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Immunomedics receives phase II SBIR grant from National Institutes of Health (NIH) for F-18 labeled peptides

Posted on: Mon, 19 Oct 2009 15:23:00 EDT

Symbols: IMMU

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Oct 19, 2009 (Datamonitor Financial Deals Tracker via COMTEX) --
IMMU | Quote | Chart | News | PowerRating -- Immunomedics, Inc. has received a multiyear phase II small business innovation research (SBIR) grant from the National Institutes of Health (NIH) for the development of F-18 labeled peptides for pretargeted positron-emission tomography, or PET, imaging of pancreatic cancer.

Immunomedics is a biopharmaceutical company focused on the development of monoclonal, antibody-based products for the targeted treatment of cancer, autoimmune and other serious diseases.

In addition, Immunomedics has also received an another two grants from the NIH. These three grants amount to $2.1 million payable by the NIH over a period of two years. One of the awards can be extended to three years with a potential $2.5 million additional funding, if certain goals and milestones are met.

Deal Type    Partnership
Sub-Category Other
Deal Status  Announced: 2009-10-19

Deal Participants

Partner 1 (Company) National Institutes of Health
Partner 2 (Company) Immunomedics, Inc.
Partner 3 (Company) The U.S. Department of Health and Human Services

For full details on Immunomedics Inc (IMMU) IMMU. Immunomedics Inc (IMMU) has Short Term PowerRatings at TradingMarkets. Details on Immunomedics Inc (IMMU) Short Term PowerRatings is available at This Link.

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