Andy, I haven't been following XOMA that closely, but I thought that they were using fusion proteins. I'm not sure who controls what with SRGN. I think that LLY took some of their stock in exchange for cash and who knows what else. Robinson has talked about a specialty cancer acquisition, and my guess at this time is SRGN. Speaking of SRGN, this was in the news yesterday:
L O N D O N, Oct. 29 - Scientists are close to testing a genetically engineered "magic bullet" that could treat half of the most common cancers. Early laboratory tests have shown that the "bullets," which destroy the tumors by injecting them with a deadly toxin, were effective in treating adenocarcinomas which are found in lung, ovary, prostate, colon and breast cancers. Clinical trials with colon cancer sufferers could begin within the next 15 months. A magic bullet is a treatment that targets the cancerous cells without harming any of the healthy cells around them-unlike chemotherapy which can harm healthy cells and result in serious side-effects. "Medical Targeting Recognition (MTR) Technologies, the Jerusalem-based company that developed the bullets, say that they might work better than other such treatments because their toxins actually penetrate cancer cells," New Scientist magazine said. Earlier attempts at the approach failed because although the antibodies on the bullets found the cancerous cells they could not penetrate and destroy them without harming healthy cells as well. MTR developed fusion proteins that isolate the dangerous cells and inject them with a bacterial toxin while leaving healthy cells alone. One half of the re-engineered protein binds to the receptor on adenocarcinoma cells and the second half fires a fatal dose of the toxin that kills them by preventing them from making proteins. "The Israelis modified the natural toxin so that immune cells previously exposed to the bacteria would not recognize and attack it," the magazine explained. Seragen, a Massachusetts-based company, is using a similar approach against a rare form of leukemia called cutaneous T cell lymphoma. Its protein binds to a site on the cancer cells called interleukin-2 growth factor receptor to fire the toxin. It is already close to completing clinical trails and is applying to the Food and Drug administration for approval of the drug. |