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CRESSET BIOMOLECULAR DISCOVERY LAUNCH A NOVEL IN SILICO LEAD-FINDING TECHNOLOGY FOR MEDICINAL CHEMISTRY

Hertfordshire, UK, 9 December 2004 – Cresset BioMolecular Discovery Ltd (Cresset BMD), a drug discovery technology company has announced today the launch of FieldScreen™, its novel proprietary lead-finding and series-switching technology which can accelerate the selection of leads for targets based on molecular fields rather than traditional molecular structure.

FieldScreen™ is a powerful tool that allows users to search through in-house and commercially available compound libraries to select arrays of compounds with diverse structures but the same biological function. This can be a laborious process for companies in early stage drug development, but FieldScreen™ can accomplish the task in a fraction of the time. What makes FieldScreen™ unique is that this hit selection is accomplished by an analysis of the molecular field around the compound and not the molecular structure itself.

Cresset’s Founder and CSO, Dr Andy Vinter, commented:

“Cresset's Field technology redefines the way medicinal chemists look at molecular structures. Already we have had a lot of interest and three major pharmaceutical companies are evaluating the software.”

Cresset’s field technology defines why two structurally different drug molecules can have the same therapeutic effect. If these two compounds bind to the same region of a protein, their ‘outer skins' must be similar despite their structural differences. This is not a new observation but, until now, it has been impossible to characterise the ‘skin’ precisely in a workable application. Cresset has solved this problem by creating accurate fields around a molecule (the ‘skin’) by improving the underlying science behind their generation.

Cresset’s FieldScreen™ is the first validated field analysis software application for candidate selection. The software has already demonstrated its ability to find completely novel hits from screening just a few hundred compounds rather than hundreds of thousands. Successful collaborations have replaced peptides with non-peptide and steroid with non-steroid leads, as well as finding novel leads starting from known ‘drug-like’ molecules

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NOTES FOR EDITORS

1. About Cresset BioMolecular Discovery Ltd – www.cresset-bmd.com 


Cresset BioMolecular Discovery Ltd. is a drug discovery technology company based in Letchworth, Hertfordshire. Founded in November 2001, the Company has pioneered the use of in silico applications for the analysis of molecular fields rather than structures in candidate selection for drug discovery. Cresset undertakes fee-for-service projects and collaborations with shared IP and includes six Big Pharmaceutical companies including AstraZeneca, Novartis and GlaxoSmithKline and ten biotechnology companies among its customers. The Company also markets its proprietary Fieldscreen™ software, a candidate selection technology that rapidly identifies diverse drug like compounds with the same biological effects.

2. About FieldScreen™

FieldScreen™ is a software application that accomplishes rapid candidate selection based on molecular fields derived from the underlying proprietary molecular mechanics force field, XED, of druglike compounds. This approach was originally developed to improve the handling of pi-pi stacking in aromatic systems and has been used and validated for the prediction of biological function in druglike compounds for over ten years. FieldScreen™ is the first effective software application that can rapidly analyse libraries of diverse drug-like compounds to select those with similar biological function. The technology works by analysing and displaying the electrostatic, steric and hydrophobic fields around molecules and identifying key binding regions. This can then be used to hypothesise the bound conformation of a ligand in the absence of an X-ray structure. The method has been widely validated against GPCR targets where the lack of an X-ray structure of the target severely limits the computational methods (e.g. docking) that can be used effectively to find new hits. It is worth noting that over 40% of current drug targets are GPCRs. Two patents have been filed to protect the FieldScreen™ technology.


Further enquiries:

Northbank Communications Ltd


Dr Douglas Pretsell or Sue Charles

Tel: +44 (0)20 7886 8150

d.pretsell@northbankcommunications.com

s.charles@northbankcommunications.com


Cresset BioMolecular Discovery Ltd

Dr Sally Rose

Tel: 01462 476 320
s.rose@cresset-bmd.com






 

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