Invion selects Guilin Xingda for light-therapy manufacture
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Released
Announcement PDF
ASX ANNOUNCEMENT
INVION SELECTS GUILIN XINGDA TO MANUFACTURE
LIGHT-THERAPY MEDICAL EQUIPMENT
Highlights
•
Invion and China’s Guilin Xingda Photoelectric Medical Device Co. Ltd sign
supply deal for medical equipment for use in photodynamic cancer therapies
•
Invion currently developing IVX-PO2 for the treatment of a range of cancers
•
Xingda will develop and supply medical light sources for Invion’s programs in
skin, ovarian, prostate and lung cancer
Melbourne, Australia, 29 January 2019: Australian biotech Invion Limited (ASX: IVX) (“Invion”
or “the Company”) has engaged prominent Chinese specialist medical equipment maker
Guilin Xingda Photoelectric Medical Device Co. Ltd to manufacture and supply to Invion
medical equipment for Invion’s drug-and-light-therapy cancer treatments under
development.
Under the agreement, Guilin Xingda will manufacture and deliver medical light source
equipment ordered by Invion, including LED and laser devices.
The light sources are for use initially in pre-clinical and clinical studies of IVX-P02, a
photodynamic therapy under development by Invion for a range of cancers, including skin,
ovarian, prostate and lung cancer.
Photodynamic therapy (PDT) uses non-toxic photosensitisers (molecules that produce a
chemical change in another molecule in a photochemical process) and visible light in
combination with oxygen to produce a reaction that kills cancer cells, shuts down tumours
and stimulates the immune system.
Preclinical studies have shown that when administered IVX-PO2 is entirely inactive and
benign, but when activated by a targeted light source, IVX-PO2 becomes cytotoxic to
cancer cells.
Guilin Xingda is considered one of China’s foremost suppliers of medical light sources, with
manufacturing facilities located in the city of Guilin in China’s Guangxi region.
“We are very pleased to be working with Xingda for the manufacture and supply of light and
laser source devices to be used in Invion’s development of PDT treatments for a range of
cancers.”
“Multiple probes will be engineered to optimise the delivery of highly-specific light sources to
enable the activation of IVX-P02 in different cancer targets, including skin, ovarian, lung and
prostate cancers.
“These devices will then be tested for use in Invion’s clinical trials with the ultimate aim of
regulatory device approval.” Invion Chief Executive Dr Greg Collier said.
ENDS
Invion Limited ABN 76 094 730 417
722 High Street, East Kew, VIC 3102 Australia
P: +61 3 9081 6005 W: www.inviongroup.com
About Invion
Invion is a clinical-stage life-sciences company that holds the Australia and New Zealand
license to the PhotosoftTM technology for the treatment of all cancers. Research and clinical
trials are funded by the technology licensor, The Cho Group, which will provide non-dilutive
funding to the Company. Invion is listed on ASX (ASX: IVX).
About Photodynamic Therapy (PDT)
Invion is developing PhotosoftTM technology as an improved next generation Photodynamic
Therapy. PDT uses non-toxic photosensitisers and visible light in combination with oxygen to
produce cytotoxic-reactive oxygen that kills malignant cells, shuts down tumours and
stimulates the immune system. In contrast to surgery, or radiotherapy and chemotherapy
which are mostly immunosuppressive, PDT causes acute inflammation, expression of heatshock proteins, and invasion and infiltration of a tumour by leukocytes.
Investor enquiries
Managing Director & CEO, Dr Greg Collier
T: +61 3 9081 6005
E: investor@inviongroup.com
Invion Limited ABN 76 094 730 417
722 High Street, East Kew, VIC 3102 Australia
P: +61 3 9081 6005 W: www.inviongroup.com
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