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To: Due Diligence who wrote (110)10/20/1999 11:17:00 AM
From: Due Diligence  Read Replies (1) | Respond to of 2080
 
ANTX news:

(COMTEX) B: ANTEX DISCOVERS NOVEL DRUG TARGET FOR IDENTIFYING NEW ANT
B: ANTEX DISCOVERS NOVEL DRUG TARGET FOR IDENTIFYING NEW ANTIBIOTICS

Gaithersburg, Md., Oct 20, 1999 /PRNewswire via COMTEX/ -- Antex
Biologics announced that its wholly-owned subsidiary, Antex Pharma
Inc., has discovered a novel drug target to screen for new antibiotics.
Antex Pharma's mission is aimed at developing novel therapeutic
alternatives to address the unmet clinical needs of antibiotic
resistance and newly emerging diseases.

Antex scientists discovered a novel protein using the Company's
innovative ART(TM) and NST(TM) platform technologies. Antex validated
that this protein is a virulence factor and is specific to bacteria.
Therefore, the Company believes that chemicals that inhibit the
activity of this protein target should kill the bacteria, making this
protein a useful enzymatic target for identifying new antibiotics. The
Company has several patents pending that cover this novel protein and
its uses.

Moreover, since this proprietary protein is a metabolic protein, not
involved with DNA or cell wall synthesis, this novel drug target could
be used to identify new classes of drugs that would overcome the
problems of antibiotic resistance faced by many of the currently
marketed drugs. Additionally, since this protein is not present in
animals or humans, it provides a bacteria-specific target.

Dr. Vic Esposito, President and CEO of Antex stated, "This new target
not only gives Antex an alternative screening methodology to evaluate
novel compounds synthesized by our chemists, but also provides the
opportunity to screen existing chemical libraries. More importantly, we
hope that this technology will provide the opportunity for Antex Pharma
to forge strategic alliances for the development of small molecule
therapeutics to thwart antibiotic resistant bacteria."

Antex's NST technology involves the reproduction in the laboratory of
important natural conditions found in the body that are required for
bacteria to grow and cause infection (virulence). Unlike ordinary
laboratory cultures, bacteria grown with NST using physiologically
logical signals have induced phenotypic expression of important
virulence factors similar to those seen in bacteria isolated from
infected hosts. These enhanced virulence factors include elevated
levels of adhesins, invasins, enzymes and other cellular components.
Specifically up-regulated virulence factors identified in NST- grown
bacteria thus far include Type III protein translocation system
substrates, flagellin expression, glycosylation of bacterial proteins,
hemolysin and capsular polysaccharide production, and
lipopolysaccharide structure.

ART technology involves the identification and interaction of host cell
receptors and corresponding microbial surface proteins, or adhesins,
that allow bacteria to attach to and invade the host thereby causing
disease. Through the identification of unique receptors and adhesins,
Antex has developed a number of vaccines against bacterial infections.
Additionally, ART technology presents the opportunity to identify novel
microbial targets to design and develop new anti-infective therapies
for diseases that have unmet clinical needs. This genomics approach to
bacterial therapy provides a strategy to address the increasing
resistance of bacteria to currently available antibiotics.

"Using NST technology, Antex can make bacteria that essentially look
and act more like those bacteria infecting sick people than bacteria
grown under typical laboratory conditions. Antex Pharma's scientists
use these NST- bacteria in a whole cell screening assay and have shown
that these NST- bacteria have a more closely related in-vivo
sensitivity to antibiotics than ordinary lab-grown bacteria. In
addition, using both the NST and ART technologies, we have identified
this novel target and several other potential new targets to develop
new classes of compounds to fight serious bacterial infections," said
Dr. Larry Ellingsworth, Vice President, Research and Development, of
Antex Biologics.

Antex Biologics is a biopharmaceutical company committed to developing
and marketing new products to prevent and treat infections and related
diseases. The Company has three vaccine products in clinical
development and has strategic alliances with SmithKline Beecham,
Pasteur Merieux Connaught, the U.S. Department of Defense, and Pfizer,
Inc. The Company's common stock is quoted on the OTC Bulletin Board
under the ticker symbol ANTX.

Statements contained herein that are not historical facts may be
forward- looking statements that are subject to a variety of risks and
uncertainties. There are a number of important factors that could cause
actual results to differ materially from those expressed in any
forward-looking statements made by the Company. Such factors are fully
described in the Company's Form 10-KSB filed with the United States
Securities and Exchange Commission, and include, but are not limited
to: (i) the Company's ability to fund its future operations; (ii) the
Company's ability to successfully complete product research and
development, including preclinical and clinical studies and
commercialization; (iii) the Company's ability to obtain required
governmental approvals; (iv) the Company's ability to attract and/or
maintain manufacturing, sales, distribution and marketing partners; and
(v) the Company's ability to develop and commercialize its products
before its competitors.

SOURCE Antex Biologics
(C) 1999 PR Newswire. All rights reserved.
prnewswire.com
-0-
CONTACT: Theresa M. Stevens of Antex Biologics, 301-590-0129; or Tom
Norton, 202-955-6222, for Antex Biologics

WEB PAGE: antexbiologics.com

GEOGRAPHY: Maryland

INDUSTRY CODE: MTC
HEA

*** end of story ***