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Immunomedics to Present at American Society of Hematology 48th Annual Meeting

    MORRIS PLAINS, N.J., Dec. 4 /PRNewswire-FirstCall/ -- Immunomedics,
Inc. (Nasdaq: IMMU), a leading biopharmaceutical company focused on
developing monoclonal antibodies, today announced that four presentations
will be given at the 48th Annual Meeting of the American Society of
Hematology (ASH), scheduled for December 9 - 12, 2006, in Orlando, Florida.
The schedule and meeting places for the poster sessions, together with the
abstract and board numbers are listed below:
    * "Rituximab-Relapsing Patients with Non-Hodgkin' Lymphoma Respond Even at
       Lower Doses of Humanized Anti-CD20 Antibody, IMMU-106 (hA20): Phase
       I/II Results" [Abstract No. 2719, Poster Session: Novel and Targeted
       Therapy of Non-Hodgkin Disease (NHL), Sunday, December 10, 9:00 a.m. -
       8:00 p.m., Board #897-II, Hall E1]

    * "Multivalent Anti-CD20/Anti-CD22 Bispecific Antibody Fusion Proteins
       Made by the DNL Method Show Potent Lymphoma Cytotoxicity" [Abstract No.
       2495, Poster Session: Lymphoma: Pre-clinical - Chemotherapy and
       Biologic Agents I, Sunday, December 10, 9:00 a.m. - 8:00 p.m., Board
       #673-II, Hall E1]

    * "Recombinant Bispecific Monoclonal Antibody (bsMAb) against CD20 and
       CD22 Active In Vitro and In Vivo Against B-Cell Lymphomas" [Abstract
       No. 2581, Poster Session: Lymphoma: Pre-Clinical - Chemotherapy and
       Biologic Agents II, Sunday, December 10, 9:00 a.m. - 8:00 p.m., Board
       #699-II, Hall E1]

    * "Effective Targeting of Leukemic Cells in Children with B-Precursor
       Acute Lymphoblastic Leukemia Treated with Anti-CD22 (Epratuzumab). A
       Children's Oncology Group (COG) Study" [Abstract No. 2585, Poster
       Session: Molecular Pharmacology, Drug Resistance II, Sunday, December
       10, 9:00 a.m. - 8:00 p.m., Board #763-II, Hall E1]

    About Immunomedics
    Immunomedics is a New Jersey-based biopharmaceutical company focused on
the development of monoclonal, antibody-based products for the targeted
treatment of cancer, autoimmune and other serious diseases. We have
developed a number of advanced proprietary technologies that allow us to
create humanized antibodies that can be used either alone in unlabeled or
"naked" form, or conjugated with radioactive isotopes, chemotherapeutics or
toxins, in each case to create highly targeted agents. Using these
technologies, we have built a pipeline of therapeutic product candidates
that utilize several different mechanisms of action. We have recently
licensed our lead product candidate, epratuzumab, to UCB, S.A. for the
treatment of all autoimmune disease indications worldwide. We have retained
the rights for epratuzumab in oncology indications for which UCB has been
granted a buy-in option. UCB has development, manufacture and
commercialization rights, and is responsible for all clinical trials
evaluating epratuzumab for the treatment of patients with moderate and
severe lupus. At present, there is no cure for lupus and no new lupus drug
has been approved in the U.S. in the last 40 years. We believe that our
portfolio of intellectual property, which includes approximately 108
patents issued in the United States, and more than 250 other issued patents
worldwide, protects our product candidates and technologies. We also have a
majority ownership in IBC Pharmaceuticals, Inc., which is developing a
novel dock and lock methodology, and a new method of delivering imaging and
therapeutic agents selectively to disease, especially different solid
cancers (colorectal, lung, pancreas, etc.), by proprietary, antibody-based,
pretargeting methods. Visit our web site at http://www.immunomedics.com.
    This release, in addition to historical information, may contain
forward-looking statements made pursuant to the Private Securities
Litigation Reform Act of 1995. Such statements, including statements
regarding clinical trials, out-licensing arrangements (including the timing
and amount of contingent payments), and capital raising activities, involve
significant risks and uncertainties and actual results could differ
materially from those expressed or implied herein. Factors that could cause
such differences include, but are not limited to, risks associated with new
product development (including clinical trials outcome and regulatory
requirements/actions), competitive risks to marketed products and
availability of required financing and other sources of funds on acceptable
terms, if at all, as well as the risks discussed in the Company's filings
with the Securities and Exchange Commission. The Company is not under any
obligation, and the Company expressly disclaims any obligation, to update
or alter any forward-looking statements, whether as a result of new
information, future events or otherwise.
    For More Information:
    Dr. Chau Cheng
    Associate Director, Investor Relations & Business Analysis
    (973) 605-8200, extension 123
    ccheng@immunomedics.com


SOURCE Immunomedics, Inc.




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Related links:
  • http://www.immunomedics.com/
  • http://www.prnewswire.com/comp/113121.html/
    CONTACT:
    Dr. Chau Cheng, Associate Director, Investor
    Relations & Business Analysis, +1-973-605-8200, extension 123,
    ccheng@immunomedics.com