Large Scale Biology Corporation and Phylogix, Inc. Form Bioprocessing Alliance: Goal to produce therapeutic plant protein to alleviate tissue damage by chemotherapy.Business Editors/Health & Medical Writers VACAVILLE, Calif.--(BW HealthWire)--June 10, 2002 Phylogix, Inc. of Scarborough, Maine Scarborough is a town in Cumberland County on the southern coast of Maine. It is located about 7 miles (10 km) south of Portland. Since 1969, the town has had a Council-manager government. and Large Scale Biology Corporation (Nasdaq:LSBC LSBC Law Society of British Columbia LSBC Large Scale Biology Corporation LSBC Lone Star Bulldog Club LSBC Lasalle & Bureau County Railroad Company LSBC Lifesaver for Babies and Children (St John Ambulance, UK) LSBC Lone Star Bit Company ) have formed a bioprocessing alliance to develop and manufacture Phylogix, Inc.'s lead therapeutic protein, a native protein in hyacinth Hyacinth, in Greek mythology Hyacinth (hī`əsĭnth) or Hyacinthus (hīəsĭn`thəs), in Greek mythology, beautiful youth loved by Apollo. seeds called FRIL. The protein represents a novel chemoprotective agent that, in animals, has demonstrated a unique ability to protect normal tissues from the toxic side effects Side effects Effects of a proposed project on other parts of the firm. of chemotherapy. LSBC's Owensboro, Kentucky Owensboro is the third largest city in Kentucky and the county seat of Daviess County.GR6 It is located on U.S. Highway 60 about 32 miles southeast of Evansville, Indiana and is the principal city of the Owensboro, Kentucky Metropolitan Statistical Area. biomanufacturing facility will grow the hyacinth plants in the field and greenhouse, then harvest and purify the active ingredient An active ingredient, also active pharmaceutical ingredient (or API), is the substance in a drug that is pharmaceutically active. Some medications may contain more than one active ingredient. for projected clinical trials. At LSBC's Vacaville headquarters, President John D. Fowler called the new alliance "doubly significant, both for the revenue opportunity it represents for LSBC and the commercial validation of our large-scale capabilities to manufacture and purify plant proteins using our proprietary technology." The Phylogix alliance further validates LSBC's capabilities to produce, extract and purify proteins in plants on a commercial manufacturing scale. LSBC's expertise in agronomics, process development, analytical development, cGMP manufacturing, and regulatory experience provide a comprehensive manufacturing platform for plant therapeutic product development. LSBC recently expanded its Owensboro biomanufacturing facility to enable versatile commercial-scale protein manufacturing, including its internally developed therapeutic vaccine therapeutic vaccine Immunology A vaccine–eg, Salk's Remune™ intended to treat a viral infection by stimulating the immune system. See Vaccine therapy. for non-Hodgkin's lymphoma non-Hodg·kin's lymphoma n. Any of various malignant lymphomas characterized by the absence of Reed-Sternberg cells. Non-Hodgkin's lymphoma , which will enter Phase II clinical trials later this year. "We are delighted to be working with LSBC, a world leader in large-scale biomanufacturing of proteins in plants. Entering into an alliance with LSBC to manage the agronomics and manufacture our lead drug candidate brings Phylogix closer to its goal of developing a drug to improve the health and quality of life for chemotherapy patients," said Phylogix President, Jeffrey G. Moore, Ph.D. About Phylogix, Inc. Phylogix, Inc. is a privately held biotechnology company in Scarborough, Maine developing a novel class of therapeutics designed to protect and repair tissues damaged by chemotherapy. Its lead compound, the plant lectin lectin /lec·tin/ (lek´tin) any of a group of hemagglutinating proteins found primarily in plant seeds, which bind specifically to the branching sugar molecules of glycoproteins and glycolipids on the surface of cells. called FRIL, has the unique ability to isolate and preserve stem cells stem cells, unspecialized human or animal cells that can produce mature specialized body cells and at the same time replicate themselves. Embryonic stem cells are derived from a blastocyst (the blastula typical of placental mammals; see embryo), which is very young . Phylogix seeks to translate these properties into a novel class of plant-based therapeutic agents. About Large Scale Biology Corporation Large Scale Biology uses its functional genomics Noun 1. functional genomics - the branch of genomics that determines the biological function of the genes and their products genomics - the branch of genetics that studies organisms in terms of their genomes (their full DNA sequences) , proteomics, and biomanufacturing technologies to develop and manufacture personalized drugs, vaccines and diagnostics for rapid identification and effective treatment of disease. Corporate offices and the Genomics Division are headquartered in Vacaville, California Vacaville, California is located in Solano County, California, United States, between Sacramento and San Francisco. As of the 2000 census, the city had a total population of 88,625. ; the Company's Proteomics Division is located in Germantown, Maryland; and the Company's Bioprocessing Division is located in Owensboro, Kentucky. For more information about Large Scale Biology Corporation, visit the Company's website at www.lsbc.com. Some statements contained in this release constitute forward-looking statements that involve substantial risks and uncertainties. In some cases, you can identify these statements by words such as "may," "will," "should," "expect," "plan," "anticipate," "believe," "estimate," or "continue" and variations of these words or comparable words. In addition, any statements which refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. These forward-looking statements involve risks, uncertainties and situations that may cause our actual results, level of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these statements. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. You should not place undue reliance on these forward-looking statements, which apply only as of the date of this release. For a further list and description of such risks and uncertainties see the reports filed by Large Scale Biology Corporation with the Securities and Exchange Commission, including our reports on Forms 10-K and 10-Q. Except as required by law, we do not undertake to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. LSBC(TM) is a trademark of Large Scale Biology Corporation. |
|
||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion