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Compugen and Bayer Schering Pharma form research collaboration

Wed. October 14, 2009; Posted: 05:03 AM
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Oct 14, 2009 (Datamonitor via COMTEX) -- CGEN | Quote | Chart | News | PowerRating -- Compugen, a drug and diagnostic product candidate discovery company, has signed a collaboration agreement with Bayer Schering Pharma, covering the further evaluation of a Compugen discovered tumor target and its splice variants.

Following an initial six month joint research stage, the agreement provides Bayer with an option for an exclusive worldwide royalty bearing license for the development of monoclonal antibodies and other therapeutic agents addressing these target molecules.

The existence of the target and its splice variants was initially predicted in silico by Compugen through the use of its monoclonal antibody (mAb) targets discovery platform; the predicted molecules were then validated experimentally.

The newly discovered tumor target and its splice variants are previously unknown splice variants of a known cancer target for which therapeutic agents are currently in preclinical development by other organizations. Like the known cancer target, this protein molecule and its variants are all trans-membrane proteins, Compugen said.

However, each of the Compugen molecules has a unique sequence at the extracellular domain of the protein that enables the development of monoclonal antibodies specific to each of the respective splice variants. Therefore, each splice variant could represent a novel target for mAb therapy, the company added.

Anat Cohen-Dayag, co-CEO of Compugen, said: "Usage of our mAb Targets Discovery Platform is now providing us with a growing inventory of novel target candidates, such as the specific targets covered by this agreement, displaying differential expression in a range of tumor versus healthy samples.

"We are therefore very enthusiastic about the clinical and commercial potential for this unique discovery platform and are especially pleased to enter into this collaboration with Bayer Schering Pharma."

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