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Compugen to Host Conference Call to Discuss Exclusive License Agreement with Gilead for COM503, Novel Immuno-Oncology Pre-Clinical Program Harnessing IL-18 Biology

Key Takeaway: Compugen Ltd. has announced a conference call to discuss its exclusive license agreement with Gilead for the development of COM503, a novel anti-IL-18 binding protein program. This potential first-in-class antibody aims to target IL-18 to treat various tumor types. The agreement signifies a strategic partnership that could enhance Compugen's position within the immunotherapy landscape, with COM503 currently in IND enabling studies.

Market Sentiment Analysis

POSITIVE FACTORS

  • Compugen signed an exclusive license agreement with Gilead for COM503, enhancing its product pipeline.
  • COM503 is positioned as a potential first-in-class treatment targeting IL-18, aiming to treat multiple tumor types.
  • The partnership with Gilead indicates strong interest and validation of Compugen's innovative approach in immuno-oncology.

Full Press Release Details

Conference call today, December 19, 2023, 8:30 AM ET to discuss the license agreement
HOLON, Israel, Dec. 19, 2023 /PRNewswire/ -- Compugen Ltd. (Nasdaq: CGEN) (TASE: CGEN) a clinical-stage cancer immunotherapy company and a pioneer in computational target discovery, today announced that it will host a conference call at 8:30 AM ET today, to discuss the exclusive license agreement with Gilead announced today, for the development and commercialization of its anti-IL-18 binding protein program including COM503, a pre-clinical potential first-in-class high affinity antibody targeting IL-18 binding protein with potential to treat multiple tumor types.
Conference Call Details
To access the live conference call by telephone, please dial 1-866-744-5399 from the U.S., or +972-3-918-0644 internationally. The call will be available via live webcast through Compugen's website, located at the following link.
Following the live webcast, a replay will be available on the Company's website.
Compugen is a clinical-stage therapeutic discovery and development company utilizing its broadly applicable predictive computational discovery capabilities to identify new drug targets and biological pathways for developing cancer immunotherapies. Compugen has developed two proprietary product candidates: COM701, a potential first-in-class anti-PVRIG antibody and COM902, a potential best-in-class antibody targeting TIGIT for the treatment of solid tumors. Compugen also has a clinical stage partnered program, rilvegostomig (previously AZD2936), a PD-1/TIGIT bispecific antibody where the TIGIT component is derived from Compugen's clinical stage anti-TIGIT antibody, COM902, in Phase 3 development by AstraZeneca through a license agreement for the development of bispecific and multispecific antibodies. In addition, the Company's therapeutic pipeline of early-stage immuno-oncology programs consists of programs aiming to address various mechanisms of immune resistance, of which the most advanced program, COM503, is in IND enabling studies. COM503 is a potential first-in-class, high affinity antibody which blocks the interaction between IL-18 binding protein and IL-18, thereby freeing natural IL-18 in the tumor microenvironment to inhibit cancer growth. Compugen is headquartered in Israel, with offices in San Francisco, CA. Compugen's shares are listed on Nasdaq and the Tel Aviv Stock Exchange under the ticker symbol CGEN.
Yvonne Naughton, Ph.D.
Head of Investor Relations and Corporate Communications
Email: [email protected]
Tel: +1 (628) 241-0071
SOURCE Compugen Ltd.

21 %

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Frequently Asked Questions

What is the purpose of the conference call on December 19, 2023?

The call aims to discuss the exclusive license agreement with Gilead.

What is COM503 in Compugen's pipeline?

COM503 is a pre-clinical antibody targeting IL-18 binding protein to treat tumors.

How can I access the conference call?

Dial 1-866-744-5399 in the U.S., or +972-3-918-0644 internationally.

When will a replay of the conference call be available?

A replay will be accessible on Compugen's website after the live call.

What is Compugen's focus as a company?

Compugen specializes in developing cancer immunotherapies through computational discovery.

Last updated: Dec 19, 2023