BioWa Announces Second Japanese License of POTELLIGENT(R) Technology to Otsuka Pharmaceutical

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Mon Oct 5, 2009 5:00pm EDT

BioWa Announces Second Japanese License of POTELLIGENT(R) Technology to Otsuka
Pharmaceutical







PRINCETON, N.J., Oct. 5 /PRNewswire/ -- BioWa, Inc. announced today that it
has entered into an agreement with Otsuka Pharmaceutical Co. Ltd. (Otsuka) to
provide Otsuka with access to BioWa's POTELLIGENT® Technology platform for the
research, development and commercialization of their antibody therapeutics
with enhanced antibody-dependent cellular cytotoxicity (ADCC).  BioWa's first
Japanese pharmaceutical POTELLIGENT® License was initiated in May, 2007 with
Takeda Pharmaceutical Company Limited. 


"We are delighted about our partnership with Otsuka, a global healthcare
company with a strong tradition in molecular discovery," commented Dr.
Masamichi Koike, BioWa's President and CEO. "We are pleased to be in a
position to augment Otsuka's impressive pipeline." 


Under the terms of the license agreement, BioWa grants Otsuka non-exclusive
rights to research, develop and commercialize therapeutic antibodies generated
through POTELLIGENT® Technology for an undisclosed number of targets.  In
return, BioWa will receive an upfront payment, development milestone payments
and royalties on products.  Other details of the agreement are not disclosed.


About POTELLIGENT® Technology 
POTELLIGENT® Technology improves potency and efficacy of antibody
therapeutics, by enhancing ADCC, one of the major mechanisms of action for
antibody therapeutics.  POTELLIGENT® Technology involves the reduction of the
amount of fucose in the carbohydrate structure of an antibody using a
proprietary fucosyltransferase-knockout CHO cell line as a production cell. 
Research shows that POTELLIGENT® Technology dramatically enhances ADCC
activity of an antibody in vitro, and significantly increases potency and
efficacy of the antibody in vivo.  A number of POTELLIGENT® antibodies are
being investigated in human clinical trials.


About BioWa, Inc.
BioWa is a wholly owned subsidiary of Kyowa Hakko Kirin Co., Ltd., Japan's
leading pharmaceutical and largest biotech company, and is the exclusive
worldwide licensor of AccretaMab(TM) platform.  AccretaMab(TM) platform
consists of POTELLIGENT® and COMPLEGENT(TM) Technologies, creating a superior
antibody molecule with enhanced ADCC and CDC activities.  BioWa is offering
POTELLIGENT® and COMPLEGENT(TM) Technologies to partners under a license to
maximize the value of these technologies.  Together with Kyowa Hakko Kirin,
BioWa is committed to promote ADCC/CDC enhanced monoclonal antibody-based
therapeutics to fight cancer and other life-threatening and debilitating
diseases.  For more information about BioWa, visit its web site at
www.biowa.com.


POTELLIGENT®, COMPLEGENT(TM), and AccretaMab(TM) are the trademarks of Kyowa
Hakko Kirin Co., Ltd.  All rights are reserved.




SOURCE  BioWa, Inc.

Masamichi Koike, Ph.D., President and CEO, BioWa, Inc., +1-609-580-7500
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