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Biotech / Medical : Sangamo Therapeutics, Inc. SGMO
SGMO 0.461+0.2%Nov 28 12:59 PM EST

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To: tuck who wrote (150)1/5/2005 9:01:26 AM
From: nigel bates  Read Replies (1) of 368
 
Sangamo BioSciences Announces Research Collaboration Agreement With Pfizer Inc

Keep wishing I had some of these...

RICHMOND, Calif., Jan 05, 2005 /PRNewswire-FirstCall via COMTEX/ -- Sangamo BioSciences, Inc. (Nasdaq: SGMO) announced today that it had entered into a research collaboration with Pfizer Inc in the field of enhanced protein production. Under the terms of the agreement, Pfizer will fund research at Sangamo and Sangamo will provide its proprietary zinc finger DNA binding protein (ZFP) technology for Pfizer to assess its feasibility for use in mammalian cell- based protein pharmaceutical production. Sangamo will generate novel cell lines and vector systems for enhanced protein production as well as novel technology for rapid and robust creation of new production cell lines. The financial terms of the agreement were not disclosed.

"We are very pleased to be able to provide Pfizer, the world's leading research-based pharmaceutical company, with our ZFP gene activation technology," said Edward Lanphier, Sangamo's president and chief executive officer. "ZFP transcription factors are used to regulate genes expressing protein pharmaceuticals and we can engineer zinc finger nucleases (ZFNs) to facilitate the efficient generation of production cell lines with altered traits."

Zinc finger DNA-binding proteins (ZFPs) are the dominant class of naturally occurring transcription factors in organisms from yeast to humans. Transcription factors, which are found in the nucleus of every cell, bind to DNA to regulate gene expression. Though there are many kinds of transcription factors, only zinc finger DNA-binding proteins are amenable to engineering and precise targeting to a particular gene or genes of interest.

About Sangamo

Sangamo BioSciences, Inc. is focused on the research and development of novel DNA-binding proteins for therapeutic gene regulation and modification. The company's most advanced therapeutic development program, currently in a Phase I clinical trial, involves the use of transcription factors for the treatment of peripheral artery disease. Other therapeutic development programs are focused on diabetic neuropathy, ischemic heart disease, congestive heart failure, cancer, neuropathic pain, and infectious and monogenic diseases. Sangamo's core competencies enable the engineering of a class of DNA-binding proteins known as zinc finger DNA-binding proteins (ZFPs). By engineering ZFPs that recognize a specific DNA sequence Sangamo has created ZFP transcription factors (ZFP TFs) that can control gene expression and, consequently, cell function. Sangamo is also developing sequence-specific ZFP-Nucleases (ZFNs) for therapeutic gene modification as a treatment and possible cure for a variety of monogenic diseases such as sickle cell anemia and for infectious diseases such as HIV. For more information about Sangamo, visit the company's web site at www.sangamo.com or www.expressinglife.com.
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