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APOIMMUNE, INC.
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June 2001
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| Contacts: |
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Steve Downey, President and CEO
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| Description: |
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ApoImmune, Inc. is a biotechnology company committed to the development of powerful new therapeutics to treat chronic and acute life-threatening diseases and improve patients' quality of life. ApoImmune is founded on a broad-platform protein-based technology used for immunomodulation - that is - using one's own immune system to treat disease.
ApoImmune's technology platform, licensed from the University of Louisville Research Foundation, is the result of more than a decade of research conducted by co-founder and Chief Scientific Officer Dr. Haval Shirwan. ApoImmune holds an exclusive worldwide license to the technology underlying this research.
ApoImmune completed an institutional financing in 2006, receiving $500K in economic development incentives and continues to develop a lead vaccine product utilizing a $750K Phase I grant from NCI. The company has also been approved for a $1.8M SBIR grant in the current budget, (actual grant amount to be determined upon final SBIR budget).
The ApoImmune team expects to receive another $1.2 million in NIH grants, including more $775K to advance a new vaccine approach and over $400K to advance the company's Cellular-Based Therapy for Type I Diabetes.
ApoImmune continues to improve its intellectual property standing, having filed three additional patent applications. Phase I Clinical Trials for its lead product are anticipated to begin in 2009.
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| Web Site: |
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http://www.apoimmune.com/ |
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