First FDA breakthrough therapy designation for KLH-conjugate immunotherapy signals key step for novel carrier molecule

FDA

Stellar Biotechnologies, Inc., the leader in sustainable manufacture of Keyhole Limpet Hemocyanin ("KLH") is encouraged that the U.S. Food and Drug Administration (FDA) has granted Breakthrough Therapy Designation for a KLH-based immunotherapy compound in the treatment of adult patients with EGFRvIII-positive glioblastoma being developed by Celldex Therapeutics, Inc. 

This important designation by the FDA is a first for a KLH-based immunotherapy. Stellar KLH is not being used by Celldex, however, there are a number of KLH-conjugate immunotherapies that are currently in clinical trial development in the U.S., Europe, or Asia for a variety of disease indications including cancers, autoimmune disorders, Alzheimer's, and inflammatory diseases, which are using Stellar KLH™. 

"We believe this represents an important validating event for the KLH-conjugate approach in immunotherapy," said Frank Oakes, President and CEO of Stellar Biotechnologies. "This fast track designation provides a positive signal from the FDA for companies developing immunotherapies that use the KLH molecule as a carrier protein component."

Stellar developed the proprietary ability to sustainably produce KLH while protecting its natural marine source and the Company is strategically focused on ensuring long-term, scalable supply of this essential molecule for pharmaceutical use. Stellar believes that, should the pipeline of KLH-based immunotherapies lead to approved new drug products, the Company will be positioned to take advantage of the emerging KLH market opportunity.

For more details, go to: http://www.stellarbiotechnologies.com/media/press-releases/detail/314/first-fda-breakthrough-therapy-designation-for

Michael Wonder

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Michael Wonder

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