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Algeta initiates new R&D program to investigate a Targeted Thorium Conjugate (TTC) against hematological cancers

17-08-2012: Algeta ASA announced it has initiated a new research and development program aimed at investigating the effect of a novel Targeted Thorium Conjugate (TTC) on hematological cancers.

The program will focus on the development of an undisclosed monoclonal antibody, which is highly selective for a validated cell surface target on hematological cancer cells, linked to the alpha-particle emitter thorium-227 (Th-227).

This new program represents Algeta’s fourth TTC program and as part of the project the Company has entered into a fee-for-service agreement with Cobra Biologics, which will manufacture the antibody in its GMP-approved facility in Södertälje, Sweden. Algeta has already demonstrated it can chelate Th-227 to this antibody in exploratory studies.

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