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From DNAPrint.com: |
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LATEST PRESS RELEASE: |
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November 8, 2005
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SARASOTA, FL --
(MARKET WIRE)
-- 11/08/2005 -- DNAPrint™ genomics, Inc. (OTC BB: DNAG)
today announced that DNAPrint Pharmaceuticals, Inc.'s Computational Biology
Division, which was recently acquired from Kenna Technologies, Inc., is
preparing to launch its services contract business for the pharmaceutical
and biotechnology industries.
By incorporating DNAPrint's pharmacogenomics contract services with those
of the Computational Biology Division, the end result will be a unique
solution for optimizing clinical trials. DNAPrint will demonstrate to drug
developers that they can learn more about a new drug's patient benefit as
well as an optimum dosing regimen.
The computational biology scientists at DNAPrint Pharmaceuticals have
developed a system for analyzing complex biological processes. "Our
offering is pragmatic," says Dr. Barbara Handelin, General Manager of
Computational Biology. "Even with an imperfect understanding of disease and
human physiology, we have shown that we can create highly predictive models
that improve the understanding of researchers. We are especially excited
to demonstrate to potential clients how modeling can work synergistically
with genetic studies of drug response."
DNAPrint genomics utilizes a proprietary technology that measures
variations among patient populations that relate to their responses to
drugs. The combination of the two technologies will assist developers of
pharmaceutical products in identifying important patient factors that
impact how a specific drug will affect different groups of patients. Some
of these factors are inborn, such as genetic markers; others are identified
by the Company's computer simulations, which will be inherent to the role
of the drug in the disease under treatment. The Company will also help
identify genetic and other patient factors predisposing patients to toxic
side effects.
DNAPrint also uses simulations to model the molecular and cellular effects
of a drug candidate so that researchers can ask many more "what if"
questions about dose levels and scheduling as opposed to actual human or
animal studies. These simulations then guide the design of actual clinical
trials with advanced "intelligence" about the likely outcomes. The
likelihood of successful trials, targeted to the right patients with an
effective dosing regimen is greatly enhanced; and could lead to reduced
time and costs of clinical studies.
"We invite everyone to use our services," said Hector J. Gomez, M.D.,
Ph.D., DNAPrint's Chairman and Chief Medical Officer. "We believe that
bringing computer modeling and genetics together is a natural fit for
optimizing drug discovery and development. These are independent
approaches that together start to improve preclinical and clinical
development from strictly empirical medicinal chemistry trials to
mechanistically driven human biology studies."
"Simply put, DNAPrint will utilize computational modeling to develop drugs
more efficiently," said DNAPrint President and Chief Executive Officer
Richard Gabriel. "It will play a valuable role in any company's efforts to
pursue the development of drugs which maximize efficacy and minimize side
effects by tailoring medications for specific individuals and well-defined
population sectors."
About DNAPrint
DNAPrint™ genomics, Inc. (www.dnaprint.com) is a developer of
genomics-based products and services focused on drug development,
pharmacogenomic diagnostic tests, forensics technology and consumer genetic
tests. DNAPrint Pharmaceuticals, Inc., a wholly owned subsidiary, is
responsible for the development of diagnostic tests and theranostic
products (drug/test combination) and also provides Computational Biology
and Pharmacogenomics Services. The Company's first theranostic product is
PT-401, a "Super EPO" (erythropoietin) dimer protein drug for treatment of
anemia in renal dialysis patients (end stage renal disease). Currently in
pre-clinical development, PT-401 will be targeted to patients with a
genetic profile indicating their propensity to have the best clinical
response. DNAPrint's family of products for the law enforcement forensics
and consumer markets include DNAWITNESS™, RETINOME™,
ANCESTRYbyDNA™ and EURO-DNA™.
Forward-Looking Statements
All statements in this press release that are not historical are
forward-looking statements. Such statements are subject to risks and
uncertainties that could cause actual results to differ materially from
those projected, including, but not limited to, uncertainties relating to
technologies, product development, manufacturing, market acceptance, cost
and pricing of DNAPrint's products, dependence on collaborations and
partners, regulatory approvals, competition, intellectual property of
others, and patent protection and litigation. DNAPrint genomics, Inc.
expressly disclaims any obligation or undertaking to release publicly any
updates or revisions to any forward-looking statements contained herein to
reflect any change in DNAPrint's expectations with regard thereto or any
change in events, conditions, or circumstances on which any such statements
are based.
Company Contact: Richard Gabriel CEO and President 941 366-3400 Ron Stabiner The Wall Street Group, Inc. 212-888-4848SOURCE: DNAprint Genomics, Inc. |
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