Neon Therapeutics Congratulates Founder James P. Allison, Ph.D., for 2018 Nobel Prize in Physiology or Medicine

October 1, 2018 at 9:47 AM EDT

Award Recognizes Achievements in Cancer Immunotherapy

CAMBRIDGE, Mass., Oct. 01, 2018 (GLOBE NEWSWIRE) -- Neon Therapeutics, Inc. (Nasdaq: NTGN), a clinical-stage immuno-oncology company developing neoantigen-based therapeutics, today congratulates James P. Allison, Ph.D., one of its scientific founders, for being awarded the 2018 Nobel Prize in Physiology or Medicine for his work in the discovery of cancer therapy by inhibition of negative immune regulation.

“We are especially proud to have Jim recognized for his transformational contribution to science and to patients battling cancer. His advances in the field of immunotherapy are fundamentally changing the way doctors manage cancer treatment,” said Hugh O’Dowd, president and chief executive officer of Neon Therapeutics. “We’re glad to be working alongside Jim to develop the next generation of immunotherapy by using personal and precision vaccines and T cell therapies to direct T cells directly toward a patient’s tumors.”

Dr. Allison is professor and chair of The University of Texas MD Anderson Cancer Center Department of Immunology in the division of basic science research. He directs MD Anderson’s Immunology Platform and is deputy director of the David H. Koch Center for Applied Research in Genitourinary Cancers, Department of Genitourinary Medical Oncology – Research. He also is a Howard Hughes Medical Institute investigator. He shares the 2018 Nobel Prize with Tasuku Honjo of Japan, a professor at Kyoto University.

“This is a well-deserved honor, and the entire Neon Therapeutics team is thrilled to congratulate our colleague, Jim Allison,” O’Dowd said.

About Neon Therapeutics

Neon Therapeutics is a clinical-stage immuno-oncology company and a leader in the field of neoantigen-targeted therapies, dedicated to transforming the treatment of cancer by directing the immune system towards neoantigens. Neon is using its neoantigen platform to develop both vaccine and T cell therapies, including NEO-PV-01, a clinical stage neoantigen vaccine for the treatment of metastatic melanoma, non-small cell lung cancer, and bladder cancer; NEO-PTC-01, a neoantigen T cell therapy for the treatment of solid tumors; and NEO-SV-01, a neoantigen vaccine for the treatment of a subset of estrogen-receptor-positive breast cancer.

For more information, please visit www.neontherapeutics.com.

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Source: Neon Therapeutics, Inc.