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anges mg inc (4563) Details

AnGes MG, Inc., a biopharmaceutical company, is engaged in the research and development, and practical application of genetic medicines. The company is primarily developing Hepatocy growth factor (HGF) genetic medicine, which improves blood circulation by regenerating blood vessels. Its products pipeline includes Collategene for the treatment of peripheral arterial diseases, ischemic heart diseases, Parkinson’s disease, and lymphedema; NFkB decoy oligonucleotide for the treatment of atopic dermatitis and disc degeneration; NFkB decoy oligonucleotide coated PTA balloon catheter for the prevention of vascular restenosis; and CUREPEPTIN functional peptides for the treatment of wounds. The company also provides Naglazyme for the treatment of mucopolysaccharidosis; and CIN therapeutic vaccine for cervical cancer. It has strategic alliances with Daiichi Sankyo Company, Limited for the development of HGF genetic medicine in the fields of peripheral arterial disease and Ischemic heart disease; with Vical, Inc. for the development of Allovectin; and with BioLeaders Corporation for the development of therapeutic vaccine for cervical intraepithelial neoplasia. The company was formerly known as MedGene Bioscience Co., Ltd. and changed its name to AnGes MG, Inc. in October 2001. AnGes MG, Inc. was founded in 1999 and is headquartered in Ibaraki, Japan.

47 Employees
Last Reported Date: 03/30/15
Founded in 1999

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anges mg inc (4563) Key Developments

AnGes MG, Inc. Obtains Results in Initial Equine Study for Ebola Polyclonal Antibody Therapy Using DNA Vaccine Technology

AnGes MG, Inc. announced that it has obtained positive results in an initial equine study for polyclonal antibodies as a treatment for the E bola virus utilizing gene therapy technology. As announced on January 14, 2015, AnGes initiated the development of therapeutic equine polyclonal antibodies for the Ebola virus using DNA vaccine technology in Japan. Antibodies from horses immunized with the DNA vaccine encoding the Ebola virus glycoprotein antigen will be isolated and purified then developed to treat the Ebola virus in humans. AnGes started an initial study in March 2015 to examine the antibody productions of throroughbred horses injected with the DNA vaccine. The study verified the antibody titers against Ebola glycoprotein in equine serum after injections of the DNA vaccine. The results showed a significant increase in the antibody titers against E bola glycoprotein. Following the results of the initial study, AnGes will prepare a development plan aimed at an early realization of therapeutic equine polyclonal antibodies for the Ebola virus. 2 Equine Polyclonal Antibody Therapy for E bola Virus Using DNA Vaccine Technology The therapeutic equine polyclonal antibodies developed by AnGes utilizes DNA vaccine encoding the Ebola virus glycoprotein antigen. Antibodies from horses immunized with the DNA vaccine will be isolated and purified, then developed to treat the Ebola virus in humans. DNA vaccine technology enables AnGes to produce the polyclonal antibodies quickly and safely, as there will be no need to handle the highly pathogenic virus. AnGes believes the therapeutic equine polyclonal antibodies will be a suitable treatment for the Ebola virus, which requires emergency measures. AnGes has signed an agreement with Vical Incorporated regarding Vical's DNA vaccine technology, for the rights to exclusively develop and commercialize the equine polyclonal antibody therapy in Japan.

AnGes MG, Inc. Reports Unaudited Consolidated Financial Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Fiscal Year Ending Dec. 31, 2015

AnGes MG, Inc. reported unaudited consolidated financial results for the first quarter ended March 31, 2015. The company's revenue was ¥81 million compared to ¥82 million a year ago. Operating loss was ¥960 million compared to ¥476 million a year ago. Net loss was ¥883 million compared to ¥438 million a year ago. Net loss per share was ¥16.51 compared to ¥14.04 million a year ago. Loss before income taxes and minority interests was ¥880,731 million compared to ¥436,608 million a year ago. For the fiscal year ending Dec. 31, 2015, the company expects revenue of ¥450 million, operating loss of ¥5,800 million, ordinary loss of ¥5,800 million, net loss of ¥5,800 million or ¥108.32 per share.

AnGes MG, Inc. to Report Q1, 2015 Results on Apr 27, 2015

AnGes MG, Inc. announced that they will report Q1, 2015 results on Apr 27, 2015

 

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