HBIO Awarded Patent for ADMET Screening Technology.Business Editors and Health/Medical Writers BIOWIRE2K HOLLISTON, Mass.--(BUSINESS WIRE)--Dec. 3, 2002 Harvard Bioscience, Inc. (Nasdaq: HBIO) announced today that it has been awarded U.S. patent number 6,458,275 on a novel device called the Equilibrium Dialyzer dialyzer /di·a·lyz·er/ (di´ah-liz?er) hemodialyzer. di·a·lyz·er n. 1. A machine equipped with a semipermeable membrane and used for performing dialysis. 2. 96(TM). This device is used to screen potential drugs for their ADMET ADMET Acyclic Diene Metathesis ADMET Absorption, Distribution, Metabolism, Excretion, and Toxicity (drug properties) properties. ADMET stands for absorption, distribution, metabolism, elimination and toxicology toxicology, study of poisons, or toxins, from the standpoint of detection, isolation, identification, and determination of their effects on the human body. Toxicology may be considered the branch of pharmacology devoted to the study of the poisonous effects of drugs. . The process of determining the ADMET properties of a drug is widely viewed as a key bottleneck in the drug discovery process. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. independent studies (R. Lipper, Modern Drug Discovery, 1999) poor ADMET properties cause 63% of the failures of drugs during expensive late-stage clinical trials. This invention can significantly improve productivity in determining the distribution component of ADMET. In addition to ADMET screening, the device can also be used to screen potential drugs for their ability to attach themselves to disease related proteins without having to go through the complex and time consuming step of assay development using fluorescent or radioactive labels. Equilibrium dialysis equilibrium dialysis n. A method for determining the association constants for hapten-antibody reactions, by placing hapten and antibody in compartments separated by a semipermeable membrane, thereby allowing hapten to diffuse across the membrane until exploits the natural tendency of molecules to seek equilibrium (i.e., to diffuse from regions of higher concentration to regions of lower concentration). Drug molecules are typically much smaller than protein molecules. In equilibrium dialysis, the drug molecule is mixed with the protein and they are both added to one side of the 96 well plate. The other side is filled with water and the two sides are separated by a semi-permeable membrane. The drug molecules are small enough to diffuse through the membrane but the protein molecules are not. The semi-permeable membrane effectively acts as a molecular sieve A molecular sieve is a material containing tiny pores of a precise and uniform size that is used as an adsorbent for gases and liquids. Molecules small enough to pass through the pores are adsorbed while larger molecules are not. . If the drug molecules attach to the protein, the bound drug molecules will not be able to cross the membrane and equilibrium will be reached at a lower concentration of the drug molecule than if there is no binding of the drug to the protein. This change in concentration can be measured and is mathematically related to the strength of binding of the drug to the protein. The patent issued to Harvard Bioscience is for an equilibrium dialysis system that enables samples to be prepared simultaneously in multiples. The current model is a 96-well device that allows 96 samples to be prepared at one time thus enabling higher throughput than using conventional single sample devices. About Harvard Bioscience, Inc. Harvard Bioscience is a global developer, manufacturer and marketer of a broad range of specialized products, primarily scientific instruments, used to accelerate drug discovery research at pharmaceutical and biotechnology companies Top 100 Biotechnology Companies The following is a list of the top 100 biotechnology companies ranked by revenue. The first nine companies qualify for the list of the top 50 pharmaceutical companies. , universities and government laboratories worldwide. HBIO sells its products to thousands of researchers in over 100 countries through its direct sales force, its 1,000 page catalog (and various other specialty catalogs Specialty catalogs are a promotion and distribution technique commonly employed by direct marketers. They describe, graphically and verbally, a limited range of products. Specialty catalogs are a good promotion/distribution choice for new products. ), and through its distributors, including Amersham Biosciences and PerkinElmer. HBIO has sales and manufacturing operations Manufacturing operations concern the operation of a facility, as opposed to maintenance, supply and distribution, health, and safety, emergency response, human resources, security, information technology and other infrastructural support organizations. in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , the United Kingdom, Germany, Austria and Belgium with sales facilities in Japan, France and Canada. For more information please visit www.harvardbioscience.com The statements made in this press release that are not statements of historical fact are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements include, but are not limited to statements or inferences about the significance and effects of the issuance or allowance of intellectual property claims on the Company's competitive position or the effectivness of the Company's products, or on the Company's financial condition, results of operations or stock price. The Company may not update these forward-looking statements, even though its situation may change in the future, unless it has obligations under the Federal securities laws to update and disclose material developments related to previously disclosed information. |
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