From CYTO report -
Proteomics: AxCell Biosciences Corporation The objective of AxCell Bioscience, a wholly owned subsidiary of Cytogen, is to chart the protein signaling pathways in the human proteome as a means of discovering new drug targets. -- AxCell Biosciences has grown significantly in the first half of 2000, increasing from six employees in December, when it moved to a new state-of-the-art facility, to 22 people at present. We expect to continue to add employees in order to accelerate building of our proprietary protein interaction database. -- AxCell remains on schedule to reach our target for automation -- 200,000 interactions per month -- by the end of summer. We are currently considering renting additional laboratory space to further expand AxCell's research operations. -- AxCell remains on track to add over one million interactions to its database by the end of the year and to begin marketing its InterFunctional Proteomics Database in early 2001 via its partner, InforMax. Using the InforMax software and our own bioinformatic filters and algorithms, AxCell is making progress not only in cataloging protein/protein interactions, but in constructing pathways with these data. -- In the first half of the year, our protein mapping and drug discovery technology was awarded patents in the U.S., Japan and Australia. We are continuing to invest resources to build our patent portfolio of novel signaling proteins. Similarly, we are seeking intellectual property protection for proprietary algorithms that allow us to build protein signaling pathways and to identify likely drug targets within these newly discovered pathways. -- By the end of the year, AxCell expects to announce that they have completely characterized an entire domain family and all of the ligands to which the family members bind. Within two to four years, AxCell expects to have measured a significant proportion of the protein signaling interactions in human cells. -- AxCell's research goes beyond measuring protein interactions in a high- throughput system. In parallel, AxCell has adopted a disease-based approach to identifying specific novel drug targets. In this regard, AxCell recently agreed to collaborate with the Institute for Systems Biology, headed by Dr. Leroy Hood, one of the founding fathers of the Human Genome Project. The initial target is to work together to chart the protein-interaction changes in prostate cells that have become cancerous. Pinpointing such aberrations is fundamental to identifying targets for new anti-cancer drugs. The collaboration also envisions applying the systems pathway approach to other forms of cancer and to other diseases, such as immune disorders. |