regarding REGN, hot off the press......
University of Texas Southwestern Medical Center and Regeneron receive U.S. patent covering MAP kinase DALLAS, Texas/TARRYTOWN, New York--(BW HealthWire)--April 4, 1997-- Enzyme recently shown to be hyperexpressed in breast cancer The University of Texas Southwestern Medical Center at Dallas and Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) announced that they have received U.S. Patent No. 5,595,904 entitled "Family of MAP2 Protein Kinases." MAP kinases are intracellular enzymes that play a critical role in the regulation of cell growth. In a recent paper published in the Journal of Clinical Investigation, MAP kinase (also known as ERK2, extracellular signal-regulated kinase 2, the subject of the UT Southwestern-Regeneron patent) was shown to be hyperexpressed and hyperactivated in breast cancer. In that paper, Dr. Craig Malbon and colleagues, from the University Medical Center at the State University of New York at Stony Brook, suggest that: "Hyperexpression of MAP kinase may be a critical event in the initiation/progression of human breast carcinoma and derivative metastases." The patent is the result of work led by Dr. Melanie Cobb, professor of pharmacology at UT Southwestern, and Dr. George Yancopoulos, Vice President, Discovery, at Regeneron. Regeneron is the exclusive licensee of UT Southwestern for this patent. Dr. Cobb's laboratory studies the pathways of various protein kinases. She and Dr. John Minna, professor of pharmacology at UT Southwestern and Director of the Hamon Center for Therapeutic Oncology Research, have been investigating whether MAP kinases play any role in breast or other forms of cancer. Regeneron is a leader in the application of molecular and cell biology to identify novel therapeutics for human medical conditions. Regeneron is applying its expertise in protein growth factors, their receptors, and their mechanisms of action to the discovery and development of neurotrophic factors for the potential treatment of neurodegenerative diseases, peripheral neuropathies, and nerve injury. In addition, Regeneron has used its technological expertise to attempt to identify treatments for diseases and conditions outside the nervous system, including muscle, inflammation, angiogenesis, hematopoiesis, and cancer. This news release discusses historical information and includes forward looking statements that involve a number of risks and uncertainties, such as risks associated with preclinical and clinical development in the biotechnology industry, determinations by regulatory and administrative governmental authorities, competitive factors, technological developments, costs of developing, producing and selling products, and the risk factors listed or described from time to time in Regeneron's filings with the Securities and Exchange Commission, including, but not limited to, the report on Form 10-K for the year ended December 31, 1996. Regeneron's recent news releases can be obtained by dialing (800) 311-0841 for fax copies or by accessing the Internet at www.businesswire.com. CONTACT: UT Southwestern Susan A. Steeves (214) 648-3404 or Regeneron Contacts: Murray A. Goldberg Vice President Finance and Administration and CFO Regeneron Pharmaceuticals, Inc. (914) 345-7492 or Michael Gross, Partner Robinson Lerer & Montgomery (212) 484-7721 |