Copyright © Inderes 2011 - present. All rights reserved.
  • Latest
  • Markets
    • Stock Comparison
    • Financial Calendar
    • Dividends Calendar
    • Research
    • Articles
  • inderesTV
  • Portfolio
  • Forum
  • Q&A
  • About Us
    • Our Coverage
    • Team
Press release

Sprint Bioscience’s NIMA program is focused on the target protein NNMT and will be launched at the BIO International convention

Sprint Bioscience

Sprint Bioscience today announces that the NIMA program is focused on developing a precision medicine treatment that targets the protein Nicotinamide N-methyl transferase (NNMT). The program will be launched in connection with Sprint Bioscience participating in the pharmaceutical industry's largest annual partnering meeting, BIO International Convention, in San Diego, June 13-16, 2022.

The NNMT gene is overexpressed in multiple cancers and high levels of NNMT is linked to poor prognosis in several tumor types, including gastric cancer, ovarian cancer and glioblastoma. Glioblastoma, which is one of the most aggressive cancers, accounts for about 35 percent of all brain tumors and is thus one of the main challenges in today's cancer care. The median survival for patients with glioblastoma is approximately 12–14 months. Gastric cancer is the fifth most common cancer globally and the median survival for metastatic gastric cancer is only 15-17 weeks. Consequently, there is a large remaining unmet medical need for improved treatment alternatives for these indications.
 
“We are very pleased with the progress of the NIMA program, which entails a truly promising opportunity to develop a novel cancer treatment alternative. Our fragment-based drug development platform has enabled us once more to rapidly develop highly potent inhibitors of a novel target. We are very much looking forward to introducing the NIMA program to potential partners", said Martin Andersson, Chief Scientific Officer at Sprint Bioscience.
 
About the NNMT protein and cancer
The NNMT protein is upregulated in several cancers and is involved in various important processes in the survival of cancer cells at the interface between epigenetics, tumor metabolism and immunosuppression.

Upregulation of NNMT has been shown to promote tumor growth through epigenetic reprogramming of both cancer cells and stromal cell types in the tumor. Elevated NNMT have also been shown to affect cell metabolism, such as levels of S-adenosylmethionine (SAM) and biosynthesis of NADH. The product produced by NNMT, 1-methylnicotinamide (1MNA), is excreted by tumor cells and inactivates the function of immune cells in the tumor.

Studies have also shown that the ability of CAR-T cells to eliminate tumor cells is affected by 1MNA, which opens up for treatments where NNMT inhibitors can be used in combination with various types of immunotherapies, including cell therapies such as CAR-T. 

For further information, kindly contact:


Erik Kinnman, CEO, Sprint Bioscience
Tel: 08-411 44 55
E-mail: erik.kinnman@sprintbioscience.com

About Sprint Bioscience AB (publ)


Sprint Bioscience develops small-molecule first-in-class drug programs with a focus on oncology. Using fragment-based drug discovery, the company develops drug programs in a time- and resource-efficient way and then license them to global pharma companies during the preclinical phase. The company has successfully entered into several license agreements amounting to a potential value of USD 747 million in milestone payments as well as income from royalties on sales. The company is headquartered in Stockholm with laboratories in Huddinge. The Sprint Bioscience share is listed on the Nasdaq First North Premier Growth Market and is traded under the short name SPRINT. Further information is available on the company's website; www.sprintbioscience.com.
Certified Advisor is FNCA Sweden AB; +46 (0) 8 528 00 399, info@fnca.se, www.fnca.se.

Image Attachments


Sprint Bioscience Martin Andersson

Attachments


Sprint Bioscience’s NIMA program is focused on the target protein NNMT and will be launched at the BIO International convention

Find us on social media
  • Inderes Forum
  • Youtube
  • Instagram
  • Facebook
  • X (Twitter)
Get in touch
  • info@inderes.se
  • +46 8 411 43 80
  • Vattugatan 17, 5tr
    111 52 Stockholm
Inderes
  • About us
  • Our team
  • Careers
  • Inderes as an investment
  • Services for listed companies
Our platform
  • FAQ
  • Terms of service
  • Privacy policy
  • Disclaimer
Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.