Key Facts
Drug Development
Business Strategy
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Key Facts
Stock Information

Exchange: NASDAQ, Ticker Symbol: MITI

Business

Research and development of novel antibody-based therapeutics

Markets

Cancer, inflammation, autoimmune diseases

Drug Pipeline
Robust development pipeline, with 5 product candidates in clinical trials
Lead product candidate blinatumomab (MT103), a BiTE antibody targeting CD19, has demonstrated clinically meaningful single-agent activity in patients with acute lymphoblastic leukemia (ALL) and non-Hodgkin's lymphoma (NHL).  The Company plans to initiate a European pivotal trial in adult ALL in mid-2010.  A phase 1 trial in NHL is on-going.
MT110, a BiTE antibody targeting EpCAM, is currently the subject of a Phase 1 clinical trial in patients with solid tumors.  Potent anti-tumor activity has been observed with MT110 in various preclinical in vivo models.
Technologies
BiTE®
BiTE® molecules are designed to direct the body´s cytotoxic, or cell-destroying, T cells against tumor cells and represent a new therapeutic approach to cancer therapy.
SCA (single-chain antibodies)
SCAs are small antibody fragments, which are cost-effective to produce and extremely versatile for protein engineering. They provide an ideal structural basis for the development of novel drug formats as exemplified by their use in BiTE® drugs.
Partners

Micromet has collaborations with a number of leading pharmaceutical and biotechnology companies, including sanofi-aventis, Bayer Schering Pharma, Merck-Serono, MedImmune, Inc., and Nycomed.

Staff

118 full-time employees as of December 31, 2009

Management

Christian Itin, PhD, President, Chief Executive Officer and Director

Barclay Phillips, Senior Vice President and Chief Financial Officer

Patrick A. Baeuerle, PhD, Professor for Immunology, Senior Vice President and Chief Scientific Officer

Jan Fagerberg, M.D., Senior Vice President and Chief Medical Officer
Jens Hennecke, PhD, Senior Vice President Business Development
Mark Reisenauer, Senior Vice President and Chief Commercial Officer
Matthias Alder, LL.M, Senior Vice President, General Counsel and Secretary
Locations

Bethesda, Maryland (Corporate Headquarters)
Munich, Germany (R&D Facility)
History
Micromet AG was founded in 1993 as spin-off from the Institute for Immunology, Munich University, Germany
In May 2006, Micromet AG merged with CancerVax Corporation (formerly NASDAQ: CNVX) to form Micromet, Inc. (NASDAQ: MITI).
 
   
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