European Patent Granted
08 February 2010
Lipoxen's Polysialylated G-CSF StimuXen™ Technology
Granted European Patent
Lipoxen plc (AIM: LPX), a bio-pharmaceutical company
specialising in the development of high-value differentiated
biologicals, vaccines and siRNA delivery, announces that it has
been granted patents for its Polysialylated GCSF StimuXen™
Technology in six European territories, including the UK, Germany,
France, Spain, Italy and Switzerland.
This technology is based on polysialic acid (PSA, a polymer
occurring naturally in humans), which extends a protein's active
life. PSA is biodegradable, non-immunogenic and non-toxic and is
also therefore expected to avoid the toxicity attributed to
polyethylene glycol (PEG) in PEGylated protein drug candidates.
StimuXen™ uses Lipoxen's patented PolyXen™ technology to attach
polysialic acid onto the N-terminal of G-CSF to produce
polysialylated G-CSF. The patent application related to it is
recent and has now been granted in Europe. Preclinical work with
StimuXen™ has shown improved pharmacokinetics and pharmacodynamics
which are similar to those of the longest-acting version of G-CSF
on the market whose patent expires in 2015. G-CSF generated global
sales of $5.2B in 2008.
How it works
The G-CSF (granulocyte-colony stimulating factor) stimulates the
bone marrow to produce more white blood cells (WBC).
A major side effect of chemotherapy is a reduction in the number
of WBC which can lead to a patient's reduced ability to fight
infection, consequent to which chemotherapy may be postponed or the
dose lowered, neither outcome being optimal for the preferred
treatment. Prescription of G-CSF acts to protect the body's level
of WBC during chemotherapy and is usually administered daily for up
to 14 days.
The leading currently available G-CSF therapy is administered
once with each cycle of chemotherapy. Lipoxen expects that the
improved StimuXen™ GCSF will have a similar treatment profile.
Commenting on the patent grant, M. Scott Maguire, CEO of
Lipoxen, said: "We are confident that StimuXen™, which is
currently in pre-clinical development, could be as successful as
our two potential billion dollar blockbuster products in clinical
development, SuliXen™, a long acting insulin, and ErepoXen™, a
long-acting erythropoietin (EPO) both of which are based on this
PolyXen™ technology."
Enquiries:
|
Lipoxen plc
|
+44 (0)20 7389 5015
|
|
M. Scott Maguire, Chief Executive Officer
|
|
|
|
|
|
Singer Capital Markets (nominated adviser)
|
+44 (0)20 3205 7500
|
|
Jeff Keating / Claes Spång
|
|
|
|
|
|
Noble & Company
|
+44 (0) 20 7763 2200
|
|
James Bromhead / Sam Reynolds
|
|
|
|
|
|
Buchanan Communications
|
+44 (0)20 7466 5000
|
|
Lisa Baderoon, Catherine Breen
|
|