Cytel Corporation Receives Patent for Improved Carbohydrate Synthesis Technology.SAN DIEGO--(BW HealthWire)--May 19, 1998--Cytel Corporation (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :CYTL) today announced it has received a patent from the United States Patent and Trademark Office The United States Patent and Trademark Office (PTO or USPTO) is an agency in the United States Department of Commerce that provides patent protection to inventors and businesses for their inventions, and trademark registration for product and intellectual property (No. 5,728,554) for an improved carbohydrate synthesis method based on its proprietary Sugar Nucleotide Cycling(TM) (SNC SNC St Norbert College (De Pere, Wisconsin) SNC Sistema Nervioso Central SNC Société en Nom Collectif (French: Partnership) SNC Système Nerveux Central (French: central nervous system) ) technology. The patent covers a novel method of controlling enzymatic reactions, resulting in increased yields of specialized carbohydrates approaching 100%. "This patent represents an important increase in the coverage of our SNC technology," said Virgil Thompson, Cytel's president and chief executive officer. "Traditionally, it has been very difficult to work with carbohydrates due to the high cost associated with producing these complex compounds. With this exclusive technology, Cytel is capable of providing these specialized molecules more cost effectively." The patent specifically covers the enzymatic synthesis of oligosaccharides oligosaccharides (ol´igōsak´ n. (complex carbohydrates complex carbohydrates, n.pl polysaccharides; nutritional compounds composed of multiple monosaccharide (simple sugar) building blocks. Complex carbohydrates include starches, glycogen, and cellulose. ) using specialized recombinant enzymes called glycosyltransferases. These enzymes have the ability to form the appropriate chemical linkages necessary in creating tailor-made carbohydrate products. "SNC is a powerful proprietary technology, enabling large-scale and highly specific carbohydrate production," said Jim Paulson, chief scientific officer and general manager of Glytec(TM). "Our Glytec business unit specializes in manufacturing carbohydrates for corporate partners seeking to accelerate development of new drug targets or novel consumer products. We are pleased to add to and protect this unique technology." Sugar Nucleotide Cycling(TM) technology is used for the assembly of complex and specific bioactive bi·o·ac·tive adj. Of or relating to a substance that has an effect on living tissue. bioactive having an effect on or eliciting a response from living tissue. carbohydrates on a commercial scale and is also useful for synthetic remodeling remodeling /re·mod·el·ing/ (re-mod´el-ing) reorganization or renovation of an old structure. bone remodeling of carbohydrates or recombinant glycoproteins. The technology imitates the natural carbohydrate synthesis process requiring a cascade of chemical reactions initiated by specialized enzymes. The method is more time and cost effective than other chemical synthesis technologies. Cytel discovers and develops cell adhesion inhibitors for treatment of acute and chronic inflammation chronic inflammation n. Inflammation that may have a rapid or slow onset but is characterized primarily by its persistence and lack of clear resolution; it occurs when the tissues are unable to overcome the effects of the injuring agent. , and manufactures bioactive carbohydrates for use in medical and consumer products. Epimmune Inc., its subsidiary, is focused on the discovery and development of a new generation of safer, more potent vaccines for the prevention and treatment of cancer and infectious diseases. -0- This press release includes forward-looking statements that reflect management's current views of future events. Actual results may differ materially from the above forward-looking statements due to a number of important factors, including but not limited to the risks associated with successfully negotiating and completing definitive agreements for any corporate collaboration, the timing and cost of conducting human clinical trials, the regulatory approval process, and the possibility that testing may reveal undesirable and unintended side effects Side effects Effects of a proposed project on other parts of the firm. or other characteristics that may prevent or limit the commercial use of proposed products. These factors are more fully discussed in Cytel's most recent Forms 10-K and 10-Q. CONTACT: Company Contact Cytel Corporation Virgil Thompson -- President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , 619/552-3000 or Media Contact Mentus, Inc. Linda Seaton/Kelly Steeves 619/455-5500 ext. 133/ext. 129 or Investor Contact Mentus, Inc. Timothy Scott, 619/455-5500 ext. 132 |
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