Actinium
Pharmaceuticals is a biopharmaceutical company with a proprietary platform that
combines the precision targeting of monoclonal antibodies with the killing
power of alpha and beta radioisotopes, the former being the most potent cancer
killing agents in existence. Leveraging this platform and its ties with leading
cancer institutions such as Sloan-Kettering (its largest shareholder), MD
Anderson, Fred Hutchison, and Johns Hopkins, the company is focused on
developing drugs for underserved cancers with no approved drugs which have
multi-billion dollar market potential.
Iomab-B,
Actinium’s lead product candidate, targets age 55+ patients who suffer from one
of the deadliest of blood cancers called Acute Myeloid Leukemia (AML). There
are no approved drugs for AML patients and most die within six months. For the
few that do manage to go into remission, a bone marrow transplant offers a
chance at being cured. However, even this is a risky procedure for these
patients and most do not survive beyond six months. But in a Phase 2 trial, one
in five patients who received Iomab-B before a bone marrow transplant made it
past the two year anniversary when they are considered cured versus almost zero
for those who do not. These results imply such a medical breakthrough that the
FDA has agreed that the company may conduct just one pivotal trial before
filing for BLA approval, assuming it is successful. The primary endpoint in the
pivotal Phase 3 trial is durable complete remission, defined as a complete
remission lasting 6 months. The Phase 1/2 trial results showed that sixty
percent of older patients with advanced refractory and relapsed leukemia
achieved disease fee survival after six months.
Iomab-B
has shown in many cancers during several Phase 1 and 2 trials with over 300
patients that its use can meaningfully increase survival of bone marrow
transplant patients, and the company is initially developing it for AML because
it is the fastest path to market. The leading experts in the transplant
community recognize that Iomab-B has the potential to meaningfully increase the
success rate of bone marrow transplants and offer patients who are condemned to
die a chance of being cured. As bone marrow transplants are already the fastest
growing hospital procedure and a multi-billion dollar market despite their high
failure rate, this bodes well for Iomab-B. Also, bone marrow transplants are
delivered in under two hundred centers in the U.S. with most transplants being
done in just twenty centers. This implies Actinium can commercialize Iomab-B on
its own in the US without a major salesforce; especially as it has the support
of leading experts and there are no approved drugs for this purpose.
However,
Actinium is no one trick pony. It has another drug called Actimb-A for first
line treatment of AML in a Phase 1/2 trial. Over time, the biggest market
potential for Actinium lies in the fact that its highly patented platform
technology could be used to target a wide variety of cancers. Preclinical and
clinical work has already focused on Non-Hodgkin Lymphoma (NHL), brain cancer,
bladder cancer, ovarian cancer, breast cancer, prostate cancer, and a number of
other cancer related indications. Aside from Iomab-B, the company plans to
develop its products through Phase II clinical trials and then partner with an
appropriate third party to complete development and commercialization. The
compelling advantages of the Actinium’s platform should continue to draw
attention from the healthcare and investor communities. A closer look at their
technology will further illustrate the immense licensing and acquisition
potential inherent in the company’s high-momentum product pipeline. In fact its
closest technology competitor, Algeta, which is about 3-4 years ahead from a
market perspective, was just acquired by Bayer for $2.9 billion.
Key
Investment Highlights
•
Breakthrough Therapy Potential in Multiple Billion Dollar Markets
•
Expert Team with the Vision and Ability to Materialize Full Potential
•
Proprietary Platform Poised to Deliver Blockbuster Cancer Drugs
•
Treated over 300 patients in Multiple Phase 1 and Phase II Clinical Trials
For
more information, visit www.actiniumpharmaceuticals.com
About MissionIR
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
MissionIR is committed to connecting the investment community with companies that have great potential and a strong dedication to building shareholder value. We know our reputation is based on the integrity of our clients and go to great lengths to ensure the companies represented adhere to sound business practices.
Sign up for “The Mission Report” at www.MissionIR.com
Please see disclaimer on the MissionIR website http://www.missionir.com/disclaimer.html