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Biotech / Medical : Kosan BioSciences -- KOSN

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From: tuck3/3/2007 12:10:24 PM
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Abraxis intends to IND it's own version of 17-AAG soon. From their 10-K, dated March 1, 2007:

"ABI-010 (nab ™ -17AAG). 17AAG is a polyketide inhibitor of Hsp90 (heat shock protein 90) and interrupts several biological processes implicated in cancer cell growth and survival. Hsp90 is a protein chaperone that binds to several sets of signaling proteins, known as “client proteins.” 17AAG binds to Hsp90 and causes its dissociation from, and consequent degradation of, the client proteins. Because the Hsp90 client proteins are so important in signal transduction and in transcription (processes critical to the growth and survival of cancer cells), 17AAG may serve as a chemotherapy agent in the treatment of multiple cancers. Current formulations of 17AAG require solvents such as Cremophor and DMSO. ABI-010 is a solvent-free albumin-bound form of this drug. An Investigational New Drug (IND) application filing is planned for 2007."

Cheers, Tuck (this full-text EDGAR search Peter pointed to is the bomb!)
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