Sangamo BioSciences Announces License Agreement With Pfizer for Zinc Finger Nucleases for Protein Production
Posted on: Monday, 22 December 2008, 06:00 CST
"Pfizer was an early adopter of Sangamo's ZFN technology for CHO cell
engineering," said
"We are very pleased to enter into this commercial protein production
license agreement with Sangamo. Together we've used ZFNs to generate specific
GS knockouts in CHO cells to streamline the creation of mAb production cell
lines," said
"Prior to the development of ZFN technology, methods for gene disruption
were limited by their efficiency, time to completion, and the potential for
confounding, off-target effects," said
Terms of the Agreement
Under this agreement, Sangamo will provide a worldwide, fully paid,
perpetual, royalty free, non-exclusive, license for the use of certain ZFN
reagents for the elimination of the GS gene in Pfizer's CHO cell lines and to
use such ZFN-modified CHO cells for clinical and commercial production of
therapeutic protein products. Sangamo will receive an upfront payment of
About Sangamo BioSciences, Inc.
Sangamo BioSciences, Inc. is focused on the research and development of novel DNA-binding proteins for therapeutic gene regulation and modification. The most advanced ZFP Therapeutic(TM) development program is currently in Phase 2 clinical trials for evaluation of safety and clinical effect in patients with diabetic neuropathy and ALS. Other therapeutic development programs are focused on HIV/AIDS, neuropathic pain, cancer, nerve regeneration 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 TF(TM)) that can control gene expression and, consequently, cell function. Sangamo is also developing sequence-specific ZFP Nucleases (ZFN(TM)) for therapeutic gene modification as a treatment for a variety of monogenic diseases, such as X-linked SCID and hemophilia, and for infectious diseases, such as HIV. Sangamo has established strategic partnerships with companies outside of the human therapeutic space including Dow AgroSciences, Sigma-Aldrich Corporation and several companies applying its ZFP technology to enhance the production of protein pharmaceuticals. For more information about Sangamo, visit the company's web site at http://www.sangamo.com/.
This press release may contain forward-looking statements based on Pfizer's and Sangamo's current expectations. These forward-looking statements include, without limitation, the application of the ZFN technology in the engineering of living cells and absence of negative effects on ZFN engineered cells. Actual results may differ materially from these forward-looking statements due to a number of factors, including technological challenges, ability of Sangamo and Pfizer to develop commercially viable products and technological developments by our competitors. See the company's SEC filings, and in particular, the risk factors described in the company's Annual Report on Form 10-K and its most recent Quarterly Report on Form 10-Q. Sangamo assumes no obligation to update the forward-looking information contained in this press release.
SOURCE Sangamo BioSciences, Inc.
Source: PR Newswire
Related Articles
- Cell Therapeutics, Inc. (CTI) Reports Recent Accomplishments and Third Quarter 2007 Financial Results
- Daniel D. Von Hoff, M.D. To Moderate Cell Therapeutics, Inc.'s International Panel on New Drug Development and Company Product Pipeline
- Cell Therapeutics' Drug Gets Fast Track
- Cell Therapeutics, Inc. (CTI) Spin-Off to Use Proprietary Recombinant Genetic Technology to Develop Novel Biopharmaceuticals, Follow-on Biologics and to Deliver siRNA
- Pfizer Inc Vice President of Corporate Policy and Strategic Management, Fred Telling, to Join Board of Directors of Cell Therapeutics, Inc. (CTI)
- EU Regulator Offers Boost to Cell Therapeutics Drug Application
- Cell Therapeutics, Inc. (CTI) and FDA Agree on NDA Filing Strategy for XYOTAX(TM)
- WallStreet Research Initiates Coverage of BrainStorm Cell Therapeutics' Shares at Www.WallStreetResearch.Org
- Cell Therapeutics, Inc. (CTI) CEO Talks About Lung Cancer Treatments for Women
- Progenitor Cell Therapy Inks Manufacturing Deal With Cellerant Therapeutics to Bring Stem Cell Treatment to Market
User Comments (0)

RSS Feeds