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Isogenica enters into a research and licence option agreement with
UCB |
Cambridge, UK, 6 November 2006: Isogenica Ltd today announced that it
had entered into a research and licence option agreement with UCB for the
discovery of novel peptide ligands which UCB intends to incorporate into
therapeutic products.
Under the terms of the agreement, Isogenica will use its CIS display technology
to select peptide ligands to an undisclosed target to be provided by UCB. UCB
will then have an option to advance into clinical development any product that
contains a peptide ligand discovered during the collaboration.
Isogenica's CIS display technology provides a novel and effective means of
rapidly identifying peptides that bind with high affinity and specificity to any
given molecular target. The technology can also be used for enhancing the in
vivo performance of peptide therapeutic and diagnostic products.
"We look forward to building a strong and fruitful relationship with UCB and in
assisting them with their therapeutic discovery activities" said Dr. Kevin
FitzGerald, Isogenica's CEO. "We believe that peptides, and especially those
discovered and matured for enhanced in vivo performance using CIS display
technology, represent a very rich source of compounds for therapeutic and other
in vivo applications."
"As a biopharmaceutical leader, UCB is committed to continuously enhancing its
drug development," commented Neil Weir, Vice President, Research, UCB. "UCB is
looking forward to working in close collaboration with Isogenica. The CIS
display technology will provide UCB with a valuable source of novel peptides
which have been selected to meet specific criteria for in vivo applications".
The parties have agreed not to disclose any further details of the research and
licence option agreement.
- Ends -
Contact details:
Isogenica Ltd
Kevin FitzGerald, PhD MBA
+44 (0) 1223 496720
kevin.fitzgerald@isogenica.com
Northbank Communications
Katja Stout/Gemma Bradley
Tel : +44 (0)20 7886 7555
E-mail: g.bradley@northbankcommunications.com
Notes to editors
About Isogenica
Isogenica was formed in December 2000 to develop and commercialize innovative in
vitro molecular evolution technologies. The company has its research facility at
the Babraham Research Campus, Cambridge UK.
Isogenica's core technology, CIS display, can be applied to the discovery of new
antibody, peptide and polypeptide drug candidates, to the discovery of high
specificity diagnostic compounds and to the isolation of target validation and
other research reagents, purification reagents and environmental detection
reagents.
About UCB
UCB ( www.ucb-group.com ) is a leading
global biopharmaceutical company dedicated to the research, development and
commercialisation of innovative pharmaceutical and biotechnology products in the
fields of central nervous system disorders, allergy/respiratory diseases, immune
and inflammatory disorders and oncology - UCB focuses on securing a leading
position in severe disease categories. Employing over 8,300 people in 40
countries, UCB achieved revenue of 2.3 billion euro in 2005. UCB is listed on
the Euronext Brussels Exchange.
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