EPA Extends Asterand's Role in ToxCast T Program
June 07 2010 - 2:00AM
UK Regulatory
TIDMATD
RNS Number : 1375N
Asterand PLC
07 June 2010
+-------------------------------------+--------------------------------+
| For Immediate Release | 7 June 2010 |
+-------------------------------------+--------------------------------+
EPA Extends Asterand's Role in ToxCast (TM) Program
BioMAP predictive models to screen compounds for environmental and human health
impact
Asterand plc (LSE: ATD), a leading human-based solutions provider to
pharmaceutical companies engaged in drug discovery research, today announced
that the United States Environmental Protection Agency (EPA) has extended its
Phase II funding commitment to Asterand's subsidiary BioSeek LLC under the
agency's ToxCast(TM) screening programme. This extension is for an additional
$1.5 million, to profile the biological properties of chemical compounds, and is
in addition to the $1.7 million commitment for Phase II announced in June 2009.
BioSeek remains eligible to participate in further phases of the program and its
eventual implementation.
The current Phase II project expands upon the successful completion of the proof
of concept Phase I study, which began in 2007 with BioSeek, Inc., prior to its
merger with Asterand. The Phase I program utilized the unique BioMAP Systems to
assess the potential of in vitro human primary cell-based assays to predict the
impact of environmental chemicals on human health. Under the Phase II project,
approximately 750 compounds and nanomaterials will be screened. The long-term
goal of the ToxCastTM program is to identify in vitro assays that can predict
the toxicity of chemical compounds and other materials in humans and animals.
Asterand's CEO, Martyn Coombs, commented:
"We view the EPA's efforts to develop improved methods of predicting the
potential health risks of environmental chemicals through its ToxCast(TM)
programme as being of vital importance. The BioMAP System offers a unique
platform to analyse chemicals and predict potentially adverse toxicology and
help prioritise further safety tests. We are delighted that the EPA has chosen
to expand its contract with BioSeek and look forward to continuing our support
of this important programme."
BioMAP Systems, a biological compound profiling and drug discovery platform is
Asterand's newest offering through the recent acquisition of BioSeek LLC.
BioMAP screening platform uses complex human primary cell cultures to replicate
the intricate cell and pathway interactions observed in vivo, and in this way
provides meaningful in vitro biology data which directly relate to human
pharmacology and toxicology.
- END -
Contacts:
Asterand plc
Martyn Coombs, Chief Executive Officer Tel: + 44
(0) 1763 211 600 /
+ 1 (313) 263-0960
John Stchur, Chief Financial Officer As
above
Buchanan Communications
Lisa Baderoon / Mark Court / Isabel Podda Tel: +44
(0) 20 7466 5000
Cenkos Securities plc
Stephen Keys / Beth McKiernan Tel: +
44 (0) 20 7397 8924
Daniel Stewart & Company plc
Martin Lampshire
Tel: +44 (0) 20 7776 6550
About Asterand
Asterand plc is a leading supplier of high quality human tissue and tissue-based
services. Our comprehensive approach to human tissue and research services
offers pharmaceutical, biotech and diagnostic companies the unique opportunity
to have one company meet all of their human biomaterial needs along the
continuum of drug discovery and development. BioSeek LLC, a wholly-owned
subsidiary of Asterand plc, is improving the success rate of pharmaceutical
research and development by integrating human biology from the earliest stages
of drug discovery onward through its unique BioMAP predictive human-based
models. Our mission is to accelerate target discovery and drug compound
validation and enable our clients to take safer and more effective drugs into
the market.
For more information about Asterand and BioSeek, please visit www.asterand.com.
About the US EPA ToxCastTM Program
The U.S. EPA ToxCastTM Program is developing approaches to predict chemical
toxicity using data from high-throughput and high content in vitro assays. The
goal of ToxCastTM is to develop and verify "toxicity signatures," which are
algorithms using in vitro and in silico data to predict in vivo toxicities.
Phase I of ToxCastTM has produced data from >300 chemicals, 500 in vitro assays
and 100 in vivo endpoints, providing a powerful dataset for evaluating the
applicability of various analytic approaches for predicting the potential for an
adverse response. The initial results from Phase I of the ToxCastTM program were
presented on May 14-15, 2009 at the First ToxCastTM Data Analysis Summit held in
Research Triangle Park, NC. Phase II of the ToxCastTM program will expand on and
verify the ability of this approach to predict potential human toxicity. In
Phase III, ToxCastTM will expand the list to thousands of environmental
chemicals, delivering an affordable, science-based system for decision-makers to
prioritize chemicals for more detailed toxicological evaluations.
This information is provided by RNS
The company news service from the London Stock Exchange
END
MSCFFMJTMBTMBJM
Bioseek (LSE:ATD)
Historical Stock Chart
From Oct 2024 to Nov 2024
Bioseek (LSE:ATD)
Historical Stock Chart
From Nov 2023 to Nov 2024