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From: mikehunt212/28/2009 7:26:05 AM
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Arrowhead Research Corporation Subsidiary Tego Biosciences Sells IP Portfolio to Luna Innovations
Tego Receives Upfront Cash, Milestone Payments and Royalties

PASADENA, Calif.--(BUSINESS WIRE)--Arrowhead Research Corporation (NASDAQ: ARWR - News) today announced that its wholly owned subsidiary, Tego Biosciences, has completed a definitive asset purchase agreement for the sale of its non-cash intellectual property (IP) to Luna Innovations, Inc. (Nasdaq: LUNA - News), a developer and manufacturer of new-generation products that include pharmaceutical nanomedicines. Under the terms of the agreement, Luna paid Tego $430,000 upfront, will make milestone payments totaling $4.25 million for each fullerene product it brings to market under Tego IP, and pay royalties on net sales of its products built with the Tego IP.

Also under the terms of the agreement, Tego will receive payments of 10% on revenues from the licensing or resale of Tego’s IP and 50% of net proceeds from The Bronx Project products developed using Tego IP. The Tego IP includes a broad portfolio of foreign and domestic patents and patent applications relating to modified fullerenes for use in diagnostics, therapeutic, imaging and other biopharmaceutical-related applications.

“This agreement is in line with Tego’s plan to limit ongoing costs while retaining the ability to capture potential upside from its broad patent portfolio,” said Arrowhead’s President and CEO Dr. Christopher Anzalone. “Tego IP came into Arrowhead via the Carbon Nanotechnologies, Inc. acquisition, and we decided some time ago that it did not make sense for us to build the expertise necessary to develop fullerene-based healthcare products. We also recognized that there was a lot of potential value locked up in the Tego patent portfolio, so we sought to unlock that value with the right partner. As a company and through some of its senior scientists, Luna brings a strong knowledge base of fullerene derivatives. We believe that their focused effort to develop fullerene-based products has the potential to bear fruit, particularly now that it has access to the Tego patent portfolio. We view this as a potentially significant value-driver for Arrowhead in the long term because the Tego patent portfolio is not just applicable to a single product. Rather, it may be used for a suite of multiple products, each of which could bring value to Arrowhead via milestone payments and royalties.”

About Arrowhead Research Corporation

Arrowhead Research Corporation (www.arrowheadresearch.com) (NASDAQ: ARWR - News) is a nanotechnology company commercializing new technologies in the areas of life sciences, electronics, and energy. Arrowhead is seeking to build value for shareholders through the progress of majority-owned subsidiaries and minority investments commercializing nanotech products and applications.

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From: mikehunt212/29/2009 1:58:18 PM
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Tego Biosciences is acquired by Luna Innovations
ROANOKE, Va., Dec 29, 2009 (BUSINESS WIRE) -- Luna Innovations Incorporated (LUNA) has acquired certain intellectual property assets of Tego Biosciences, its main competitor in developing medicines based on carbon nanomaterials. Tego Biosciences, Inc. is a wholly owned subsidiary of Arrowhead Research Corporation (ARWR). This acquisition integrates the patent assets of the two leading companies and provides Luna a dominant intellectual property portfolio in carbon nanomaterial-based pharmaceuticals.
"We are pleased to add Tego's portfolio of intellectual property to enhance our exciting program in nanomedicines," stated Dr. Kent Murphy, Chairman and CEO of Luna Innovations. "The acquisition of Tego's fullerene assets for use in pharmaceuticals demonstrates Luna's continued commitment to novel therapeutics using carbon nanomaterials to treat a variety of inflammatory diseases that address significant markets such as arthritis, allergies and asthma. In addition, Luna's technology is being used to improve diagnostic imaging by developing agents targeted to reveal brain cancer and plaque on arterial walls."
With this acquisition, Luna's intellectual property portfolio for carbon nanomaterials now includes seven owned patents, 10 licensed patents and 44 U.S. and foreign applications. In addition, Luna acquired the research programs Tego has sponsored in radiation protection, anti-viral therapies and macular degeneration, the leading cause of blindness in the elderly. Luna also acquired Tego's license to The Bronx Project (TBP), a program for developing new medicines based on carbon nanomaterials for Parkinson's and other neurodegenerative diseases. As a result of this transaction, Luna and Tego will equally share in the net proceeds from activities related to the TBP license.
Luna has had an ongoing program to identify novel therapeutic candidates based on the unique properties of carbon nanospheres since 2003. These nanospheres, called buckminister fullerenes, must be chemically modified to make them compatible with living tissues. During this work, Luna has made a number of discoveries, funded in part by government contracts and awards. Luna's business strategy for developing pharmaceutical products is to form partnerships with established companies to underwrite the expensive development programs.
"Tego accrued the combined fruits of most of the pioneering research on fullerene therapeutics that have been discovered over the last decade. Combining these assets with our own discoveries provides Luna with extensive intellectual property covering therapeutics based on carbon nanomaterials," said Dr. Robert Lenk, President of Luna's nanoWorks Division based in Danville, VA. "Our combined patent portfolio consists of 61 patents and pending applications covering classes of fullerene derivatives, methods for synthesizing these compounds and treatments for specific diseases. This acquisition strengthens our position in carbon nanomaterial-based nanomedicines and opens additional markets to attract potential partners as we move forward."
About Luna Innovations & Luna nanoWorks:
Luna Innovations Incorporated () develops and manufactures new-generation products for the healthcare, telecommunications, energy and defense markets. Our products are used to measure, monitor, protect and improve critical processes in the markets we serve. nanoWorks () is a division of Luna Innovations housed in a world-class nanomaterial manufacturing facility in Danville, VA, where scientists are developing pharmaceutical products empowered by nanomaterials with applications in diagnostics and therapeutics.
Forward Looking Statements:
This release includes information that constitutes "forward-looking statements" made pursuant to the safe harbor provision of the Private Securities Litigation Reform Act of 1995, including statements regarding, but not limited to (i) Luna's intellectual property portfolio in carbon nanomaterial-based pharmaceuticals, (ii) the use of carbon nanomaterials to treat inflammatory diseases and to improve diagnostic imaging, (iii) scientific discoveries, (iv) strategy for developing pharmaceutical products, and (v) potential commercial markets for Luna's products. Statements that describe the Company's business strategy, goals, prospects, opportunities, outlook, plans or intentions are also forward looking statements. Actual results may differ materially from the expectations expressed in such forward-looking statements as a result of various factors, including, without limitation, the enforceability of certain patent rights, the failure of certain patent application claims to issue, problems with the use of certain nanomaterials to treat diseases or improve imaging, other scientific issues, and the failure to find partners to commercialize certain technologies, and risks and uncertainties set forth in the company's periodic reports and other filings with the Securities and Exchange Commission. Such filings are available at the SEC's website at , and at the company's website at . The statements made in this release are based on information available to the company as of the date of this release and Luna Innovations undertakes no obligation to update any of the forward-looking statements after the date of this release.
SOURCE: Luna Innovations Incorporated
Luna Innovations Incorporated Dale Messick, 1-540-769-8400 IR@lunainnovations.com

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From: mikehunt21/20/2010 8:21:16 AM
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Unidym Completes Licensing Agreements to Expand Use of its Carbon Nanotube IP in Diverse Array of Applications

SUNNYVALE, Calif.--(BUSINESS WIRE)--Unidym, Inc., a majority owned subsidiary of Arrowhead Research Corporation (NASDAQ:ARWR - News), today announced that it has completed three licensing agreements for its nanotechnology intellectual property (IP) for use in applications such as aerospace and military products. Each license agreement provides for modest upfront fees and future royalty payments to Unidym.

“Licensing our IP outside of our core market in printable electronic materials, illustrates the breadth of Unidym’s patent portfolio,” said Mark Tilley, CEO of Unidym. "Early adoption of our IP for developing products and technologies in a broad array of applications provides further validation of the value of our technology portfolio among large and maturing markets. As a first mover in evolving industries, we believe we hold a significant competitive advantage. In-line with our strategy to monetize the value of our IP, we will continue to seek revenue generating licensing opportunities beyond the markets in which we intend to sell our high-margin electronic inks and films.”

The agreements comprise the following:


Nonexclusive license to a large Japanese materials company. The license is for U.S. Patent 6,852,410 covering the use of carbon nanotubes to manufacture high performance carbon fibers for structural composites such as aerospace applications;
Nonexclusive license to Torrey Pines Technologies, a San-Diego based designer of advanced technologies for RF, microelectronics and automated equipment. The license is for a suite of patents related to the use of vertically aligned nanotubes and nanofibers as thermal interface materials in military and space products.
Nonexclusive license to Nano Lab, a Boston-based manufacturer of vertically aligned carbon nanotubes. The license is for U.S. Patent 6,863,942 covering the growth of vertically aligned carbon nanotubes on certain substrates.

About Unidym, Inc.

Unidym is a leader in carbon nanotube-based transparent, conductive films (TCFs) for the electronics industry. TCFs are a critical component in devices such as touch panels, displays, and thin-film solar cells. For example, both touch panels and LCDs typically employ two TCF layers per device. Unidym's TCFs offer substantial advantages over the incumbent technology, indium-based metal oxides, including: improved durability, lower processing costs, and lower overall cost structure. For more information, visit: unidym.com. 

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From: mikehunt22/1/2010 7:09:40 AM
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Unidym Announces Joint Venture to Market Printable CNT Electronics in Korea

SUNNYVALE, Calif.--(BUSINESS WIRE)--Unidym, Inc., a majority owned subsidiary of Arrowhead Research Corporation (NASDAQ: ARWR - News), today announced that it has signed a definitive agreement to create a joint venture partnership with Wisepower, a publicly traded Korean company (KOSDAQ: 040670 - News), to market and co-develop Unidym’s proprietary film and electronic ink products into the Korean touch panel and display industries. The newly formed entity will be called Unidym Korea.

“South Korea is becoming an increasingly important geography for our target markets in touch panel, LCD and other display and solar markets,” said Mark Tilley, CEO of Unidym. “We are honored to be working with a company of Wisepower’s caliber. Wisepower has demonstrated its ability to effectively build new businesses in electronics. By creating Unidym Korea in partnership with Wisepower, we will have the local presence to support our efforts with major Korean display manufacturers and accelerate our business development activities with local partners.”

“With its superior product offerings and dominant intellectual property portfolio, we believe Unidym is the world leader in CNT electronics,” said Gi Ho Park, CEO of Wisepower. “We look forward to working with Unidym to expand this business in Korea. Furthermore, we intend to explore the possible applications of CNTs in the areas of LEDs and rechargeable batteries. This cooperation with Unidym will enable Wisepower to use new materials such as CNTs to enhance its rechargeable batteries and LED product position in the market.”

Unidym will retain a significant ownership position in Unidym Korea in exchange for a license to the new company for certain intellectual property. Under the arrangement, Unidym has agreed to supply its carbon nanotube based transparent conductive film to Unidym Korea. Wisepower has agreed to contribute operating capital and provide local manufacturing, sales, and distribution expertise.

About Wisepower Co., LTD.

Wisepower, a listed company in KOSDAQ (040670), is a leading supplier of Li-polymer batteries for mobile appliances in Republic of Korea. Its customers include cellular phone manufacturers such as LG Electronics, Pantech, and KTFT. Wisepower has recently developed high quality LED packages and solid-state lighting. The company’s products also include wireless charging system for electronic applications.

About Unidym, Inc.

Unidym is a leader in carbon nanotube-based transparent, conductive films (TCFs) for the electronics industry. TCFs are a critical component in devices such as touch panels, displays, and thin-film solar cells. For example, both touch panels and LCDs typically employ two TCF layers per device. Unidym's TCFs offer substantial advantages over the incumbent technology, indium-based metal oxides, including: improved durability, lower processing costs, and lower overall cost structure. For more information, visit: unidym.com.  Unidym is a majority-owned subsidiary of Arrowhead Research Corporation (NASDAQ: ARWR - News).

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

This news release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based upon Unidym’s current expectations for Unidym Korea and speak only as of the date hereof. Unidym’s actual results may differ materially and adversely from those expressed in any forward-looking statements as a result of various factors and uncertainties. Arrowhead Research Corporation's most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q discuss some of the important risk factors that may affect Unidym’s business, results of operations and financial condition. Unidym and Arrowhead disclaim any intent to revise or update publicly any forward-looking statements for any reason.



Contact:
Unidym, Inc.John Miller, 408-636-7500pr@unidym.com

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From: mikehunt22/2/2010 7:27:10 AM
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Arrowhead's Portfolio Company, Nanotope, Publishes Preclinical Data Demonstrating Cartilage Regeneration

PASADENA, Calif., Feb 02, 2010 (BUSINESS WIRE) -- Arrowhead Research Corporation (ARWR) today announced publication in Proceedings of the National Academy of Sciences (PNAS) of a study using Nanotope's lead compound for cartilage regeneration. The study's authors, which include Nanotope co-founder Dr. Samuel Stupp, showed that Nanotope's bioactive nanofiber system promotes the growth of new cartilage in a rabbit model. The treatment is engineered to repair cartilage defects by working with an animal's own bone marrow stem cells to stimulate the production of new natural cartilage. This is an area of intense interest for the medical community because of the large number of joint injuries and, unlike bone, damaged cartilage does not naturally grow back in adults.
Nanotope's proprietary material was used in conjunction with microfracture, an established therapy whereby small holes are made in the bone beneath damaged cartilage in order to create a scar or clot. Nanotope's nanofiber gel was injected as a liquid into the microfracture holes where it self assembled to form a bioactive scaffolding that promotes the growth and integration of new natural cartilage. The procedure was performed both with and without the use of growth factors, and the study showed that Nanotope's material performed better than microfracture alone and that it did not require the expensive growth factors for positive results. The scaffolding leveraged the body's own stem cells and natural growth factor production to promote regeneration.
"We view these results as a significant step forward toward a potentially new and innovative way to treat cartilage injuries in the future," said Dr. Christopher Anzalone, CEO of Arrowhead. "More broadly, these data provide another important proof of concept for Nanotope's platform technology for regenerative medicine. With study results published in multiple peer reviewed scientific journals, the platform has demonstrated the ability to regenerate diverse tissues, from spinal cord to cartilage. It is our hope that Nanotope's technology may someday be used therapeutically to repair a wide range of tissue types damaged by traumatic injury, advanced age, or disease."
The article, entitled "Supramolecular Design of Self-assembling Nanofibers for Cartilage Regeneration" appeared in the February 2, 2010 issue of PNAS Online.
About Arrowhead Research Corporation
Arrowhead Research Corporation () (ARWR) is a nanotechnology company commercializing new technologies in the areas of life sciences and electronics. Arrowhead is seeking to build value for shareholders through the progress of its portfolio companies. Currently, Arrowhead is focused primarily on its two majority owned subsidiaries, Unidym, a leader in carbon nanotube technology for electronic applications, and Calando, at the forefront of clinical application of RNAi delivery technology. Arrowhead also has minority investments in two privately held nanobiotech companies

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From: zx2/19/2010 3:35:17 PM
   of 154
 
ARWR--- Long shares

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To: zx who wrote (120)3/22/2010 6:31:08 AM
From: mikehunt22 Recommendations   of 154
 

Arrowhead Research Subsidiary, Calando Pharmaceuticals, Provides First Proof of RNA Interference in Humans with Systemically Administered siRNA Therapeutic; Clinical Trial Results Published in Nature

Landmark Caltech-Led Study Shows Systemic siRNA Delivery, mRNA Knockdown, Protein Knockdown and mRNA Cleavage Products Indicative of RNAi



Press Release Source: Arrowhead Research Corporation On Monday March 22, 2010, 6:00 am

PASADENA, Calif.--(BUSINESS WIRE)--Arrowhead Research Corporation (NASDAQ: ARWR - News) today announced that the clinical trial being conducted by majority-owned subsidiary, Calando Pharmaceuticals, Inc., has demonstrated systemic delivery of siRNA and the successful “silencing” of a widely recognized cancer gene via RNA interference (RNAi) in humans. This represents a breakthrough for Calando, its proprietary RONDEL™ delivery system, and the field of RNAi. It is thought to be the first ever demonstration in humans of targeted siRNA-containing nanoparticle delivery to tumors using systemic administration, delivery of functional siRNAs, and achievement of specific mRNA and protein reductions via RNAi. Thus far in the trial, no significant drug-related toxicities, known as serious adverse events (SAEs), have been observed that may limit use. Data based on Calando’s study were published in the prestigious journal, Nature, on March 21, 2010 in an advance online edition. The article, titled, “Evidence of RNAi in humans from systemically administered siRNA via targeted nanoparticles,” can be viewed at: nature.com  Further discussion of the article and the data may also be viewed at: nature.com 

The study was led by Professor Mark E. Davis and a team of scientists at Caltech. It also included researchers and clinicians from UCLA and South Texas Accelerated Research Therapeutics (START), the two sites conducting Calando’s clinical trial. The trial, which is investigating the safety and efficacy of drug candidate CALAA-01 and the broader RONDEL nanoparticle delivery system, represented the first time siRNA was systemically administered using a delivery system and the first use of siRNA against cancer in humans. CALAA-01 and the RONDEL™ delivery system widened their lead in the siRNA delivery field with the newly published data, which include:

* Detection of RONDEL siRNA nanoparticles inside cells biopsied from tumors, demonstrating that RONDEL is capable of shuttling siRNA into tumors after being infused into the bloodstream of patients;
* Presence of RONDEL inside tumors in a dose-dependent manner, meaning that the higher a dose administered to a patient, the higher number of nanoparticles reach the intended target;
* Specific reduction in target mRNA (often referred to as “mRNA knockdown”) encoding for the M2 subunit of ribonucleotide reductase (RRM2), a widely-recognized cancer target that CALAA-01 is engineered to decrease;
* Specific reduction in target RRM2 protein levels (often referred to as “protein knockdown”);
* Indication that the mRNA and protein knockdown are mediated by delivered siRNAs and the RNAi mechanism as evidenced by accepted 5’-RACE analysis, proving that RONDEL is capable of enabling RNAi in humans.

For the past decade, the field of RNAi therapeutics has been the focus of much investigational effort and investment. RNAi as a platform is widely considered a potentially revolutionary new way of treating a wide array of diverse diseases, including many conditions that are currently considered “undruggable.” It is an extremely powerful therapeutic tool because the production of any protein can potentially be “turned down” in a very specific way. As a result, investment in RNAi therapeutics has been widespread and is a major focus by most large pharmaceutical companies. However, the promise of RNAi as a new therapeutic class has not yet been realized. This has been, in large part, due to the lack of an effective and safe system for delivering highly fragile siRNA to intended tissues and cells. With its deep expertise and long experience in drug delivery technology, Calando recognized this opportunity to create significant value, and the current data suggest that it has capitalized on that opportunity.

“This breakthrough evidence provides important validation for siRNA-based therapeutics in general, as well as for our proprietary RONDEL delivery system, and for our lead siRNA therapeutic candidate, CALAA-01,” said Dr. Christopher Anzalone, CEO of Arrowhead. “We congratulate the investigational team for their exceptional work and are gratified that our many years of support and investment in this technology have made this moment in medical history possible. We believe we are nearing the time when siRNA therapeutics can begin to make a historic leap from science to applied medicine, where it can truly make a difference as viable treatments for patients with a variety of prevalent unmet medical needs.

“These important proof-of-concept data position us well as we look to the next phase of Calando’s development. Effective systemic delivery of siRNA has been referred to as the Holy Grail of RNAi therapeutics, and we have now shown that we can accomplish this in humans. We have always believed that great value would be created by the first company to demonstrate the following in humans: (1) siRNA delivery vehicles inside tumor cells; (2) target mRNA knockdown; (3) target protein knockdown; and (4) evidence that effects were mediated by the RNAi mechanism. We have now shown these, so we continue to see Calando as an attractive candidate for partnering and licensing opportunities both with respect to CALAA-01 as a specific drug candidate, as well as with RONDEL as a broad, flexible siRNA delivery system for delivering virtually any other oncology-related siRNA sequence. We are now focused on treating more patients at both UCLA and START. Importantly, we are not seeing drug-related SAEs, so while we have entered a dose range capable of triggering RNAi, we believe we are still far from a maximum tolerated dose (MTD). We intend to continue to escalate doses in search of that MTD,” Dr. Anzalone concluded.

Calando’s RONDEL siRNA delivery platform is designed to self-assemble with any siRNA therapeutic and to easily incorporate many different targeting molecules, making the platform potentially applicable to many disease indications beyond cancer. Importantly, the sugar-based system has not shown the immune system activation caused by other lipid-based siRNA delivery systems in pre-clinical and clinical development.

Conference Call

Arrowhead Research will conduct a conference call on Tuesday, March 23, 2010 at 1:30 p.m. Pacific time to discuss the data and its implications. To participate in the conference call, please dial (877) 407-4134 toll free from the US or Canada, or (201) 689-8430 from outside the US. Investors may also access a live audio web cast of this conference call on the Company's website at www.arrowheadresearch.com.

A replay of the webcast will be available approximately two hours after the conclusion of the call. The webcast replay will remain available for 90 days. An audio replay will also be available approximately two hours after the conclusion of the call and will be made available until Friday, March 26, 2010. The audio replay can be accessed by dialing 877-660-6853 toll free from the US or Canada, or 201-612-7415 internationally, and entering account number 356 and encore passcode number 347571.

About RONDELTM

Calando's RONDEL delivery system extends the reach of RNAi therapeutics by answering the new field’s most pressing need — an effective and safe systemic delivery method.

The RONDEL system takes advantage of molecular forces that generate self-assembly of an siRNA containing nanoparticle therapeutic. Comprised of three components and siRNA, the system is engineered to form targeted, stabilized, siRNA-containing nanoparticles of less than 100nm in diameter that target specific tissues and fully protect the siRNA from degradation in serum.

Upon delivery to the target cell, the nanoparticle binds to membrane receptors on the cell surface and the siRNA-containing nanoparticle is taken into the cell by endocytosis. There, chemistry built into the system unpacks the siRNA from the delivery vehicle. The siRNA is deposited into the cytoplasm of the cell where it can access the cellular machinery for RNA interference.

Benefits of the RONDEL system include more effective delivery, modular design to allow easy exchange of the active siRNA ingredient and targeting agent, fewer immune reactions and increased stability. RONDEL is also designed to work with human physiology and cell biology to overcome the extra- and intra-cellular barriers to siRNA delivery.

About CALAA-01

CALAA-01, Calando's leading drug candidate, is a combination of RONDEL™ and a patented siRNA targeting the M2 subunit of ribonucleotide reductase, a clinically-validated cancer target. Ribonucleotide reductase catalyzes the conversion of ribonucleosides to deoxyribonucleosides and is necessary for DNA synthesis and replication; it is a critical component in the proliferation of cancer cells. Calando's siRNA and CALAA-01 have demonstrated potent anti-proliferative activity across multiple types of cancer cells. The targeting agent in CALAA-01 is transferrin, a blood plasma protein for iron delivery. Transferrin receptors have been shown to be up regulated in many types of cancer cells.

About the CALAA-01 Phase I Trial

This is an open-label, dose-escalating study of the safety of intravenous CALAA-01 in adults with solid tumors refractory to standard-of-care therapies. Patients who satisfy the inclusion and exclusion criteria receive two, 21-day cycles of CALAA-01. A cycle consists of four infusions administered on days 1, 3, 8, and 10 followed by 11 days of rest. If safe, a second 21-day cycle is administered consisting of infusions on days 22, 24, 29, and 31 followed by 11 days of rest. For information about the CALAA-01 clinical trials, please visit www.clinicaltrials.gov.

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To: mikehunt2 who wrote (121)3/22/2010 11:50:04 AM
From: Glenn Petersen1 Recommendation   of 154
 
Given the market reaction, this is obviously big news.

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To: mikehunt2 who wrote (121)3/22/2010 2:54:45 PM
From: zx   of 154
 
It is going to be a good today pricewise.
The funny thing is I bought the stock because of the knee joint medical therapy,

But a cure for cancer is also good (g).

This stock is not a one trick pony.

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From: mikehunt23/24/2010 12:50:04 PM
1 Recommendation   of 154
 
Calando, CalTech Researchers Publish Phase I Data on siRNA Cancer Drug
March 22, 2010
Type size: - + Email Printer-friendly version RSS Feed View on one page By Doug Macron

Researchers from Calando Pharmaceuticals this week published phase I data in Nature showing that the company's lead siRNA-based cancer drug CALAA-01 could knock down its intended target mRNA and protein inside a tumor through an RNA interference mechanism when delivered intravenously.

The data, which were generated in collaboration with a team from the California Institute of Technology, "demonstrate that RNAi can occur in a human from a systemically delivered siRNA, and that siRNA can be used as a gene-specific therapeutic," the investigators wrote in the paper.

For Calando's parent firm Arrowhead Research, the publication marks an important milestone in the company's efforts to secure a partner for the program and its proprietary delivery technology, dubbed Rondel.

"There are literally hundreds of delivery strategies that are out there preclinically," Arrowhead CEO Christopher Anzalone told RNAi News this week. "Now, we can show [these] data and show that we're capable of [achieving an RNAi effect] in the clinic. … We view these data and the anticipation of more clinical data as our big separator" from other technologies in the field.

Earlier this year, Anzalone said that Arrowhead had put negotiations with potential Calando partners on hold in anticipation of the publication of the CALAA-01 data (see RNAi News, 2/18/2010).

"We wanted this paper to come out [first], and then start to have some sort of discussions based on [the data] … because we didn't want to threaten the publishability of the data," he said this week. "Now that it's out … we expect to start having at least loose partnership discussions fairly soon."

As far as the kinds of deals Arrowhead would consider, Anzalone said that the firm is not going to enter discussions "with any preconceived notions. We're going to wait to see how those pan out."

Product-specific deals, platform licenses, and a merger or acquisition are possibilities, he noted. "We're just going to see what looks best as we go down that road."

One thing he said that is not a likely possibility is Calando fully developing CALAA-01 on its own. "We do not expect that you will see a drug on the market that is marketed by Calando," Anzalone said. "We don't see that as a viable model for us — to bring this all the way through the clinic and to sell this under our own label. Short of that, everything is on the table."

Anzalone also said that Calando would consider taking CALAA-01 into phase II on its own if it cannot find a partner by the end of phase I development.

He declined to offer any guidance on how long it might take for Arrowhead to consummate a deal, but added that "the good news is that we're not waiting for this to happen. We will continue to dose patients [in the ongoing phase I study] and continue to generate more data on higher doses, and of course expand the number of patients who have been treated."

Importantly, Calando has not achieved the maximum tolerated dose in the phase I trial, and that "we are not yet dosing at the highest dose of our protocol." He added that the company will "likely" amend the study's protocol to include doses higher than initially planned.

Anzalone declined to specify how many patients have thus far been treated in the trial. He also said that Arrowhead was not providing guidance on when the study may wrap

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