FierceBiotech Names GlobeImmune as One of the "Fierce 15" Biotech Companies of 2008
GlobeImmune Is "Fierce," on Leading Edge of Biotech
| Source: GlobeImmune, Inc.
LOUISVILLE, CO--(Marketwire - June 24, 2008) - FierceBiotech and GlobeImmune, Inc.
announced today that GlobeImmune has been named to the annual FierceBiotech
"Fierce 15" list, designating it as one of the top biotech companies of
2008. The editors of FierceBiotech evaluated hundreds of privately held
firms based on company vision, revenue potential, quality of deals,
strength of technology, partnerships, and competitive market position.
GlobeImmune was determined to be one of the "fiercest," proven by their
creativity and innovations in the industry.
An internationally recognized daily newsletter reaching more than 65,000
biotech and pharma industry professionals, FierceBiotech provides
subscribers with a quick authoritative briefing on the day's top stories,
with a special focus on drug discovery and clinical trials.
"This year will put everyone at GlobeImmune to a crucial test," said John
Carroll, Editor of FierceBiotech. "It has two therapies in the clinic,
unusual for any small biotech. But a major venture round last fall -- its
third -- has provided the biotech enough money to see if its drug platform
-- engineering a T-cell attack on diseased cells -- can produce the kind of
definitive data that will validate the approach."
GlobeImmune is a private Colorado-based company developing active
immunotherapies called Tarmogens for the treatment of cancer and infectious
diseases. The Company's lead infectious disease product candidate,
GI-5005, is a Tarmogen being developed for the treatment of chronic
hepatitis C infection. The Company has completed enrollment of a
randomized phase 2 trial of GI-5005 in combination with the current
standard of care. GI-5005 is designed to complement both the current and
emerging standard of care for hepatitis C infection through the elimination
of chronically infected cells. The Company's lead oncology product,
GI-4000, is designed to be a treatment for cancers of the lung and
gastrointestinal tract that are driven by mutations in the Ras oncogene. A
randomized, placebo-controlled phase 2 trial in patients with resectable
pancreatic cancer in combination with adjuvant gemcitabine is ongoing.
Additionally, a phase 2 trial in
non-small cell lung cancer is ongoing at Memorial Sloan Kettering Cancer
Center.
"Being selected as a member of the 'Fierce 15' is an honor that highlights
GlobeImmune's potential to make a significant impact in the biotech
market," said Jeff Rona, GlobeImmune's Chief Business Officer
The "Fierce 15" celebrates the spirit of being "fierce" -- championing
innovation and creativity, even in the face of intense competition. The
complete list of "Fierce 15" companies is available in today's issue of
FierceBiotech and on the FierceBiotech Web site at www.fiercebiotech.com.
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