Targeted Genetics' Collaborators Present Preclinical Data in Huntington's Disease and AAV Expression of Large Proteins at the 8t

Date : 06/02/2005 @ 11:08AM
Source : PR Newswire
Stock : Targeted Genetics (MM) (TGEN)
Quote : 0.66  -0.04 (-5.71%) @ 4:42PM
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Targeted Genetics' Collaborators Present Preclinical Data in Huntington's Disease and AAV Expression of Large Proteins at the 8t

Targeted Genetics' Collaborators Present Preclinical Data in Huntington's Disease and AAV Expression of Large Proteins at the 8th Annual Meeting of the American Society of Gene Therapy Presentations Demonstrate Broad Potential of Company's AAV Technology

ST. LOUIS and SEATTLE, June 2 /PRNewswire-FirstCall/ -- Targeted Genetics Corporation (NASDAQ:TGEN) announces that its academic collaborators will present results of preclinical studies of adeno-associated virus (AAV) vectors in models of Huntington's disease (HD) and for expression of large proteins today in two sessions during the 8th Annual Meeting of the American Society of Gene Therapy in St. Louis, MO. These presentations underscore the potential therapeutic utility of AAV vectors.

Dr. Beverly Davidson of the University of Iowa will present encouraging preclinical results from a study of a potential treatment of HD in an oral abstract session for neurodegenerative diseases titled, "AAV-Delivered RNAi Improves Cellular and Motor Phenotypes in a Mouse Model for Huntington's Disease (Abstract #52)." Dr. Davidson is an academic collaborator of Sirna Therapeutics (NASDAQ:RNAI), Targeted Genetics' partner for the development of novel AAV-based HD therapies. Results demonstrate that RNA interference (RNAi) therapy may have a beneficial impact on the symptoms and progression of HD. In the study, AAV vectors were used to deliver DNA sequences encoding short interfering RNAs (siRNA) by direct injection into the brains of mice with HD.

The studies were conducted using AAV serotype 1 (AAV1) vectors. AAV1 vectors may enter cells in the neurological system more effectively than vectors based on other serotypes.

In a separate poster presentation, Dr. John Engelhardt, Professor, Department of Anatomy and Cell Biology at the University of Iowa Carver College of Medicine and Director for the UI Center for Gene Therapy, will present Abstract #116, titled, "Functional Comparison of Four CFTR rAAV Vectors with Alternative Transcriptional Elements in Cell Lines and Polarized Human CF Airway Epithelia." In this study, different regulatory elements within AAV serotype 2 vectors were compared to determine their ability to support expression of delivered genes. This study demonstrates that AAV vectors may be optimized based on the size of the delivered gene.

"Today's presentations highlight the growing body of data supporting the broad utility of our AAV vector technology in the treatment of important diseases," said H. Stewart Parker, President and Chief Executive Officer of Targeted Genetics. "We are very excited to be working in partnership with top researchers from the University of Iowa toward the development of an siRNA-based therapeutic for Huntington's disease, and the potential expansion of our technology platform to support novel approaches to treating a variety of diseases.

For more information about the 8th Annual Meeting of the American Society of Gene Therapy, please refer to http://www.asgt.org/.

About Targeted Genetics

Targeted Genetics Corporation develops molecular medicines for the prevention and treatment of acquired and inherited diseases. The Company has clinical product development programs targeting AIDS prophylaxis and inflammatory arthritis. The Company also has a promising pipeline of preclinical product development programs focused on hyperlipidemia, congestive heart failure, and Huntington's disease. For more information about Targeted Genetics, visit its website at http://www.targetedgenetics.com/.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:

This release contains forward-looking statements regarding our intellectual property, research programs and clinical trials, our product development and our potential development platforms including AAV vectors and other statements about our plans, objectives, intentions and expectations. In particular, the statements regarding the Company's pipeline and potential application of this patent to any future product candidates are forward-looking statements. These statements, involve current expectations, forecasts of future events and other statements that are not historical facts. Inaccurate assumptions and known and unknown risks and uncertainties can affect the accuracy of forward-looking statements. Factors that could affect our actual results include, but are not limited to, results of animal research are not necessarily indicative of results in humans, the timing, nature and results of our research, potential development of alternative technologies or more effective products by competitors, our ability to obtain and maintain regulatory or institutional approvals, our ability to obtain, maintain and protect our intellectual property and our ability to raise capital when needed, as well as other risk factors described in the section entitled "Factors Affecting Our Operating Results, Our Business and Our Stock Price" in our Quarterly Report on Form 10-Q for the period ended March 31, 2005. You should not rely unduly on these forward-looking statements, which apply only as of the date of this release. We undertake no duty to publicly announce or report revisions to these statements as new information becomes available that may change our expectations.

CONTACT: Stacie D. Byars, Director, Communications of Targeted Genetics Corporation, +1-206-521-7392.

DATASOURCE: Targeted Genetics Corporation

CONTACT: Stacie D. Byars, Director, Communications of Targeted Genetics

Corporation, +1-206-521-7392

Web site: http://www.asgt.org/

Web site: http://www.targetedgenetics.com/

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