Tuesday, July 21, 2009

Compugen, Further Validation of Its DAC Blockers Platform

In an earlier post, "Investing Then and Now, Compugen", I described Compugen's disease associated conformation ("DAC") blockers discovery platform, used to predict peptides that prevent proteins from assuming their disease associated conformations.

Today, Compugen announced further validation of this platform:

"CGEN-25017, a novel peptide antagonist of the Angiopoietin/Tie-2 pathway, has shown positive therapeutic effects in an animal model of retinopathy, a very serious eye condition characterized by over-growth of blood vessels. CGEN-25017, which was initially discovered using Compugen’s DAC Blockers discovery platform, had previously demonstrated significant inhibitory activity in two other models of angiogenesis, an in vitro multi-cellular assay and the widely recognized chorioallantoic membrane (CAM) model.

In the recently completed study utilizing a rodent model of oxygen-induced retinopathy, administration of CGEN-25017 resulted in a dramatic decrease in the extent of pathological neovascularization, outperforming the positive control, soluble Tie-2. These results provide evidence for the potential use of this novel peptide in the treatment of angiogenic ocular diseases, such as diabetic retinopathy, age-related macular degeneration and retinopathy of prematurity. Furthermore, since this animal model is well accepted for assessing anti-angiogenic activity in general, the profound dose-dependent anti-angiogenic potency of CGEN-25017 seen in this and earlier studies indicate potential therapeutic utility for other diseases involving pathological angiogenesis such as cancer and inflammatory conditions, including psoriasis and rheumatoid arthritis.

Professor John S. Penn, from the Department of Ophthalmology and Visual Sciences at the Vanderbilt University School of Medicine, who supervised the study and is a recognized world expert in this field stated, 'The efficacy achieved with CGEN-25017 is a fairly rare finding in this model. Based upon our past experience conducting efficacy trials of this type, CGEN-25017 falls within the top 10% of all test compounds that have passed through our hands. Thus, in my opinion, CGEN-25017 warrants further development and study as a potential therapy for angiogenesis-related diseases.'"

In today's announcement, Dr. Anat Cohen-Dayag states:

"Peptide blockers predicted by this platform have now been validated experimentally in functional assays for 11 out of 12 protein targets selected for screening."

Given the dearth of promising product candidates in Big Pharma's pipelines, this tiny company continues to shine.

2 comments:

  1. Another great announcement. The challenge with this company will be developing a revenue stream. We have yet to hear of any more advanced collaberations/trials and it will be many years if and until any products make their way into the market. Therefore the market will not treat the stock price that kindly unless the company is sold for the intrinsic value of the platforms. Youtr thoughts?

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  2. Thanks for your comment. Please see my answer in my latest post.

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