Enzo Biochem Announces New Patent Allowances in Both the U.S. and Canada.Business Editors FARMINGDALE, N.Y.--(BUSINESS WIRE)--July 25, 2000 TECHNOLOGIES COVER NUCLEIC ACID nucleic acid, any of a group of organic substances found in the chromosomes of living cells and viruses that play a central role in the storage and replication of hereditary information and in the expression of this information through protein synthesis. APPLICATIONS AND ANTISENSE RNA antisense RNA an RNA sequence which is complementary to a functional RNA. Enzo Biochem, Inc. (NYSE NYSE See: New York Stock Exchange :ENZ) announced today that it has received notices of allowances for two patent applications - one in the U.S. covering broad applications in the field of nucleic acid technology and the second in Canada for antisense RNA (genetic antisense antisense, DNA or RNA manipulated in a laboratory so that its components (nucleotides) form a complementary copy of normal, or "sense," messenger RNA (mRNA; see nucleic acid). ). The U.S. Patent and Trademark Office issued a notice of allowance dealing with an invention that has numerous applications, including nucleic acid detection, quantification and purification, and determining genetic defects and mutations. The U.S. patent is expected to issue this year. The Canadian patent application covers Enzo's pioneering technology for antisense RNA. The Canadian Intellectual Property Office The Canadian Intellectual Property Office (CIPO) is the patent, trademark, and copyright administration body of Canada. See also
"This is good news for Enzo on all counts," said Elazar Rabbani, Ph.D., Chairman 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. of Enzo. "The U.S. patent allowance will further strengthen the Company's position in nucleic acid technology, and covers a technology that has already found wide favor in the marketplace. Canada's affirmation of Enzo's rights to our pioneering work in genetic antisense will allow us to move forward with this technology's promising applications, such as the Enzo-sponsored HIV HIV (Human Immunodeficiency Virus), either of two closely related retroviruses that invade T-helper lymphocytes and are responsible for AIDS. There are two types of HIV: HIV-1 and HIV-2. HIV-1 is responsible for the vast majority of AIDS in the United States. clinical trial now underway in the U.S." "Today's announcement," added Dr. Rabbani, "further enhances, we believe, the thrust of Enzo's research and development efforts over more than 20 years, the validation for which is growing increasingly evident in the broad array of products we are bringing to market and which other companies under distribution agreements are marketing." The allowed U.S. patent application, among other uses, covers compositions and processes for trapping nucleic acid on solid supports, a process used in the majority of nucleic acid probe test now being performed. Enzo already has a large number of patents for labeled nucleic acid probes and for their application. This allowance thus importantly further extends the Company's leading position in nucleic acid technology. The notice of allowance issued by the Canadian Intellectual Property Office is for a patent that covers basic use of antisense RNA in all cells and cellular material (eukaryotic eukaryotic /eu·kary·ot·ic/ (u?kar-e-ot´ik) pertaining to a eukaryon or to a eukaryote. eukaryotic pertaining to eukaryosis. eukaryotic cells see cell. and prokaryotic pro·kar·y·ote also pro·car·y·ote n. An organism of the kingdom Monera (or Prokaryotae), comprising the bacteria and cyanobacteria, characterized by the absence of a distinct, membrane-bound nucleus or membrane-bound organelles, and by DNA that alike), and broadly covers methods for regulating gene function in all cells using antisense RNA. It extends to antisense polynucleotide polynucleotide /poly·nu·cleo·tide/ (-noo´kle-o-tid) any polymer of mononucleotides. pol·y·nu·cle·o·tide n. constructs and to structures that increase the stability of antisense RNA, as well as non-human organisms containing antisense constructs, among others. The Phase I study of Enzo's HGTV-43 gene medicine for HIV-1 is the most direct application of this technology to date. Favorable preliminary results for this trial, which is being conducted at the University of California, San Francisco , has been reported and Enzo is working on plans for a Phase II clinical study involving antisense that would include AIDS patients. Enzo Biochem is engaged in the research, development and manufacture of innovative health care products based on molecular biology molecular biology, scientific study of the molecular basis of life processes, including cellular respiration, excretion, and reproduction. The term molecular biology was coined in 1938 by Warren Weaver, then director of the natural sciences program at the Rockefeller and genetic engineering techniques, and in providing diagnostic serves to the medical community. The Company's has approximately 200 patents worldwide, many of which cover proprietary labeling and detection products for gene sequencing and genetic analysis and are sold to the life science market throughout the world. The Company's therapeutic division is conducting two human clinical trials, one for HIV infected patients, and one for patients infected with hepatitis B virus. Other potential future therapeutic applications of Enzo's proprietary technologies are directed towards cholesterol management and the treatment of inflammatory bowel disease inflammatory bowel disease n. Abbr. IBD Any of several incurable and debilitating diseases of the gastrointestinal tract characterized by inflammation and obstruction of parts of the intestine. , including Crohn's disease and ulcerative colitis. The Company also holds a patent covering a method and materials for correcting point mutations or small insertions or deletions of genetic material, which would allow for editing and correcting certain abnormalities in genes. Except for historical formation, the matters discussed in this news release may be considered 'forward-looking" statements with the meaning of Section 27A c1f the Securities Act of 1933, as amended, and Section 211: of the Securities Exchange Act of 1934, As amended. Such statements include declarations regarding the intent, belief or current expectations of the Company and its management. Prospective investors are cautioned that any such forward-looking statements are nor guarantees of future performance and involve a number of risks and uncertainties that could materially affect actual results. |
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