Skrr Exploration, Inc.TSXV: SKRR

Phase 2a results in ovarian cancer reported by Biomira's commercialization partner Prima BioMed

· Issued by Skrr Exploration, Inc. via CNW
EDMONTON, May 16 /CNW/ - Biomira Inc. (Nasdaq:BIOM) (TSX:BRA) today
announced its commercialization partner, Prima BioMed (ASX: PRR), reported
favorable results in its CVac(TM) ongoing phase 2a clinical trial in ovarian
cancer. A second analysis of data made available to Prima BioMed's Scientific
Advisory Panel (SAP) indicated that so far 21 per cent of patients in the
trial had achieved either a clinical response to treatment or stabilization of
their disease. Patients in the overall study are late stage progressive
ovarian cancer patients with no therapeutic alternative. Fifteen per cent of
patients having achieved either a clinical response to treatment or
stabilization of their disease in the trial's patient population, for whom
standard therapies provide minimal benefit, is considered a benchmark response
rate to demonstrate that a therapy has sufficient activity to warrant its
progression to a comparative clinical trial.
The primary objective of the trial is to determine whether CVac(TM), a
cancer immunotherapy, can produce clinical responses or stabilization of
ovarian cancer, as determined by monitoring the blood marker, CA125, a well
recognized tumour marker of disease activity. Twenty-eight ovarian cancer
patients were recruited to the trial, all of whom had previously failed other
forms of therapy and were assessed as having progressive disease by increases
in CA125 levels. Twenty-one of these patients went on to complete the
requisite dosing (three injections) of CVac(TM) to qualify for inclusion in
the study.
The purpose of this analysis is to update the trial's SAP on safety and
CA125 trends. Data included in this analysis were from patients who had
received at least three injections of CVac(TM). This criterion excluded seven
patients (of the 28 enrolled) who were withdrawn from the study before having
received three injections. The results of 19 patients who had received the
minimum of three doses were reviewed by the SAP and the data for a further two
patients is yet to be analyzed. As a continuation of the second analysis, the
SAP plans to review the patients' cellular immune response. This review is
planned for June 2006.

Biomira/Prima BioMed Agreement
The agreement, originally negotiated with CancerVac, a wholly-owned
subsidiary of Prima BioMed, provides that Biomira has the sole option to elect
to either license the exclusive worldwide commercialization rights (excluding
Asia, Australia and New Zealand) or only the North American region for this
product candidate, following conclusion of the phase 2a trial in ovarian
cancer, or Biomira has an option to simply license our technology to Prima
BioMed. Such election is to be made by Biomira following Biomira's review of
the phase 2a clinical trial data. Biomira has a 1.62 per cent equity stake in
Prima BioMed.
Biomira plans to meet with some clinical experts and the Principal
Investigator on the trial, Dr. Paul Mitchell, and discuss the results with
Prima BioMed management, once all of the data is available. Depending on the
outcome of that review, the Company would then convene a gynecological
advisory board in the summer of 2006 to discuss the potential for moving
forward.
Prima BioMed expects to complete the trial in the fourth quarter of 2006.
For additional information, please refer to Prima BioMed's press release at
www.primabiomed.com.au.

Biomira
Biomira is a biotechnology company specializing in the development of
innovative therapeutic approaches to cancer management. Biomira's commitment
to the treatment of cancer currently focuses on the development of synthetic
vaccines and novel strategies for cancer immunotherapy. We are The Cancer
Vaccine People(TM).

About Prima BioMed Ltd
Prima BioMed (ASX: PRR) is a biotechnology company based in Melbourne,
Australia and is developing technologies in the fields of immunology and
cancer immunotherapy originating from the Austin Research Institute in
Melbourne now merged with the Burnet Institute. For further information, visit
www.primabiomed.com.au.

About CVac(TM)
CVac(TM) is an experimental therapy consisting of a patient's own
dendritic cells primed with a tumour antigen and adjuvant, MFP (see below)
currently being investigated in clinical trials. Access to CVac(TM) is limited
to those patients already enrolled in the phase 2a ovarian cancer clinical
trial. CVac(TM) is not available for non-trial patients. Timeframes for
commencement of further clinical trials of CVac(TM) are still to be finalized.

CVac(TM) Clinical Study Design
The open label phase 2a trial enrolled 28 women with ovarian cancer who
have no options for curative therapy, have a rising CA125 level defined by an
increase of at least 25 per cent from a baseline reading within one month and
a life expectancy of at least 6 months. Patients receive 3 injections of
CVac(TM) at one-monthly intervals, followed by up to 4 injections of CVac(TM)
at 10-weekly intervals. To be eligible for analysis in the final trial report,
patients must receive a minimum of 3 injections of CVac(TM). The primary
endpoint of the trial is the level of the blood marker CA125, with patients
classed as major or minor responders, disease stabilization or disease
progression. Secondary endpoints include disease progression-free survival,
immune responses to CVac(TM) and safety.

About MFP
MFP stands for 'mannan fusion protein' and refers to the form in which
the target protein of the CVac(TM) immunotherapy is presented to the immune
system. The mannan used is a chain of mannose molecules that is oxidized and
linked to the cancer protein (mucin-1). Mannan stimulates the immune system
and it is the mannan that results in rapid uptake of mucin-1 into the
dendritic cells of the immune system via the mannose receptor on the cell
surface. Once the MFP is inside the dendritic cell, enzymes digest the mucin-1
and fragments of mucin-1 are presented on the dendritic cell surface. This
presentation results in stimulation of certain cells of the immune system to
target mucin-1 on the surface of the cancer cells.
MFP causes an immune response to mucin-1, which is a protein highly
expressed on tumour cells. Mucin-1 is expressed on a number of different
cancers, including renal, ovarian, prostate, lung, breast and colon.

Except for historical information contained herein, this release contains
forward-looking statements that are subject to risks and uncertainties that
may cause actual results to differ materially from the results discussed in
the forward-looking statements, particularly the process of discovering,
developing and commercializing drugs that are safe and effective for use as
human therapeutics. Factors that may cause such a difference include the risk
that additional trials may not demonstrate the safety and efficacy required to
satisfy the regulatory authorities; and dependence on the efforts of third
parties, including suppliers and collaborators, dependence on intellectual
property rights and the effectiveness thereof. The Company assumes no
obligation to update any forward-looking statements.