NanoMab Technology Ltd and OncoBeta® GmbH sign Heads of Terms

Dr. Hong Hoi Ting, NanoMab’s CSO commented, “This is an important step for us in our development of cancer therapies. Ensuring that we have a global supply of Rhenium-188 is critical to our development plan and we are therefore delighted to be forming a partnership with such a high-quality company as OncoBeta.”

Nicholas H. Vetter, OncoBeta’s COO said, “we have been impressed with NanoMab’s ambitious programme to develop a range of radiopharmaceuticals for the treatment of a number of cancers. We’re delighted to work towards forming a partnership with NanoMab around the use of Rhenium-188 for further therapeutic purposes.”

For more information:

Paul Edwards. Tel: +44 (0)7771 575374

Email:  p.m.edwards@nano-mab.com

Richard Hayhurst/Janet Joy RHApr Tel: +44 (0)7711 821 527 richard@rhapr.eu or jan@rhapr.eu

NanoMab Technology Limited is a privately held biopharmaceutical company focusing on cancer precision therapies via the development of radiopharmaceuticals. Our goal is to develop a pipeline of theranostics with our proprietary camelid antibody platform to address the unmet medical need for cancer patients across the world. www.nano–mab.com

OncoBeta® GmbH with its headquarters located in the startup incubator gate Garching n. Munich, Germany, is a medical device and radiochemical company, specializing in the development and commercialization of state-of-the-art, innovative radioisotope therapies and products utilizing Rhenium-188. OncoBeta® offers an innovative Skin Cancer Therapy targeting non-melanoma skin cancers and produces Tungsten -188/Rhenium-188 (W/Re-188) Generators for commercial use. www.oncobeta.com

About gate – Garchinger Technologie- und Gründerzentrum

As a business incubator the gate is the first place to go to for high-tech-startups and is located on the research campus in Garching/Munich. More than 50 resident gate startups mainly appreciate the flexibly expandable offices in direct neigbourhood to the Technical University of Munich. In order to become mature entrepreneurs, the founders seek the local coach’s advice and can resort to a network of research and specialists.

Founders who have innovative ideas, especially within the range of CleanTech, Artificial Intelligence, Industry 4.0, MedTech, IT, Virtual & Augmented Reality or Robotics, meet passionate like-minded people at the gate.

Since it’s foundation in 2002, gate has supported more than 300 companies. This total package, subsidised by the Bavarian government, makes it „the gate to success for high-tech-startups“.