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Life Sciences News Brief
Vol. 5 no. 49 - March 1, 2006s
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Pharmaceuticals Update |
Researchers discover a natural
defence mechanism for Alzheimer's Disease
A team from the Faculty of
Medicine at Université Laval and the research centre at CHUQ (Centre
hospitalier universitaire de Québec) has discovered a natural
defence mechanism that the body deploys to combat nerve cell
degeneration observed in persons with Alzheimer's disease (AD).
Investigators Alain R. Simard, Denis Soulet, Genevieve Gowing,
Jean-Pierre Julien and Serge Rivest describe this major discovery in
the February 16th issue of the scientific journal Neuron.
Alzheimer's disease is characterized by the accumulation of amyloid
proteins in the brain. These proteins form plaques around which
microglia, the central nervous system's immune cells, aggregate.
These microglia appear to be incapable of eliminating the plaques,
and this has led some researchers to postulate that microglial
action produces an inflammation causing neuronal death. The fact
that Alzheimer's patients are prescribed anti-inflammatory drugs
results from this concept of the disease. For Serge Rivest and his
team, whose research is funded by the Canadian Institutes of Health
Research (CIHR), microglia are not part of the problem, but of its
solution. These investigators have observed that, although the
brain's resident microglia do appear to be poorly equipped for
combating amyloid plaques, an entirely different case prevails for
another type of microglia: those derived from bone marrow stem
cells. Using tests conducted with transgenic mouse models of AD, the
investigators have demonstrated that bone marrow-derived microglia
infiltrate amyloid plaques and succeed in destroying them most
efficiently. These newly-recruited immune cells are specifically
attracted by the amyloid proteins that are the most toxic to nerve
cells. www.cihr.ca
Transition Therapeutics Granted US
Patent
Transition Therapeutics
Inc. (Toronto), announced the US Patent and Trademark office issued
US Patent No. 6,992,060 to the Company. The claims in this patent
cover methods of treating diabetes patients using Transition's lead
diabetes regenerative product, E1- I.N.T.(TM). This patent issuance
demonstrates Transition's on-going strategy to aggressively pursue
the broad intellectual property protection of islet cell
regenerative factors and their use in the treatment of diabetes.
Transition's patent portfolio of diabetes regenerative therapies now
expands to 7 issued patents with an extensive portfolio of patent
applications pending in multiple jurisdictions throughout the world.
www.transitiontherapeutics.com
Cipher receives Health Canada
approval of CIP-Fenofibrate
Cipher Pharmaceuticals Inc. (Mississauga) announced
that it has received final approval from Health Canada for CIP-Fenofibrate,
the Company's novel formulation of the active ingredient fenofibrate,
which is used in the treatment of hyperlipidemia. Health Canada has
issued a Notice of Compliance for CIP-Fenofibrate which allows for
the product to be marketed in Canada. The notification came after
the Federal Court of Canada advised the Company it would dismiss the
legal proceedings brought by Fournier-Pharma Inc. and Laboratoires
Fournier S.A. related to the second of two patent issues.
www.cipherpharma.com |
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Diagnostics and Therapeutics Update |
MDX Begins NIRS Urodynamics Clinical
Study
MDX Medical Inc.
(Vancouver) announced that it has commenced a human clinical study
of its non-invasive near infra-red spectrophotometry (NIRS)
urodynamics technology licensed from The University of British
Columbia. The technology is a breakthrough in bladder care providing
non-invasive monitoring and diagnosis of bladder dysfunction
including urinary incontinence. The study, supported by a grant from
The Canadian Institutes of Health Research (CIHR), consists of a
series of human clinical experiments to support the
commercialization of NIRS. This research will establish baseline
factors of NIRS for the bladder as well as establishing
characteristic NIRS tracings for each of the major bladder
conditions. These tracing patterns will enable the diagnostic
capabilities of urodynamics spectrograms, similar to the way EKG
reference patterns characterize cardiac function. www.mdxmedical.com
Axcan announces outcome of ITAX
International Phase III clinical trial
Axcan Pharma Inc. (Mont
Saint Hilaire) announced that results of the ITAX (Itopride)
International Phase III clinical trial showed that Itopride, a drug
developed for the treatment of Functional Dyspepsia, did not meet
its primary endpoint and, as such, the results did not confirm the
efficacy observed in other studies, including the Phase II clinical
trial. The Company will continue to analyze the efficacy data from
this Phase III trial, and this analysis, together with the results
of the North American Phase III study, should provide a better
understanding of the outcome. These findings will enable the Company
to decide on the continuation of the ITAX Functional Dyspepsia
program. The Company will continue the development of this compound
in other areas such as Diabetic Gastropathy. www.axcan.com
Cancer Center to investigate
Chemokine's lead chemokine antagonist
Chemokine Therapeutics
Corp. (Vancouver), a biotechnology company developing chemokine-based
therapies to treat cancer, blood disorders, cardiovascular, and
infectious diseases, announced that it has entered into an agreement
with The University of Texas M. D. Anderson Cancer Center of
Houston, Texas to study the Company's lead anti-cancer compound,
CTCE-9908, a chemokine CXCR4 antagonist. Oncologists at M. D.
Anderson Cancer Center will study the benefits of CTCE-9908 in
studies investigating the drug's ability to inhibit the metastasis
of a human breast cancer in preclinical models. In previous
experimental studies, CTCE-9908 has been shown to reduce cancer
metastases by a considerable 50-70%. www.chemokine.net
Neurochem receives fourth safety
recommendation
Neurochem Inc. (Laval) announced that its Independent
Safety Review Board (ISRB) has issued a fourth recommendation to
continue the Company's North American Phase III clinical trial for
tramiprosate (Alzhemed(TM)) for the treatment of Alzheimer's disease
(AD). Neurochem's ISRB for Alzhemed(TM) is made up of independent
clinical experts who monitor and evaluate the safety of patients
taking part in the Alzhemed(TM) Phase III clinical trial in North
America and who perform related analyses on the safety of those
patients. The recommendation of the ISRB members was based on their
recent review of the available safety data of all 1,052 patients who
have been on study medication for an average of eight months.
www.neurochem.com |
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Medical Devices |
ChondroGene reports on blood-based
colon cancer test development
ChondroGene Limited
(Toronto) reported on the progress of its Colon Sentry(TM)
blood-based colon cancer detection test. The Colon Sentry test is
able to detect colon cancer and certain pre-cancerous colon
pathologies from a simple blood sample. The test was developed using
the Company's proprietary Sentinel Principle(TM) technology which is
capable of readily identifying blood biomarkers for virtually any
disease or medical condition. In one study, ChondroGene identified a
5 gene biomarker set for identifying patients with colon cancer that
has a sensitivity of 90% and specificity of 79%. The Company has
also selected a biomarker set of 7 genes in another study to
identify patients with advanced adenomas and high risk polyps, the
type of colon polyps at high risk for developing into colon cancer.
The sensitivity and specificity of this 7 gene biomarker set for
detecting patients with advanced adenomas and high risk polyps is
90% and 81%, respectively. The Company is continuing to optimize
these biomarker sets and is accruing additional blood samples from
patients with colon cancer and advanced adenomas. The continued
accruals will enable the Company to further validate these initial
biomarker sets with blinded studies prior to formal development of
molecular diagnostic kits later this year. www.chondrogene.com
VSM awarded $350,000 by Canadian
Government for brain imaging system
VSM MedTech Ltd.
(Vancouver), world leader in the emerging clinical market for
magnetoencephalography (MEG) functional brain imaging systems, will
receive a contribution of $350,000 from the Canadian Government. The
funding will offset part of the cost of a $1.5 million electronics
redesign initiative planned for the next generation of CTF MEG(TM)
systems. The support will be provided on a cost-incurred basis
during 2006. The objective of the initiative is to substantially
reduce the cost of manufacturing CTF MEG systems by the end of 2006,
without sacrificing performance. www.vsmmedtech.com
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Genomic Update |
Amorfix and the Ontario Genomics
Institute announce partnership
Amorfix Life Sciences Inc. (Toronto) and the Ontario
Genomics Institute (OGI) announced they are entering into a
partnership to develop a blood test for Alzheimer's disease, EP-AD(TM),
based upon Amorfix's patent-pending Epitope Protection technology.
OGI will assist Amorfix in accelerating its program for diagnosis of
neurodegenerative diseases drawing on OGI's portfolio of
state-of-the-art genomics and proteomics facilities, research and
pre-commercial development in Ontario. Dr. George Adams, Amorfix's
CEO said, "Alzheimer's Disease affects 10% of people over 65 years
old and there is no definitive way to confirm a diagnosis before
death. I am very pleased to have OGI's support as we aim to be the
first to develop a definitive blood test for Alzheimer's."
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Industry Briefs |
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ConjuChem Inc.
(Montreal) announced today that it has
entered into an agreement with 1211417 Alberta Inc, an investor
group led by Sheldon Reid, a co-founder of Capitol Energy
Resources Ltd to recapitalize and reorganize the Company's
business, providing ConjuChem with a non-dilutive capital
injection of $6.4 million.
www.conjuchem.com
- Angiotech
Pharmaceuticals, Inc.
(Vancouver), announced that it intends to appeal a UK trial
court decision to revoke Angiotech's UK designation of its
European Patent No. 0,706,376. The UK trial court ruled today
that Angiotech's UK Patent lacked inventive step in light of
certain prior art in a challenge brought by Conor MedSystems (Conor)
filed in February 2005. This Patent, which applies to the UK
only, is only one of a number in Angiotech's portfolio of
patents protecting its pioneering paclitaxel stent technology,
which cover the Boston Scientific TAXUS(TM) stent.
www.angiotech.com
- Isotechnika Inc.
(Edmonton) announced the appointment of Franklin M. Berger, CFA,
to its Board of Directors. Mr. Berger, who is an independent
biotechnology research analyst, currently serves as a Director
of several biotechnology companies including VaxGen Inc.,
Seattle Genetics Inc. and ViroChem Pharma Inc.
www.isotechnika.com
- AEterna Zentaris
Inc. (Quebec) announced
that, as of the fourth quarter of fiscal year 2005, it will
report its financial results and financial position in U.S.
dollars. Accordingly, all of the Company's assets and
liabilities outside the United States will be translated into
U.S. dollars using the exchange rate in effect at the balance
sheet date.
www.aeternazentaris.com
- Celmed BioSciences
Inc. (Montreal) announced
the retirement of André de Villers, MD, President and Chief
Executive Officer, and the appointment of Mark Kaufmann,
formerly Chief Operating Officer and Vice President Corporate
Development, to the position of President and Chief Executive
Officer. Dr. de Villers will remain on Celmed's Board of
Directors. The changes are effective February 21, 2006.
www.celmedbio.com
- AnorMED Inc.
(Vancouver) announced that Michael Abrams, President and CEO, is
the recipient of the Society of Chemical Industry's (SCI) 2006
Julia Levy Award recognizing successful innovation in Canada in
the field of bio-medical science and engineering.
www.anormed.com
- Vasogen Inc.
(Toronto), a leader in the research and commercial development
of technologies targeting chronic inflammation underlying
cardiovascular and neurological disease, announced that Terrance
H. Gregg will succeed William R. Grant as Chairman of its Board
of Directors at the Company's upcoming annual meeting on March
22nd.
www.vasogen.com
- AnorMED Inc.
(Vancouver) provides shareholders with additional information
regarding a filing of a further amendment to a Schedule 13D
filing with the United States Securities and Exchange Commission
by Felix J. Baker and Julian C. Baker. Mr. David Scott, Chairman
of the Special Committee of the Board of Directors of AnorMED
Inc., has responded to Mr. Baker, in a letter which can be found
on the Company's website.
www.anormed.com
- Forbes Medi-Tech
Inc. (Vancouver) announced
it has agreed to sell its interest in Phyto-Source LP, the
Company's 50-50 sterol manufacturing joint venture, for US$25
million to Chusei Oil Co. Ltd., the Japanese parent company of
the Company's joint venture partner, Chusei (U.S.A.) Inc.
Simultaneously, Phyto-Source and Forbes Medi-Tech signed a
supply agreement which will assure Forbes Medi-Tech of a supply
of Reducol(TM) and other wood sterols for a period of 5 years.
Forbes has agreed to buy all of its sterol requirements
exclusively from Phyto-Source for the first year.
www.forbesmedi.com
- Isotechnika Inc.
(Edmonton) announced that Dr. Randall Yatscoff, Isotechnika's
President and Chief Executive Officer has resigned his position
on the Board of Directors to enhance Board independence.
www.isotechnika.com
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(Life Sciences News Briefs © 2005 is prepared by Armar
International for the Life Sciences Branch of Industry Canada (contact:
Louise Leduc Tel: (613) 954-4715; E-mail: Leduc.Louise@ic.gc.ca).
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