Xenogen Announces Second Agreement With Gene Logic
October 13 2005 - 9:30AM
PR Newswire (US)
Gene Logic Integrates Both Xenogen's Proprietary Biophotonic
Imaging Technology and Custom Animal Model Generation into Its New
Drug Repositioning and Selection Business ALAMEDA, Calif., Oct. 13
/PRNewswire-FirstCall/ -- Xenogen Corporation (NASDAQ:XGEN)
announced today an agreement with Gene Logic Inc. (NASDAQ:GLGC).
Xenogen Biosciences Corporation, Xenogen's wholly owned subsidiary,
is producing and characterizing lines of custom-produced
bioluminescent animal models for Gene Logic. This deal follows a
November 2004 agreement in which Gene Logic purchased Xenogen
equipment and licensed Xenogen's proprietary biophotonic imaging
technology. Gene Logic has integrated Xenogen's technology into its
new Drug Repositioning and Selection(TM) (DRS) collaborations.
Under the November 2004 agreement, Gene Logic purchased Xenogen's
biophotonic imaging systems, IVIS(R) Imaging System 200 Series, and
licensed the company's proprietary Living Image(R) Software and
patented methods of biophotonic imaging. Under the April 2005
agreement, Gene Logic received a license grant to the customized
bioluminescent animal models it is producing together with Xenogen
Biosciences for use in Gene Logic's new DRS collaborations. Gene
Logic has combined its own proprietary imaging methods with
Xenogen's technology to form an important part of its overall drug-
repositioning platform. "Xenogen's biophotonic imaging technology
is one of a number of key technologies that we are in-licensing
and/or developing for our new repositioning and selection program,"
said Louis Tartaglia, Ph.D., senior vice president and general
manager, Drug Repositioning and Selection for Gene Logic. "This
technology, in combination with proprietary methods developed at
Gene Logic, provides us with an important new way of non-invasively
imaging whole animals over time and essentially lighting up the
biological processes or responses to the compound we're testing. We
believe this will help us generate valuable predictive data on how
a drug affects the whole system. These data are not available with
conventional research methods." Gene Logic's DRS collaborations are
based, in part, on technologies the company acquired in 2004 from
Millennium Pharmaceuticals, Inc. These technologies include in vivo
real-time imaging; disease metabolomics; disease- relevant in vitro
pathway and cellular screening; and predictive and genetic ADME.
When combined with Gene Logic's existing genomics and
toxicogenomics capabilities and in silico analysis, DRS
collaborations are designed to enable Gene Logic to help
pharmaceutical partners identify alternative indications for
failed, stalled or de-prioritized drug candidates, expand
indications for currently marketed drugs, and prioritize and
identify indications for drug candidates entering pre-clinical
development. "Gene Logic has developed an exciting new business and
scientific opportunity to reposition drug compounds for new
indications, and we are pleased that our technology can play a role
in that effort," said Pamela Contag, Ph.D., president of Xenogen
Corporation. "Gene Logic recognized the benefits of Xenogen's
non-invasive molecular and functional imaging technology for
prioritizing targets and compound indications early in the drug
discovery and development process or later in the process to find
new development paths for clinical-stage drug candidates." About
Xenogen Corporation Xenogen Corporation is a leading biotechnology
company offering an integrated suite of biophotonic real-time in
vivo imaging and genetic modification technologies that can help
expedite drug discovery and development, and significantly reduce
the cost and time to market for new therapies. Xenogen's
VivoVision(TM) Systems non-invasively illuminate and monitor
biological processes within living mammals, at the molecular level,
in real time. The technology provides higher quality in vivo data
earlier in the drug discovery and development process.
VivoVision(TM) Solutions improve discovery and pre-clinical
research in multiple therapeutic areas. VivoVision(TM) Biosciences
represents more than 15 years of experience in the creation and
characterization of animal models, including genetic modifications,
comprehensive phenotyping, compound profiling and custom design and
production of light producing cells, microorganisms and animals.
More information is available at http://www.xenogen.com/.
Xenogen(R), Living Image(R), VivoVision(TM) and IVIS(R) are
trademarks of Xenogen Corporation. Forward-Looking Statements This
press release contains forward-looking statements regarding the
performance and intended uses of our imaging products and
technologies. These forward-looking statements are based on our
current expectations, estimates and assumptions and are subject to
many risks, uncertainties and unknown future events that could
cause actual results to differ materially. Actual use and results
of imaging products and technologies may differ materially from
those set forth in this release due to the risks and uncertainties
inherent in our business, including, without limitation: our
ability to continue to deliver our products on a timely basis; our
ability to enforce our intellectual property rights or operate
without infringing or misappropriating the proprietary rights of
others; products, services or technologies introduced by competing
companies; and other risk factors set forth in our filings with the
Securities and Exchange Commission. For a discussion of these and
other factors that could impact the performance or use of our
imaging products and technologies and cause them to differ
materially from those in the forward-looking statements, please
refer to our recent filings with the Securities and Exchange
Commission, including our most recent quarterly report on Form 10-Q
for the quarter ended June 30, 2005. We assume no obligation to
update any forward-looking statements or information, which speak
as of their respective dates. Available Topic Expert(s): For
information on the listed expert(s), click appropriate link. Pamela
R. Contag, Ph.D.
http://profnet.prnewswire.com/ud_public.jsp?userid=513625 David W.
Carter http://profnet.prnewswire.com/ud_public.jsp?userid=513851
DATASOURCE: Xenogen Corporation CONTACT: investors, William A.
Albright of Xenogen Corporation, +1-510-291-6100, or media, Kelly
McKenna of Manning Selvage & Lee, +1-415-278-3318, for Xenogen
Corporation Web site: http://www.xenogen.com/
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