Medigene is a German biotech company focusing on cancer immunotherapy. A T cell receptor (TCR) candidate has recently entered the clinic and a dendritic cell (DC) vaccine Phase I/II clinical study is ongoing in Phase II.
Medigene is focused on the rapid development of its cancer immunotherapy technology platforms: dendritic cell (DC) cancer vaccines, adoptive T-cell therapy (TCR) and T-cell specific antibodies (TABs). For TCRs, Medigene has initiated its first company-led trial with MDG1011 in patients with PRAME expressing AML, MDS or MM. The partnership with bluebird bio, utilising its TCR technology platform, was expanded in 2018 to include six preclinical candidates.The company recently announced a collaboration agreement with Roivant/Cytovant for three TCR projects and a DC vaccine, for Greater China, South Korea, and Japan. Medigene is well-funded to execute its clinical programme. As of 31 March gross cash (including time deposits) was €65.5m. Our forecasts are currently under review.
Cancer immunotherapy is attracting huge biotech investor interest. Medigene’s DC vaccine technology is a new generation, with multiple potential efficacy and manufacturing benefits over the forerunners, eg Provenge. The TCR programme has similarities to CAR-T products, but with potentially significant efficacy and safety advantages.