Morphosys Discovers New
Class of Antibody Therapeutics
Description and Advantages
Morphosys AG and Pro-Chon Biotech
Ltd. announced the discovery of a novel antibody lead
resulting from their collaboration initiated in June
2000. The antibody, representing a novel class of drug
candidates selected from MorphoSys' HuCAL antibody libraries,
was demonstrated by ProChon to specifically block the
function of mutated, overactive forms of human growth
factor receptors. These mutated forms are associated
with inherited skeletal disorders and have been linked
to tumor progression and prognosis in several types
of cancer, including bladder carcinoma, cervical carcinoma
and multiple myeloma. A patent to protect all rights
on the invention has been field recently by ProChon.
"This achievement demonstrates the very substantial
versatility and untapped potential of the MorphoSys
HuCal antibody library", said Dr. Thomas von Rueden,
Chief Scientific Officer, MorphoSys AG. ProChon Biotech
Ltd. is dedicated to the invention, development and
commercialisation of novel treatments for various inherited
and acquired skeletal disorders caused by altered activity
of Fibroblast Growth Factors and their receptors.
MorphoSys develops and applies innovative technologies
for the production of synthetic antibodies, which accelerate
drug discovery and target characterization.
Area
Of Application
"We are very excited about this
important invention", said Professor Avner Yayon, Chief
Scientific, Officer, ProChon Biotech. We believe
that this is the first reported antibody able to block
the activity of these constitutively activated receptors
and as such, may lead us to an entirely new class of
treatments for various cancers and skeletal disorders."
Source:
Pharmabiz, August 2, 2001