InNexus Announces Achieving Business Milestone in Development of Intracellular SuperAntibody(TM) Therapeutics

17-Mar-2005

InNexus Biotechnology Inc. announced the achievement of a business milestone in the development of intracellular SuperAntibody(TM) therapeutics. With the receipt of the first of three high affinity anti-apoptosis monoclonal antibodies from its co-development partner, Epitomics, Inc., InNexus has established an important foundation on which to advance SuperAntibody(TM) platform based drugs from early-stage testing to eventual commercialization.

Commenting on the announcement, Dr. A. Charles Morgan, President of InNexus, said: "The antibody transfer marks an early and critical milestone in the development of intracellular SuperAntibody(TM) therapeutics. Utilizing our TransMAb(TM) technology platform, the newly enhanced TransMab antibodies will be able to enter inside cells to either turn on or turn off the apoptotic process, leading to the creation of new, useful and never before seen medications in areas as stroke and cancer."

Garth Likes, Vice President of Business Development added: "Using our TransMAb(TM) technology platform, we are able to regulate cellular functions and believe it represents a new paradigm in the use of antibodies and SuperAntibodies(TM) for the development of novel therapeutics and diagnostics."

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