science that Transforms Lives - Immunocore". www.immunocore.com. Retrieved 10 November 2017.
  2. "The business of science". Oxford Mail.
  3. Halpin, Padraic. "Immunocore raises $320 million in record financing round". U.K. Archived from the original on 10 November 2017. Retrieved 10 November 2017.
  4. "Immunocore announces Fidelity's Participation in $320M Financing". Immunocore.
  5. "Immunocore and the Bill & Melinda Gates Foundation Collaborate to Develop Immunotherapies for Infectious Diseases". Immunocore.
  6. Limited, Immunocore (2 March 2020). "Immunocore Secures $130 Million Series B Financing". GlobeNewswire News Room. Retrieved 20 April 2021.{{cite web}}: |last1= has generic name (help)
  7. "Immunocore announces closing of $75.0 Million Series C round". Immunocore.
  8. "Immunocore Announces Closing of $312.1 Million Aggregate Financing, Consisting of $297.1 Million Initial Public Offering, Full Exercise of Option to Purchase Additional ADSs and $15.0 Million Concurrent Private Placement". Immunocore.
  9. Liddy, Nathaniel; Bossi, Giovanna; Adams, Katherine J; Lissina, Anna; Mahon, Tara M; Hassan, Namir J; Gavarret, Jessie; Bianchi, Frayne C; Pumphrey, Nicholas J (6 May 2012). "Monoclonal TCR-redirected tumor cell killing". Nature Medicine. 18 (6): 980–987. doi:10.1038/nm.2764. ISSN   1546-170X. PMID   22561687.
  10. 1 2 FDA approves tebentafusp-tebn for unresectable or metastatic uveal melanoma Jan 2022
  11. "Immunocore's tebentafusp demonstrates superior overall survival compared to investigator's choice in a Phase 3 clinical trial of patients with previously untreated metastatic uveal melanoma". Immunocore. 23 November 2020.
  12. "Board of Directors". Immunocore.