Geron Announces Issuance of Telomerase Patents
MENLO PARK, Calif.--(BW HealthWire)--July 10, 1997--Geron Corporation (NASDAQ:GERN) today announced the issuance of three important U.S. patents providing protection for the company's telomerase therapeutic and diagnostic development programs. Telomerase, which plays a critical role in cancer, is believed to be the enzyme which confers life-threatening replicative immortality on cancer cells. Since it is active in all cancer types studied, telomerase is a potentially universal target for treating cancer. The enzyme also appears to be highly specific to cancer cells, suggesting that patients receiving telomerase inhibition therapy should not experience the side effects associated with today's cancer treatments. The apparent universality and specificity of telomerase also means the enzyme may have important diagnostic applications. The first patent (U.S. patent No. 5,645,986, issued July 8) relates to Geron's proprietary telomerase inhibitor screening assay in which a test agent is incubated with telomerase, and a probe is used to detect telomerase products. The method is broadly applicable to high throughput screening automation. This patent arose through a collaboration between Geron, The University of Texas Southwestern Medical Center, and the University of California, San Francisco. The second patent (U.S. patent No. 5,629,154, issued May 13) covers Geron's novel assay for telomerase activity, called Telomeric Repeat Amplification Protocol (TRAP), and related assays. Together with the July 8 patent, Geron has now patented the most widely used telomerase activity assay, as well as broadly applicable screening technology to identify telomerase inhibitors. The third patent (U.S. patent No. 5,639,613, issued June 17) claims cancer prognostic methods in which the level of telomerase activity in a cancer cell or tumor is correlated with the severity of the disease. This patent is issued to Geron's collaborator, the University of Texas Southwestern Medical Center at Dallas, and licensed exclusively to Geron. "These patents complement Geron's extensive patent portfolio, giving us an unusually strong proprietary position in the field of telomerase and cancer," said Ronald W. Eastman, Geron president and chief executive officer. "They enhance Geron's ability to develop a telomerase inhibitor as a novel cancer therapeutic and to develop telomerase as the cancer marker of choice for oncologists. "We believe telomerase-based diagnostics will enable physicians to better detect cancer, determine its severity and prescribe appropriate treatment. In addition, we expect the diagnostic products to pave the way for introduction of telomerase inhibitors for the treatment of cancer." Geron Corporation is a biopharmaceutical company focused on discovering and developing therapeutic and diagnostic products based upon the company's understanding of telomeres and telomerase in cells, fundamental biological mechanisms underlying cancer and other age-related diseases. Note: This release moved over Business Wire July 10, 1997 This press release may contain forward-looking statements which are subject to change. Actual results may differ materially from those described in any forward-looking statements. Additional information on potential factors that could affect the company's results are included in the company's Quarterly Report on Form 10-Q for the quarter ended March 31, 1997. CONTACT: Geron Corporation, Kevin Kaster or David Greenwood, 415/473-7700 or StratiPoint Group, Inc., Mike Jackman, 415/388-3216 |