On July 17, 2018 Advanced Proteome Therapeutics Corporation ("APC" or the "Company") (TSXV:APC) (FSE:0E8), is reported the collaboration of APC with Noria Pharmaceuticals Inc. in the rapidly growing field of antibody radioisotope conjugates (Press release, Advanced Proteome Therapeutics, JUL 17, 2018, View Source [SID1234530378]).

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APC will test its proprietary, site-selective, linker technology with Noria’s proprietary MacroPA radioisotope chelation technology in combination with antibodies known to preferentially target cancer cells. The scope of the current work will include investigations utilizing cell lines and animal studies.

Dr. Allen Krantz, CSO and Founder of APC commented, "APC’s linker technology represents a significant advance toward enabling the creation of a new generation of ADCs with superior potency and less toxicity. Our goal will be to extend the scope of our technology and make an important contribution to the emerging field of radioimmunotherapy that the company can capitalize on commercially."

Bill Dickie, President and CEO of APC added, "Radioimmunotherapy using alpha and beta emitting isotopes is an area of rapid development and investment. Major Pharma companies have made multi-billion-dollar acquisitions in the field and a number of emerging companies have benefitted from significant venture funding. Noria’s principals are radiopharmaceutical industry veterans who are demonstrating that they have best-in-class radioisotope chelation technology. APC is very pleased to be working with them."

Dr. Allan Green, President and CEO of Noria commented, "We are excited to extend our network of collaborators to include APC and look forward to working with them to create superior antibody-based therapies."