Interleukin Genetics and Kaiser Permanente's Center for Health Research Collaborate to Study Genetic Risk Factors for Chronic Diseases.Business Editors and Health/Medical Writers WALTHAM, Mass.--(BW HealthWire)--Dec. 19, 2001 Interleukin interleukin Any of a class of naturally occurring proteins important in regulation of lymphocyte function. Several known types are recognized as crucial constituents of the body's immune system (see immunity). Genetics, Inc. (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 : ILGN) announced today that it has entered into a research collaboration with Kaiser Permanente's Center for Health Research (CHR CHR canine hypoxic rhabdomyolysis. ) in Portland, Ore., to study genetic risk factors for chronic diseases that are affected by inflammation. Knowledge resulting from this work will enable Interleukin Genetics to develop new diagnostic tools that physicians and health care organizations can use to assess their patients' genetic risks for many diseases. Health care providers and health care organizations are constantly searching for tools to help their patients achieve more years of healthy life. Recent advances in genetics hold promise for achieving this goal. In particular, the study of common genetic variations provides a new way for physicians to identify at-risk patients so they can provide effective preventive care. "We are pleased to announce our collaboration with one of the nation's premier health care research institutions," said Philip R. Reilly, MD, JD, 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 Interleukin Genetics. "We believe this collaboration will be a catalyst for a new era in disease prevention, disease management, and health care resource management. The products resulting from this study will represent a new application of genetics and personalized medicine in the health care field. We hope to announce soon the first product that we will develop under this collaboration." "The Center for Health Research is pleased to be investigating this important new phase of disease identification, prevention, and management," said Mary L. Durham, Director, Kaiser Permanente's Center for Health Research, and Vice President for Research, Kaiser Permanente. "We believe this research can lead to much-needed advances in our ability to identify people's disease risks so that physicians can provide the right preventive care to the right patients at the right time." "Our two organizations complement each other's strengths," added Jonathan B. Brown, PhD, senior investigator at CHR and the study's principal investigator. "Genes probably predict half the diabetes, heart disease, and other chronic illnesses that kill most Americans and consume 80 percent of America's health care dollars. As a practical matter genes have been invisible to physicians and patients until very recently, so this work on identifying genetic risk factors is going to be very exciting." Financial terms of the agreement were not disclosed. About Interleukin Interleukin Genetics is a pharmacogenetics Pharmacogenetics Definition Pharmacogenetics is the study of how the actions of and reactions to drugs vary with the patient's genes. Description company focused on a personalized approach to medicine. The company has identified a number of IL-1 genetic variations and established their role in several inflammatory diseases. The company develops and commercializes risk assessment and pharmacogenetic tests based on genetic factors that regulate control points in the inflammatory process and, through collaboration with others, applies genetics in the development of therapeutics. The company has a growing portfolio of patents covering the genetics of several diseases and is developing products addressing rheumatoid arthritis rheumatoid arthritis Chronic, progressive autoimmune disease causing connective-tissue inflammation, mostly in synovial joints. It can occur at any age, is more common in women, and has an unpredictable course. , cardiovascular disease Cardiovascular disease Disease that affects the heart and blood vessels. Mentioned in: Lipoproteins Test cardiovascular disease , osteoporosis, and complications of diabetes. The company markets PST PST Paroxysmal supraventricular tachycardia, see there (R), a risk assessment test for periodontal disease Periodontal Disease Definition Periodontal diseases are a group of diseases that affect the tissues that support and anchor the teeth. Left untreated, periodontal disease results in the destruction of the gums, alveolar bone (the part of the jaws where that is currently available in the U.S. and most of Europe. About Kaiser Permanente's Center for Health Research Kaiser Permanente's Center for Health Research (CHR), founded in 1964, is a not-for profit research institute that conducts public domain research to improve the health of all people and to inform health policy. CHR sets it research agenda, competes for funding from government and other sources, and publishes its research in peer-reviewed publications. Kaiser Permanente is America's leading integrated health care integrated health care, n healthcare services combining the best of conventional and complementary health care. organization. Founded in 1945, it is a non-profit, group-practice prepayment program with headquarters in Oakland, California. Kaiser Permanente serves the health care needs of 8 million members in 11 states and the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). . Participation in this collaboration by Kaiser Permanente's Center for Health Research (CHR) does not imply an endorsement, either by CHR or by Kaiser Permanente, of products that Interleukin Genetics may develop from this research. Certain statements contained herein are "forward-looking" statements (as such term is defined in 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). Because such statements include risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements include, but are not limited to, risk of market acceptance of Company products, ability of the Company to raise necessary capital, risk of technology and products obsolescence ob·so·les·cent adj. 1. Being in the process of passing out of use or usefulness; becoming obsolete. 2. Biology Gradually disappearing; imperfectly or only slightly developed. , delays in development of products, reliance on partners, competitive risks and those risks and uncertainties described in the Company's Form S-3 as amended, filed on March 5, 2001 (Commission file #333-56558), and the Company's Report on Form 8-K Form 8-K The form required by the SEC when a publicly held company incurs any event that might affect its financial situation or the share value of its stock. Form 8-K See 8-K. dated May 29, 2001, and in other filings made by the Company with Securities and Exchange Commission. The Company disclaims any obligation to update these forward-looking statements. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion