Targeted Genetics' Collaborators Present Preclinical Data on AAV Technology and Inflammatory Disease at the 8th Annual Meeting o

Date : 06/03/2005 @ 8:00AM
Source : PR Newswire
Stock : Targeted Genetics (MM) (TGEN)
Quote : 0.4  0.01 (2.56%) @ 6:23PM
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Targeted Genetics' Collaborators Present Preclinical Data on AAV Technology and Inflammatory Disease at the 8th Annual Meeting o

Targeted Genetics' Collaborators Present Preclinical Data on AAV Technology and Inflammatory Disease at the 8th Annual Meeting of the American Society Of Gene Therapy

ST. LOUIS and SEATTLE, June 3 /PRNewswire-FirstCall/ -- Targeted Genetics Corporation (NASDAQ:TGEN) announces that its academic collaborators will present results of preclinical studies designed to evaluate adeno-associated virus (AAV) vectors in the treatment of inflammatory disease and periodontal disease and to assess cellular vectors that impact the efficiency of AAV- mediated gene delivery. The data will be presented in four abstracts at the 8th Annual Meeting of the American Society of Gene Therapy in St. Louis, MO.

"Through our focused research programs, we are enhancing our ability to develop innovative AAV-based therapies," said H. Stewart Parker, president and chief executive officer of Targeted Genetics. "The data presented today support our existing product development program in the area of inflammatory disease, highlight the utility of AAV-based therapies in new indications such as periodontal disease and delineate some of the molecular and cellular factors that impact the efficiency of AAV vectors to deliver and express genes for therapeutic effect. These studies highlight our commitment to focusing our research efforts through the lens of product development activities. We believe that this is the best way to advance our innovative pipeline of product candidates toward commercialization."

In an oral abstract session, Dr. John F. 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 #399 titled, "rAAV2 Movement Through the Late and Recycling Endosomes Is Influenced by Titer of Infection." This study provides new information on the relationship between the number of AAV vectors introduced into a given cell and the cellular localization of those particles. Information gained through this study may help to optimize dosing and administration regimens for AAV-based therapies.

Dr. Engelhardt also will present abstract #498 titled, "Adeno-Associated Virus Type-1 Vectors Efficiently Transduce Polarized Airway Epithelia without Polarity Bias" and abstract #499 titled, "Species-Specific Differences in the Polarity of rAAV5 and rAAV2 Transduction of Mouse and Human Airway Epithelia." These studies compared alternative serotypes to determine their ability to deliver and express genes in mice and humans. Results of this study provide insight into the most effective vectors for both preclinical and clinical evaluation.

In another poster session, Dr. William V. Giannobile, Najjar Professor of Dentistry and Director Michigan Center for Oral Health Research, Associate Professor of Biomedical Engineering, University of Michigan Clinical Research Center, will present abstract 677 titled, "Gene Delivery of TNFR:Fc by Adeno- Associated Virus Vector Blocks Progression of Periodontitis." This pilot study used AAV to deliver the TNFR:Fc transgene to periodontal lesions in mice. The study demonstrates that AAV-based delivery of TNFR:Fc blocks progression of periodontitis, a chronic disease that causes severe inflammation and may lead to bone loss.

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.

Investor and Media Contact: Stacie D. Byars Director, Communications Targeted Genetics Corporation 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.targetedgenetics.com/

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