Targeted Genetics to Present Data on Several Programs at the 8th Annual Meeting of the American Society of Gene Therapy

Date : 05/26/2005 @ 8:15AM
Source : PR Newswire
Stock : Targeted Genetics (MM) (TGEN)
Quote : 0.4  0.01 (2.56%) @ 6:23PM
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Targeted Genetics to Present Data on Several Programs at the 8th Annual Meeting of the American Society of Gene Therapy

Targeted Genetics to Present Data on Several Programs at the 8th Annual Meeting of the American Society of Gene Therapy - Presentations Demonstrate Broad Potential of Company's AAV Technology -

SEATTLE, May 26 /PRNewswire-FirstCall/ -- Targeted Genetics Corporation's (NASDAQ:TGEN) technology assets will be highlighted in 8 presentations during the 8th Annual Meeting of the American Society of Gene Therapy. The meeting will take place June 1 - June 5 in St. Louis, Missouri. Presentations will focus on the Company's core product development programs and the utility of adeno-associated virus (AAV) vector delivery technology. The Company uses AAV technology for its current 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. AAV can be used in general to deliver a broad range of nucleic acids as disease therapeutics or prophylactics.

"Targeted Genetics has focused research programs that support our product development and collaboration efforts, and we are pleased to be able to take part in eight of these programs at this year's prestigious ASGT meeting," said H. Stewart Parker, President and Chief Executive Officer of Targeted Genetics. "Our presence speaks to the breadth of our scientific expertise and capabilities in drug development using AAV, which are integral to our current and future product development opportunities and partnerships."

Presentations relevant to Targeted Genetics' product development programs are:

Core Technology: Adeno-Associated Virus (AAV) Vectors Abstract #399

"rAAV2 Movement Through the Late and Recycling Endosomes Is Influenced by Titer of Infection." Oral Presentation - Friday, June 3.

Abstract #498

"Adeno-Associated Virus Type-1 Vectors Efficiently Transduce Human Polarized Airway Epithelia without Polarity Bias." Poster Presentation - Friday, June 3.

Abstract #499

"Species-Specific Differences in the Polarity of rAAV5 and rAAV2 Transduction of Mouse and Human Airway Epithelia." Poster Presentation - Friday, June 3.

Abstract #869

"Infectious Titer Assay for Recombinant Adeno-Associated Virus Vectors Using Direct Cell Lysis and Endpoint Taqman PCR." Poster Presentation - Saturday, June 4.

Inflammatory Disease Abstract #677

"Gene Delivery of TNFR:Fc by Adeno-Associated Virus Vector Blocks Progression of Periodontitis." Poster Presentation - Friday, June 3.

AIDS Vaccine Abstract #986

"In Vivo Production of Anti-HIV-1 Neutralizing Antibody from Rhesus Macaque Muscle Using a Recombinant Adeno-Associated Virus Vector." Poster Presentation - Saturday, June 4.

Huntington's Disease Abstract #52

"AAV-Delivered RNAi Improves Cellular and Motor Phenotypes in a Mouse Model for Huntington's Disease." Oral Presentation - Thursday, June 2.

Cystic Fibrosis Abstract #116

"Functional Comparison of Four CFTR rAAV Vectors with Alternative Transcriptional Elements in Cell Lines and Polarized Human CF Airway Epithelia." Poster Presentation - Thursday, June 2.

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 the research contained in a presentation 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.

DATASOURCE: Targeted Genetics Corporation

CONTACT: investors and press, Stacie D. Byars, Director, Communications

of Targeted Genetics Corporation, +1-206-521-7392

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

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