Posts Tagged ‘CIR’

ASX Company News: Circadian Technologies Awarded US Cancer Patents

Wednesday, November 10th, 2010

Circadian Technologies Limited (CIR) announced today the grant of United States Patent No. 7,829,091 to its subsidiary company, Vegenics Limited.  The patent, which extends to September 2023, covers the use of inhibitors which block the binding of VEGF-C or VEGF-D to VEGFR-3 for the treatment of cancer. Inhibitors covered include any soluble forms of the VEGFR-3 receptor and any antibodies directed against VEGF-C, VEGF-D or VEGFR-3 which inhibit the binding of VEGF-C or VEGF-D to VEGFR-3.

The corresponding patent applications in Europe and Canada, which contain claims analogous to those granted in the US, have both been allowed as well. The European application will grant European Patent No. 1119371 on November, 24 2010. Canadian Patent No. 2345276 is expected to issue in the first half of 2011.

Circadian already controls worldwide rights to an extensive intellectual property portfolio covering the VEGF-C, VEGF-D and the VEGFR-3 receptor targets. Specifically, Circadian already has a two granted Australian patents in this family, AU 200013121 and AU 200408675, and continues to prosecute the case in Japan. The grant of this family of patents relating to anti-cancer uses provides a strong commercial underpinning to Circadian’s development of its proprietary VGX-100, VGX-200 and VGX-300 candidates as well as a major boost to Circadian’s already significant intellectual property position in this area of research and development. VGX-100 (a fully human VEGF-C antibody), VGX-200 (a humanised VEGF-D antibody) and VGX-300 (a recombinant VEGFR-3 molecule which works by trapping VEGF-C and VEGF-D in the circulation) are all being developed as cancer therapies. Additionally, Circadian’s licensee, Eli Lilly through its subsidiary ImClone Systems, is developing an antibody to VEGFR-3 (IMC-035), also for cancer therapy, which is expected to commence clinical trials in early 2011.

www.circadian.com.au

http://www.traderdealer.com.au/Fundamentals/cir

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ASX Company News: Circadian To Develop LAM Lung Diagnostic Test

Friday, October 1st, 2010

Circadian Technologies (CIR) has announced that it has partnered with Cincinnati Children’s Hospital Medical Centre (CCHMC) to develop and market a blood test to diagnose LAM, a serious lung disease that strikes women, usually in their child bearing years.

The diagnostic is being developed following the discovery that high levels of vascular endothelial growth factor-D, or VEGF-D – to which Circadian owns intellectual property rights – holds the key to detecting the disease.   The test is expected to be available in the U.S. from early 2011, and Circadian will work with CCHMC and other groups throughout the world to make the test available in other global markets.

LAM, which is short for lymphangioleiomyomatosis, is a serious lung disease that affects women, causing shortness of breath and lung collapse. The disease occurs when an unusual type of cell invades the lungs and causes tissue destruction by creating holes or cysts in the lung. It can be fatal and the only known treatment is a lung transplant.  To date, LAM has been difficult and expensive to diagnose, usually requiring a biopsy or high resolution CT scan. Due to low awareness of LAM, the early symptoms are often mistaken for other respiratory conditions such as asthma, bronchitis or emphysema.

www.circadian.com.au

http://www.traderdealer.com.au/Fundamentals/cir

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ASX Company News: Circadian Technologies Granted US Patent For Cancer Detection

Tuesday, September 7th, 2010

Circadian Technologies Limited (CIR) announced that its subsidiary company, Vegenics Limited, has been granted US Patent 7785803 claiming diagnostic kits for the detection of VEGF-D in human samples such as blood. VEGF-D, a major novel target for cancer and other diseases, has been shown to be a prognostic indicator of survival or disease progression in a number of different cancer types as well as a biomarker for various respiratory diseases. Circadian is currently undertaking collaborative studies with a number of groups worldwide as part of its development of VEGF-D diagnostics.

Robert Klupacs, CEO of Circadian said: “The use of targeted therapies in human healthcare is becoming more prevalent. In line with this trend, regulatory bodies and clinicians are increasingly in need of validated diagnostic tests to identify selected biomarkers and therefore assess a patient’s likelihood to respond to these therapies. VEGF-D’s role as a biomarker in cancer and other diseases is becoming more widely recognised. As such, the development and availability of a VEGF-D diagnostic test could have many important applications in improving the effectiveness of a wide array of potential targeted approaches, including Circadian’s own treatments in development. This patent adds to our estate of intellectual property covering VEGF family members, in particular building on the US patent granted to us last year covering VEGF-D antibodies. It is an important protection for our internal programs and represents a major asset for commercial partnerships with other companies seeking to pursue the use of VEGF-D as a biomarker.”

Circadian (CIR) is a biologics drug developer focusing on cancer therapies. It controls exclusive worldwide rights to a significant intellectual property portfolio around Vascular Endothelial Growth Factor (VEGF) C and D.

www.circadian.com.au

http://www.traderdealer.com.au/Fundamentals/cir

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Circadian JV Agreement With CSIRO

Tuesday, December 8th, 2009

Dr Steve Morton, CSIRO Group Executive, announced today a new long term, strategic alliance between Circadian Technologies (CIR) and CSIRO to work together on the ongoing research and development of Circadian’s VEGF technology to develop promising new potential treatments for cancer. The alliance is part of the CSIRO’s program to assist and facilitate development of new technologies with Australian biotech companies and will see CSIRO and Circadian collaborate in activities to aid the development of Circadian’s novel, biologics-based treatments for cancer and other serious diseases. Circadian will provide funding and access to its technology and lead drug candidates (molecules), while CSIRO will provide access to its world class biological production infrastructure, process development capability and internal research expertise. The announcement comes on the opening day of the new Protein Production Facility at CSIRO funded by both the Federal and State Victorian Governments. This Facility forms a significant part of CSIRO’s infrastructure capability that is accessible to the Australian Biotech industry. Specifically, the CSIRO and Circadian alliance will focus on the development of improved production systems for Circadian’s molecules, molecular modelling, assay development, testing of future drug candidates as well as other projects which may be mutually agreed by the parties.

Robert Klupacs, CEO of Circadian said: “We are extremely excited by this collaboration. Having access to CSIRO’s world class infrastructure and research expertise will greatly assist us in bringing our molecules to the clinic. Circadian has a strong position in this area of potential therapeutics for cancer and we applaud the vision of the CSIRO to work closely with Australian companies such as ours, encouraging us to continue to develop important new treatments and innovations which may one day have the potential to impact on many lives globally.” Dr Steve Morton CSIRO Group Executive said: ”CSIRO is very pleased to be working with Circadian, an Australian biotech company, to advance its product development pipeline. This alliance highlights that there is already industry uptake of our new Protein Production Facility and research capability. CSIRO is all about partnering with and delivering to Australian industry and our new Facility will be a key enabler for the biotech industry. “

Circadian (CIR) is a biologics drug developer utilising the significant intellectual property portfolio around Vascular Endothelial Growth Factor (VEGF) C and D that it has accumulated in its unlisted wholly owned subsidiary Vegenics. The applications for the VEGF technology, which functions in regulating blood supply, are substantial and broad. Circadian’s internal product development programs are focussed on novel anti-cancer therapeutics for large unmet needs. Circadian has also licensed rights to some parts of its intellectual property portfolio for the development of other products to ImClone Systems (a wholly owned subsidiary of Eli Lilly & Company ). ImClone Systems is currently developing an antibody-based drug targeting VEGFR-3 for the treatment of solid tumours.   CSIRO is Australia’s national science agency and one of the largest and most diverse research agencies in the world. CSIRO’s research in materials and manufacturing will continue to assist Australia grow a high-value, globally competitive manufacturing sector. We undertake research with partners in key manufacturing sectors including biotechnology to advance their product development pipelines.

www.circadian.com.au

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Circadian Technologies Receives Japanese Patent

Wednesday, August 26th, 2009

Circadian Technologies Limited (CIR) announced today that its 100% owned subsidiary company, Vegenics Limited, has been granted Japanese Patent 4324709 claiming the VEGF-C protein, VEGF-C gene and antibodies to VEGF-C as well as the use of these molecules in a broad spectrum of therapeutic indications, including the treatment of cancer. VEGF-C, a major novel target for cancer and other diseases, is closely related to VEGF-A, the target of Genentech’s Avastin , a leading cancer therapy with annual worldwide sales in excess of ® US$7.5 billion. This Japanese patent together with the large number of VEGF-C patents granted in the United States and Europe provides Circadian with a major commercial advantage and access to the world’s major pharmaceutical markets. Japan is the world’s second largest market for pharmaceuticals after the USA comprising around 11%.

“Stemming from the enormous success of Avastin , the development of antibody drugs targeting ® angiogenic molecules such as VEGF-C is widely considered one of the most promising strategies in the pharmaceutical industry,” commented Circadian CEO, Mr Robert Klupacs. This patent adds to our considerable estate of intellectual property covering VEGF family members. It is an important protection for our internal therapeutics development programs and represents a major asset for commercial partnerships with other companies seeking to pursue this approach.”

Circadian (CIR) is a biologics drug developer utilising the significant intellectual property portfolio around Vascular Endothelial Growth Factor (VEGF) C and D that it has accumulated in its unlisted wholly owned subsidiary Vegenics. The applications for the VEGF technology, which functions in regulating blood supply, are substantial and broad. Circadian’s internal product development programs are focussed on novel anti-cancer therapeutics for large unmet needs.

www.circadian.com.au

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Circadian & Healthscope to Commercialise Cancer Diagnostic

Thursday, February 26th, 2009

Circadian Technologies Limited (CIR) and Healthscope Limited (HSP) announced that they have signed an agreement to commercialise a novel diagnostic technology for so-called “Cancers of Unknown Primaries” – a challenging form of cancer in which the site of origin of a tumour cannot be identified using standard techniques. 

The diagnostic method was developed in collaboration between Circadian and the Peter MacCallum Cancer Centre, a leading specialty cancer hospital and research institute in Australia. Under the terms of the agreement, Healthscope, through its subsidiary, Clinical Laboratories Pty Ltd, will further develop, clinically validate and market the test throughout Australia, New Zealand, Malaysia and Singapore. Circadian will retain rights to market the test in the remainder of the world. 

Healthscope will pay Circadian an upfront fee, development milestones and a royalty on sales of the test. Circadian, through its wholly owned subsidiary

Cancer Therapeutics Limited, owns exclusive worldwide rights to the test through a licensing arrangement with the Peter MacCallum Cancer Centre.

The Cancers of Unknown Primaries (CUP) diagnostic methodology identifies a patient’s tumour type by comparing its pattern of gene expression to a database of known tumours.  By correctly identifying a patient’s tumour type, clinicians can develop a more effective treatment strategy for the cancer.

 http://www.healthscope.com.au/info/general/Content/get/228/itemId/ 

http://www.circadian.com.au/html/s01_home/home.asp

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