Entest BioMedical's ImenVax(TM) Cancer Vaccine Appears to Slow Tumor Growth in Advanced Canine Cancer Cases Without Hazardous...
September 06 2012 - 8:00AM
Marketwired
Entest BioMedical Inc. (OTCQB: ENTB) a company focused on
veterinary biotechnology and veterinary hospital acquisition /
operation, announced today that the company's recent research study
conducted on ImenVax™ (Entest's Immuno-therapeutic cancer vaccine
for dogs), ImenVax™ appears to show signs of slowing tumor growth
in advanced cases of oral melanoma, while being well tolerated by
patients.
"Principal investigators conducting the safety study on ImenVax™
observed the implantation device and vaccine to be very
well-tolerated," stated Entest BioMedical Chairman & CEO David
Koos. "There was only one case where the patient had a minor skin
irritation. In all of the cases studied the size of the tumors were
likely too extensive to allow for objective response with ImenVax™
as single agent therapy. The company's researchers stated that
subjectively, tumor progression was slowed during the period that
the implant was present and accelerated after removal in 2
patients. The report recommends that further evaluation in patients
with lesser tumor burden is warranted, along with cytokine
stimulation."
Dr. Koos continued, "Our ImenVax™ immune-therapeutic cancer
vaccine is designed to treat dogs with oral melanoma while limiting
the side effects of treatment. We anticipate that within the next
16 months, we will have the capacity to treat just over 3,000
patients yearly throughout our veterinary clinics."
A Spokesperson for the Company noted the National Canine Cancer
Foundation says one in three dogs will be impacted by cancer. This
staggering statistic shows not only the need for a cost effective
treatment but also a treatment that is well tolerated. The
potential revenue generated per patient is approximately $3,000
according to industry statistics. Management indicates that each
veterinary hospital Entest will seek to acquire over the next two
years will have a preexisting patient flow of at least 700 cancer
patients per year. Once the first 10 veterinary hospitals have been
acquired, Entest could possibly see 7,000 treatable canine patients
per year at $3,000 per patient. This meaning, should Entest be
successful in meeting its veterinary hospital acquisition target
numbers [10 facilities], the company could potentially command
revenues reflecting as much as $21 million per annum; treating dogs
with cancer.
Dr. Koos concluded, "Our ImenVax™ immuno-therapeutic cancer
vaccine is being designed to utilize the patient's own immune
system to battle the cancer; potentially making it a less invasive
and less traumatic alternative for pet owners than chemotherapy and
radiation therapy. Also, the safety study is being conducted on
dogs suffering from oral melanoma. We have no intention to simply
stop at oral melanoma applications. Entest is working with an
incredibly experienced research team in hopes to increase efficacy
in extreme cases by the inclusion of cytokine stimulation. We
anticipate at some point in the near future, to begin clinical
trials as we will ultimately seek USDA or FDA approval to further
the reach of our ImenVax™ canine cancer treatment."
About Entest BioMedical Inc.:
Entest BioMedical Inc. (OTCQB: ENTB) is a developer of
veterinary medicines that harness the animal's own reparative /
immunological mechanisms. The company's products include an
immuno-therapeutic cancer vaccine for canines (ImenVax™). The
company's immuno-therapeutic cancer vaccine utilizes an
encapsulation device as the vaccine delivery system and requires a
simple implant procedure.
Disclaimer
This news release may contain forward-looking statements.
Forward-looking statements are inherently subject to risks and
uncertainties, some of which cannot be predicted or quantified.
Future events and actual results could differ materially from those
set forth in, contemplated by, or underlying the forward-looking
statements. The risks and uncertainties to which forward-looking
statements are subject include, but are not limited to, the effect
of government regulation, competition and other material risks.
Contact: Entest BioMedical Inc. David R. Koos Chairman & CEO
619.702.1404 Direct 619.330.2328 Fax Email Contact
www.EntestBio.com
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