Genome Therapeutics Receives Patent for Genetic Sequences of Pseudomonas aeruginosa, Common Cause of Hospital Infections.Business Editors/Health/Medical Writers WALTHAM, Mass.--(BUSINESS WIRE)--May 7, 2003 Increases Intellectual Property Position in Anti-Infectives Research The U.S. Patent and Trademark Office has issued patent No. 6,551,795 to Genome Therapeutics (Nasdaq: GENE) to cover the genetic sequences of Pseudomonas aeruginosa Pseudomonas aeruginosa A normal soil inhabitant and human saprophyte that may contaminate various solutions in a hospital, causing opportunistic infection in weakened Pts Clinical Infective endocarditis in IVDAs, RTIs, UTIs, bacteremia, meningitis, 'malignant' (P. aeruginosa). P. aeruginosa is a naturally occurring Gram-negative bacterium that causes serious infections in immunocompromised immunocompromised /im·mu·no·com·pro·mised/ (-kom´pro-mizd) having the immune response attenuated by administration of immunosuppressive drugs, by irradiation, by malnutrition, or by certain disease processes (e.g., cancer). individuals, and is the fourth most common disease-causing pathogen in the hospital. The receipt of this patent strengthens the Company's intellectual property position, complements the Company's infectious diseases research program and validates our strategic approach to securing patent protection for medically-relevant pathogen sequences. "Our research into novel treatments and diagnostics for diseases caused by serious pathogens is supported by our growing intellectual property portfolio," stated Richard Labaudiniere, Ph.D., Senior Vice President, Research & Development at Genome Therapeutics. "This patent underscores our leadership position in the understanding of the causes of many of the most common and virulent organisms affecting hospitalized patients." Infections caused by P. aeruginosa often strike immunocompromised patients, including cystic fibrosis cystic fibrosis (sĭs`tĭk fībrō`sĭs), inherited disorder of the exocrine glands (see gland), affecting children and young people; median survival is 25 years in females and 30 years in males. sufferers, burn victims and cancer patients, and can be resistant to standard antibiotic treatments. P. aeruginosa is a well-studied pathogen due to its ability to adapt to and thrive in varying environmental conditions. Most infections caused by P. aeruginosa occur in the hospital, where the bacterium is responsible for over 10 percent of all nosocomial infections Nosocomial infections Infections that were not present before the patient came to a hospital, but were acquired by a patient while in the hospital. Mentioned in: Enterobacterial Infections, Staphylococcal Infections . Often serious, P. aeruginosa infections are caused by two virulent protein toxins secreted by the bacterium, Exotoxin exotoxin /exo·tox·in/ (ek´so-tok?sin) a potent toxin formed and excreted by the bacterial cell, and free in the surrounding medium. A and Exoenzyme exoenzyme /exo·en·zyme/ (-en´zim) an enzyme that acts outside the cell which secretes it. ex·o·en·zyme n. See extracellular enzyme. S. About Genome Therapeutics Genome Therapeutics is a biopharmaceutical company focused on the discovery and development of pharmaceutical and diagnostics products. The Company's lead product candidate, Ramoplanin, is currently under Phase III investigation for the prevention of bloodstream infections caused by vancomycin-resistant enterococci enterococci bacteria in the genus Enterococcus. (VRE VRE vancomycin-resistant enterococcus. VRE Vancomycin-resistent enterococcus, see there ), and under Phase II investigation for the treatment of Clostridium clostridium Any of the rod-shaped, usually gram-positive bacteria (see gram stain) that make up the genus Clostridium. They are found in soil, water, and the intestinal tracts of humans and other animals. Some species grow only in the complete absence of oxygen. difficile-associated diarrhea (CDAD CDAD Clostridium Difficile-Associated Diarrhea CDAD Component Data Administrator ). Genome Therapeutics' biopharmaceutical business includes a robust internal drug discovery program in the area of anti-infectives, and seven major product discovery alliances with several pharmaceutical companies including Amgen, AstraZeneca, bioMerieux, Schering-Plough and Wyeth. This news release may contain forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. Forward-looking statements represent our management's judgment regarding future events. Forward-looking statements typically are identified by use of terms such as "may," "will," "should," "plan," "expect," "intend," "anticipate," "estimate," and similar words, although some forward-looking statements are expressed differently. We do not plan to update these forward- looking statements. You should be aware that our actual results could differ materially from those contained in the forward- looking statements due to a number of risks affecting our business. These risk factors include risks related to our lead product candidate, Ramoplanin, such as (i) our inability to obtain regulatory approval to commercialize Ramoplanin due to negative, inconclusive or insufficient clinical data and (ii) delays in the progress of our clinical trials for Ramoplanin, and increased cost, due to the pace of enrollment of patients in the trials or fluctuations in the infection rate of enrolled patients. We are also subject to risks related to our inability or the inability of our alliance partners to (i) successfully develop products based on our genomics information, (ii) obtain the necessary regulatory approval for such products, (iii) effectively commercialize any products developed before our competitors are able to commercialize competing products or (iv) obtain and enforce intellectual property rights. In addition, we are subject to the risk factors set forth in Exhibit 99.1 to the Company's Annual Report on Form 10-K for the year ended December 31, 2002 and those set forth in other filings that we may make with the Securities and Exchange Commission from time to time. Note: Genome Therapeutics will hold its Annual Meeting of Shareholders on Thursday May 8, 2003 at Ropes & Gray, One International Place, 100 Oliver Street, 36th Floor, Boston, MA at 10:00 AM. |
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