Drug Development / Overseas Portfolio
Sucampo Pharmaceuticals, Inc. (http://www.sucampo.com/)(SCMP)

Sucampo Pharmaceuticals Announces Positive Results from a Japanese Phase 2b Dose-Ranging Study of AMITIZA(R) for Chronic Idiopathic ConstipationData Reinforce AMITIZA's Safety and Efficacy Profile
Pivotal Japanese Phase 3 Clinical Trials to Commence by Mid-2009 BETHESDA, MD--(BUSINESS WIRE)--
Sept. 18, 2008--Sucampo Pharmaceuticals, Inc. (NASDAQ: SCMP) today announced results of its phase 2b dose-ranging study of AMITIZA(R) (lubiprostone) in patients with Chronic Idiopathic Constipation (CIC), conducted in Japan. The study demonstrated a statistically significant increase in mean change in spontaneous bowel movements (SBM) from baseline after one week on treatment (p less than 0.0001), the study's primary endpoint, for patients taking AMITIZA 24 micrograms twice daily versus placebo.
Affymax Inc. (http://www.affymax.com/)(AFFY)

Affymax Announces Favorable Data Monitoring Committee Review of Phase 3 Hematide Program
PALO ALTO, Calif., Aug 07, 2008 (BUSINESS WIRE) --
Affymax, Inc. (Nasdaq:AFFY) today announced that the independent Data Monitoring Committee (DMC), which provides oversight for the Phase 3 program for Hematide(TM), has completed its first review of the data and informed the company that the cumulative safety data generated thus far from the EMERALD and PEARL Phase 3 trials support continuation of the studies. In the Phase 3 program, Hematide is being evaluated to treat anemia in chronic renal failure patients on dialysis and not on dialysis.
"These are very important reviews by the DMC and we are pleased that the committee has recommended that the trials proceed," said Arlene M. Morris, president and chief executive officer of Affymax.
"We continue to make progress in enrollment of patients in the four Phase 3 trials and look forward to additional DMC reviews as more data are generated."
The Phase 3 program, which consists of four trials, was initiated in October 2007. Recently, Affymax announced that enrollment is complete in PEARL 1, the first of those Phase 3 trials. The company continues to enroll in the other three studies and anticipates completion of enrollment by year end 2008.
OPKO Health Inc. ex-Acuity Pharmaceuticals, Inc. (http://www.opko.com/)

Newly Published Study Shows OPKO's siRNA Bevasiranib Is Taken Up by Target Tissues in the Eye
- Study Published in Journal Molecular Vision -
- Results Show Good Distribution of Bevasiranib to Retina and RPE Cells after a Single Intravitreal Injection -
MIAMI, June 3, 2008 /PRNewswire-FirstCall via COMTEX News Network/ --
OPKO Health, Inc. (Amex: OPK) today announced that a study published in the peer-reviewed journal Molecular Vision demonstrates that bevasiranib, its siRNA (small interfering RNA) agent is distributed throughout the eye, including extensive uptake into the retina. In two tissue distribution and pharmacokinetic studies in rabbits, results showed that bevasiranib was present in the retina and in targeted retinal pigment epithelium (RPE) cells following intravitreal injection.
Bevasiranib is a gene-silencing agent designed to shut down the production of vascular endothelial growth factor (VEGF), a primary cause of the new blood vessel growth, or neovascularization, associated with vision loss in patients with wet age-related macular degeneration, or wet AMD. The efficacy and safety of bevasiranib are currently being assessed in the COBALT study, an international Phase III trial for the treatment of wet AMD.
"Importantly, these data indicate that following intravitreal injection, bevasiranib distributes to the ocular structures relevant to the VEGF-induced neovascularization associated with vision loss in wet AMD, and we believe this animal data provides support for the use of bevasiranib in our ongoing pivotal Phase III trial for the treatment of wet AMD," said Samuel Reich, Executive Vice President of OPKO Ophthalmics. "It is noteworthy that bevasiranib was distributed to the RPE cells, since we believe that even a fraction of the tissue-associated bevasiranib entering the RPE cell is likely to be effective in specifically suppressing VEGF production."
FivePrime Therapeutics (http://www.fiveprime.com/)

Five Prime Initiates Phase 1 Clinical Trials of FP-1039 in Patients with Advanced Cancers
SAN FRANCISCO, California
September 8, 2008.
Five Prime Therapeutics, Inc today announced the first patient has been enrolled in a Phase I clinical trial of its investigational protein therapeutic, FP-1039, in patients with advanced solid tumors. FP-1039 is an FGFR1:Fc fusion protein shown in pre-clinical studies to inhibit angiogenesis and slow the growth of tumors.
May 20, 2008. Five Prime Therapeutics, Inc. and Pfizer Inc.(NYSE:PFE) today announced the initiation of a worldwide collaborative research and license agreement. The collaboration will focus on the discovery of antibody targets and novel therapeutic protein products to treat certain areas of cancer and diabetes. Under the collaboration, FivePrime will screen its comprehensive protein library in both cell-based assays and primary in vivo screens directed toward finding potential therapeutic protein products and antibody targets.
MacroGenics Inc. (http://www.macrogenics.com/)

Lilly and MacroGenics Announce Licensing and Collaboration Agreement
Lilly to Acquire Phase III Molecule Teplizumab for the Treatment of Type 1 Diabetes
Companies to Collaborate on the Development of Autoimmune Disease Treatments INDIANAPOLIS, IN and ROCKVILLE, MD
Eli Lilly and Company (NYSE:LLY) and MacroGenics, Inc. today announced that the two companies have entered into a global strategic alliance to develop and commercialize teplizumab, a humanized anti-CD3 monoclonal antibody, as well as other potential next generation anti-CD3 molecules for use in the treatment of autoimmune diseases. As part of the deal, Lilly will acquire the exclusive rights to the molecule. Teplizumab is currently being studied in the PROTEGE trial, a global pivotal Phase II/III clinical trial for individuals with recent-onset type 1 diabetes.
FibroGen, Inc. (http://www.fibrogen.com/)

FibroGen is a biotechnology-based drug discovery
company.
FibroGen is focused on the discovery, development,
and commercialization of new treatments for
fibrosis, anemia, ischemia, and cancer based
on our scientific leadership in tissue fibrosis
and HIF biology. FibroGen also develops and
produces recombinant human collagens and
gelatins using unique production technology
that provides the basis for our proprietary
cosmetic dermal filler and biomaterials supply
business.
FibroGen, Inc. (FibroGen) today announced
it has completed an exclusive licensing agreement
with Astellas Pharma Inc. (Astellas) that
provides Astellas rights to certain FibroGen
hypoxia-inducible factor (HIF) prolyl hydroxylase
(PH) inhibitors for development and marketing
for the treatment of anemia in Europe, Commonwealth
of Independent States (CIS), Middle East,
and South Africa. These inhibitors include
FG-2216 and FG-4592, currently in human clinical
trials. FibroGen retains rights in the rest
of the world except in Japan. The Japan rights
were licensed previously to Astellas
Quark Pharmaceuticals, Inc. (http://www.quarkbiotech.com/)

Quark Announces First Patient Dosing by Pfizer in Phase II Trial of RNAi Therapy in DME
Fremont, California, July 30, 2008
Quark Pharmaceuticals, Inc., a development-stage pharmaceutical company discovering and developing novel RNA interference (RNAi)-based therapeutics, today announced that its partner, Pfizer Inc, initiated patient dosing in a Phase II trial evaluating PF-4523655 (RTP801i-14) in patients with diabetic macular edema (DME). PF-4523655 is a novel siRNA drug candidate being co-developed by Quark and Pfizer. As part of the companiesf Global Licensing Agreement, the successful commencement of the trial triggers a milestone payment to Quark from Pfizer, a small percentage of which is payable by Quark to Silence Therapeutics and Alnylam as technology license milestone payments.
Quark Receives FDA Approval of IND For Kidney Transplant
Quark Pharmaceuticals Receives FDA Approval of IND For Kidney Transplant siRNA Drug DGFi
Quarkfs second siRNA drug delivered systemically
Fremont, California, June 25, 2008
Quark Pharmaceuticals, Inc. today announced that the U.S. Food and Drug Administration (FDA) has approved the Company's Investigational New Drug (IND) application for its siRNA drug candidate, DGFi, in kidney transplantation. The Company expects its Phase I/II clinical study for prevention/treatment of Delayed Graft Function (DGF) in kidney transplant patients to begin in the second half of 2008.
DGFi is Quark's second product candidate to enter clinic trials that is systemically administered to patients. The first ever siRNA drug candidate to be delivered systemically in man was Quark's AKIi-5 which is in Phase I clinical trial for acute kidney injury.
The Phase I/II will be a multi center study in which the safety and tolerability of escalating doses of DGFi by a single IV injection in renal transplant patients with DGF. Up to 204 adult kidney transplant recipients will be enrolled in this 2-part study.
Acologix, Inc. (http://www.acologix.com/)

Acologix strives to improve patients' lives
by developing and commercializing innovative
biopharmaceuticals targeting "osteo-renal"(bone
and kidney) diseases. Acologix's deep expertise
in mineral metabolism sciences is the key
to solving major osteo-renal health problems.
Periodontal disease, oral care, orthopedics,
osteoporosis, chronic kidney disease and
its secondary complications such as renal
osteodystrophy and uremic pruritus represent
significant underserved medical needs. Acologix
is unique in its focus on these rapidly growing
health care problems.
Acucela Inc. (http://www.acucela.com/home.html)

Acucela Inc. is a biotech company discovering
new drug therapies for eye diseases. Neurodegenerative
retinal diseases such as macular degeneration,
Stargardt's disease, retinitis pigmentosa
and glaucoma, significantly affect quality
of life for over 50 million people worldwide,
and there is a drastic lack of therapies
available. Until now, ophthalmic drug discovery
technologies have been very limited.
SEATTLE April, 2007 Acucela Inc., a Seattle based biotechnology company focused on
discovery and development of treatments for blinding eye diseases, today announced the
completion of a $25 million financing round. The round was led by several funds operated by SBI
Investment Co., Ltd., who is wholly owned by SBI Holdings, Inc. which made its first significant
investment in an American biotechnology company when it invested in Acucela in 2004. Otsuka
Pharmaceutical Factory, Inc. has also participated in the financing round with $5M.
Dynogen Pharmaceuticals, Inc
http://www.dynogen.com/

Dynogen is a biopharmaceutical company developing
more effective drugs for gastrointestinal
(GI) and genitourinary (GU) disorders, including
irritable bowel syndrome (IBS) and overactive
bladder (OAB). We focus on compounds that
have previously been in the clinic and therefore
have known safety and pharmacokinetic profiles.
This approach, combined with the experience
of the Dynogen team, enables our programs
to be prioritized for near-term commercial
potential, reduces the risk involved in clinical
development, and has allowed Dynogen to rapidly
build a high value development stage pipeline.
Today, we have three products in development
for five indications:
DDP733 for the treatment of irritable bowel
syndrome with constipation (IBS-c) and nocturnal
gastroesophageal reflux disease (n-GERD);
DDP225 for the treatment of irritable bowel
syndrome with diarrhea (IBS-d) and for the
treatment of chronic functional vomiting
(CFV); and
DDP200 for the treatment of OAB.
February 13, 2007 Dynogen Pharmaceuticals, Inc. today reported positive results of its randomized, double-blind, placebo controlled, parallel group Phase 2 trial of DDP733 in patients with irritable bowel syndrome with constipation (IBS-c).
BrainCells Inc. (http://www.braincellsinc.com/index.html)

BrainCells Inc. (BCI) (http://www.braincellsinc.com/index.html) is a biopharmaceutical company focused on the development of breakthrough small molecule therapeutics for diseases of the central nervous system (CNS). The Company's technology platform is based on pioneering research in the field of neurogenesis and recent discoveries linking neurogenesis to CNS disease states. BCI is using its neurogenesis technology platform to identify clinical-stage compounds, novel targets and compounds optimal for CNS indications. BCI is building a pipeline of clinical-stage programs to address unmet medical needs in the treatment of mood disorders, psychoses, cognition, brain repair syndromes and other CNS disorders.
AVEO (http://www.aveopharma.com/content/index.jsp)

AVEO is a biopharmaceutical company focused on the discovery and development of novel cancer therapeutics. AVEO is developing a pipeline of targeted therapies which address major unmet medical needs in the field of oncology. The Company utilizes its proprietary in vivo cancer models for the identification and validation of novel drug targets and to guide the development of its products. AVEO is located in Cambridge, Massachusetts.
Inotek (http://www.inotekcorp.com/)

Inotek Pharmaceuticals Corporation is a clinical-stage, drug development company founded in 1996. Inotek has a deep pipeline of small molecule compounds targeting the key biological processes involved in cell survival. The Company has built a robust small molecule chemistry expertise, leading to five distinct programs focused on DNA repair, cell necrosis and critical inflammatory pathways associated with tissue injury. Inotek is a leader in 'PARP inhibitors', a class of drugs that block the nuclear DNA repair enzyme poly (ADP-ribose) polymerase (PARP) and the Company is exploiting this target to develop therapeutics for a broad array of clinical applications.
All of the Company's technologies were discovered and developed by Inotek researchers. Inotek has approximately 130 employees based in its corporate headquarters and main research laboratories in Beverly, Massachusetts and two operational sites in Israel.
Inotek has a deep and diverse pipeline with three programs in clinical trials with ongoing Phase 1 trials for drugs which are targeting oncology, atrial fibrillation and other markets with significant unmet needs.
Drug Development / Domestic Portfolio
AnGesMG,Inc. (http://www.anges-mg.com/en/index.html)
Sep. 2002 Tokyo Stock Exchange Mothers(4563)

TransGenic Inc.(http://www.transgenic.co.jp/index_en.html)
Dec.2002 Tokyo Stock Exchange Mothers (2342)

MediBic(http://www.medibic.com/en/index.html)
Sep.2003 Tokyo Stock Exchange Mothers (2369)

MEDINET Co.,Ltd. (http://www.medinet-inc.co.jp/english/index.html)
Oct. 2003 Tokyo Stock Exchange Mothers (2370)

SHIN NIPPON BIOMEDICAL LABORATOREIS,LTD. (http://www.snbl.com/en/index.html)
Mar.2004 Tokyo Stock Exchange Mothers (2395)

TAKARA BIO Inc.(http://www.takara-bio.com/index.htm)
Dec.2004 Tokyo Stock Exchange Mothers (4974)

MediciNova Inc.(http://www.medicinova.com/)
Feb.2005 Osaka Stock Exchange Hercules (4875)

GNI Ltd.(http://www.gene-networks.com/english/index.html)
Aug.2007 Tokyo Stock Exchange Mothers (2160)

R-Tech Ueno, Ltd. (http://www.rtechueno.com/en/index.php)

OSAKA HERCULES(4573)
R-Tech Ueno is a medical technology company
focused on research, development and manufacturing
of innovative pharmaceutical products. Rescula(R)
eye drops, our lead product, has been highly
recognized by medical professionals and patients
as a safe and effective medicine to treat
ocular hypertension and glaucoma since its
launch in 1994.
R-Tech Ueno will be a reliable partner in
your pharmaceutical development projects
by offering a broad range of medical technology
services starting from optimization of drug
candidates to the commercial production of
the drug.
Institute of Medicinal Molecular Design,Inc. (IMMD) (http://www.immd.co.jp/en/index.html)

The Institute of Medicinal Molecular Design,
Inc. (IMMD) was founded in March 1995 by
Dr. Akiko Itai with the mission to contribute
to the society by offering superior drug
discovery technologies.
Dr. Akiko Itai is the former professor of
the Faculty of Pharmaceutical Sciences in
the University of Tokyo and internationally
recognized for her novel methodologies of
rational drug design. Since founded, we have
improved rational drug design technologies
and applied them in the discovery of new
drugs. We believe our rational molecular
design technology using original algorithms
based on the study of protein-ligand interaction
is one of the leading methods in the world.Currently,
in addition to the core technology of rational
molecular design, we are engaged in developing
broader technologies for drug discovery including
the next generation bioinformatics system
KeyMolnet, and proceeding with our own drug
discovery and development programs using
such proprietary technologies.We are committed
to developing breakthrough drugs and the
platforms on which they are based, placing
great importance on the value of basic science.
itted to developing breakthrough drugs and
the platforms on which they are based, placing
great importance on the value of basic science.
2005/12/22 European Molecular Biology Laboratory
(EMBL) licenses IMMD's KeyMolnet.
2005/11/18 The U. S. Food and Drug Administration
to use IMMD's KeyMolnet by integration with
FDA's ArrayTrack system for reviewing pharmacogenomic
data.
NanoCarrier Co.,Ltd. (http://www.nanocarrier.co.jp/index_en.html)

NanoCarrier Co., Ltd. applies the manufacturing
technology of ultrafine particles termed
"micellar nanoparticles" which
Professor Mitsuo Okano, Institute of Biomedical
Engineering at Tokyo Women fs Medical University,
Professor Kazunori Kataoka, Graduate School
of Engineering at the University of Tokyo,
and Dr. Masayuki Yokoyama, Kanagawa Academy
of Science and Technology, proposed for the
first time in the world. We are developing
micellar nanoparticles to use them as carriers
for drugs, such as anticancer agents. These
micellar nanoparticles are block copolymers
with amphiphilicity in which a hydrophilic
polymer (polyethyleneglycol) and a hydrophobic
polymer (polyamino acid derivative) are bound
at the molecular level. After dispersing
these block copolymers in water, they associate
spontaneously and result in forming two-tier
particles which clearly consist of the core
(inner core) and shell (outer shell). This
technology has drawn attention worldwide
because it yields nanoparticles known as
functional micellar nanoparticles.
BioOne Corporation (http://www.bioone.jp/english/index.html)

We are pleased to introduce INTERCEPT Blood
System, an innovative and unique system to
inactivate pathogens and lymphocytes in blood
products, developed by Cerus Corporation
TMRC Co.,Ltd.
http://www.tmrc.co.jp/en/business.html

TMRC Co., Ltd. provides CRO service (support
for pharmaceutical development), as well
as new drugs development service (in-house
development), specializing in cancers.
CRO services
CRO stands for Contract Research Organization,
which takes part in clinical trial operations
conducted by pharmaceutical companies or
other entities. We at TMRC Co., Ltd. provide
monitoring, data management and other related
operations specializing in cancers, to major
pharmaceutical companies.
GreenPeptide Co., Ltd.
http://www.green-peptide.com/english/index.php

We have already filed an Investigational
New Drug Application (IND) with the Pharmaceuticals
and Medical Devices Agency (PMDA), and have
started Phase I trials of personalized peptide
vaccines for advanced HRPC.
Our target prostate cancer patients are medically
castrated, refractory to hormone and estramustine
(EMP) treatment, and have the HLA-A24 phenotype.
We are administering personalized peptide
vaccines in combination with EMP to these
patients in order to confirm the safety and
efficacy of the treatment in Japan.
We also plan to carry out preclinical studies
of personalized peptide vaccines for prostate
cancer patients with the HLA-A2 phenotype,
targeting the US and European market. Toxicity
and formulation studies of these personalized
peptide vaccines will be carried out in animals
We have also already filed an IND application
with the PMDA and started Phase I trials
of personalized peptide vaccines for treatment
of malignant brain tumors (glioblastoma).
Our target patients are HLA-A24(+) and are
refractory to initial treatment (radiation
therapy or combination chemotherapy and radiation
therapy after surgery). We are administering
personalized peptide vaccines without any
concomitant drugs to confirm the safety and
efficacy of the peptide vaccine.
Perseus Proteomics Inc. (http://www.ppmx.com/en/index.html)

Based on novel protein expression technology
developed at and transferred from the Laboratory
for Systems Biology and Medicine (LSBM),
a state-of-the-art division of the Research
Center for Advanced Science and Technology
(RCAST) at the University of Tokyo, Perseus
Proteomics develops biotechnology-based antibody
therapeutics and diagnostic biomarkers in
collaboration with world-class scientists
and clinicians at the University of Tokyo.
Argenes, Inc. (http://www.argenes.co.jp/english/index.html)

Argenes, Inc. is a Japanese bio-venture established
in April 2004 focusing primarily on the development
of novel biopharmaceuticals and molecular
targeting therapeutics, including anti-rheumatoid
arthritis (RA), and anti-osteoarthritis.
Currently, our most innovatory prospective
candidate for the treatment of RA is the
drug anti-Fas mAb ARG098. We operate preclinical
and clinical studies as well as manufacturer
pharmaceuticals through managing of CRO and
CMO. At Argenes, Inc. we continually seek
to expand globally through creating alliances
and through licensing out development rights
and marketing rights.
AlphaGEN Co.,Ltd.
http://www.alphagen.jp/index.html

siChimeraTM
The greatest challenges in siRNA drug development lie in in vivo stability, manufacturing cost, interferon induction and other adverse reactions, and patent-related
issues. siChimeraTM is a technology founded by Kaoru Saigo of the University of Tokyo School of Science to address these issues
(patent no. 3803318 granted 05/2006). We use this technology in our own siRNA drug discovery efforts. siChimeraTM uses chimera RNAi,
in which both sense and antisene stands consist of DNA/RNA chimera.
*Angiogenic siRNA (for intermittent claudication, obstructive arteriosclerosis, and cardiac infarctions)
We are developing siRNA drugs targeting a control factor for HIF (hypoxia-inducible factor), which is one of the main factors involved in angiogenesis.
We have found that siRNA can promote angiogenesis by inducing expression of several angiogenic factors simultaneously by preventing breakdown of HIF
inside the cell. It is therefore expected that delivery of siRNA to disease-affected sites can efficiently induce angiogenesis, leading to a breakthrough in treatment
for obstructive arteriosclerosis.
TSD Japan Inc.
http://www.tsd-japan.co.jp/english/

Japanese Pharmaceutical Companies seeking in-licensing opportunities are suffering from:
1. Insufficient or unavailable data/information required for an in-house strategy conference.
2. Because the success rate in clinical development is low, it must finally be judged by examining results at the point of care.
3. Shortage of in-house development resources.
While they are interested in the compound, they cannot reach a decision because of insufficient information!
Solution of TSD Japan
1. Analyze what information is insufficient, although required, for an in-house strategy meeting by the potential Japanese licensee.
2. Carry out, with TSD's own resources, a minimal-scale clinical trial to get the results required for such an in-house meeting.
3. Propose a flexible partnering framework, such as an option contract containing risk sharing, for in-licensing negotiations.
They have been waiting for just such data to clear away their doubts about the compound.
CanBas Co., Ltd. (http://www.canbas.co.jp/)

CanBas was spun off of the research of three
scientists from the Nagoya City Medical School
and Fujita Health Medical School.
These scientists founded CanBas as a drug
development biotech with help by angels and
venture capitalists in 2000.
The company's core technologies include drugs
that target the G2 checkpoint and a screening
system to find selective abrogators of the
G2 checkpoint.
CanBas is also developing techniques to best
determine the specific drug sensitivity of
individual cancers from a patient, to increase
the probability of prescribing a successful
drug regime.
Y's Therapeutics Co. Limited
http://www.ysthera.com/index.html

Y's Therapeutics focuses on developing monoclonal
antibody therapies and other molecular-targeted
biological drugs for the treatment of inflammation-mediated
diseases, cancer, and other unmet medical
needs. We also have small molecule compounds
in our R&D pipeline to diversify our
portfolio.
Our R&D pipeline has six on-going projects.
YSPSL is a recombinant molecule project,
which prevents tissue damage around the blood
vessel from inappropriate inflammation. YSCMA
is a humanized monoclonal antibody project
for solid tumors and hematological malignancies.
YSAVA and YSTOP are projects in research
stage targeting cancer. YSIL6 and YSTH2 are
research projects targeting rheumatoid arthritis
and inflammatory diseases respectively.
UMN Phrama Inc. (http://umnpharma.com/eng/index.html)

UMN-01, a novel anti-cancer product for which we have licensed exclusive worldwide rights, is a small molecule down-regulator of GRP78, a 78 kDa glucose regulated protein that belongs to the HSP70 family of heat shock proteins. GRP78 is induced in a wide variety of cancers, resulting in inhibition of apoptosis. Specifically under glucose deprivation, which can be observed in cancer tissues, UMN-01 restores apoptosis via GRP78 down-regulation at the transcriptional level. In mouse xenograft models UMN-01 has shown pharmacological efficacy against human stomach, pancreatic, and lung cancer. We are conducting preclinical studies and plan to start the first clinical study for the treatment of pancreatic cancer in late 2007.
UMN-02, for the treatment of pancreatitis, evolved from our own studies. We first identified a target molecule known to be related to the pathophysiology of pancreatitis. We then looked for small molecule candidates with existing pre-clinical and clinical data that could be repurposed for acute and chronic pancreatitis. We then secured necessary intellectual property rights through patents. We plan to conduct the Phase IIa study in the US from early 2007.
UMN-03 is a recombinant fusion protein, which neutralizes endogenous myostatin (growth and differentiation factor 8 or GDF-8), a protein whose role is to reduce the amount of muscle tissue that is formed. Substantial published data indicate that blocking the action of myostatin can promote extra muscle growth, thus providing potential therapeutic advantage for patients with muscular dystrophy. Furthermore, UMN-03 can reduce fat tissue and could thereby provide a new therapeutic approach for type II diabetes or obesity. We plan to start the first clinical study in early 2008.
UMN-05 is an in-licensed product from Protein Sciences Corporation and its trade mark in the US is FluBlOk(TM). The project includes two recombinant vaccines, TIV (trivalent inactivated influenza vaccine) and vaccine against avian influenza virus which may cause a pandemia. The current licensed influenza vaccines, which are produced in eggs, have various weak points such as the difficulty to use them in subjects allergic to eggs and the long period of time needed to produce them, while UMN-05 is produced in Protein Sciences patented insect cell lines and formulated in PBS without any preservatives or adjuvant. In the US, FluBlOk(TM) is expected to obtain market approval before the 2008/09 influenza season.
Dynavec Corporation (http://www.dnavec-corp.com/english/index_e.html)

3 Core Technologies
Our antecedent, DNAVEC Research Inc, has developed many technologies throughout 9 years of research and development. The 3 core technologies are given below. Our company has the exclusive rights of the patents.
Sendai Virus Vectors(SeV):
Suitable in a wide-range which includes gene therapy, gene vaccines, functional analysis of genes, and manufacturing of recombinant proteins as a cytoplasmic RNA vector
New pseudo-type Simian Immunodeficiency Virus (SIV):
The first practicable vector for use in respiratory systems in the world
Selective Amplifier Genes:
Artificial genes that improve the functions of vectors for use in blood disorders
Aqumen Biopharmaceuticals. (http://www.aqumen.jp/en/index.php)

The Company's current portfolio of compounds and technologies in the development pipeline includes: i) A0001, Ophthalmic Dye for Retinal Surgery ii) A0003, Novel treatments for Age-related Macular Degeneration (AMD). and iii)A0006 . Company is in negotiations to acquire rights to a Phase II program by year end 2007. The following diagram summarizes the important existing and anticipated clinical development milestones for each of the programs as they relate to their respective targeted applications:
D.Western Therapeutics Institute (http://www.dwti.co.jp/e/top.html)

Drug Western Method
=Our Original Patented Technology
The Drug Western Method examines what types
of protein in the body were affected by the
administered drug, and also examines the
pharmacological effects caused by the drug
administration. The structure and function
of the protein can be revealed by isolating
the protein gene that the drug affects and
conducting the mapping of gene sequences.
Consequently, the molecular target of a new
drug becomes identifiable. In other words,
the way that the new drug works can be learned
in advance.
GeneCare Research Institute Co., Ltd. (http://www.we-care-gene.com/en/index.html)

M's Science Corporation (http://www.m-sci.net/)

M's Science successfully navigated its way
through the difficult phases of research
& development in new seeds and acquisition
of funds. Now the company is conducting a
clinical study phase for several new drugs,
all of which are expected to be blockbusters
with a new mechanism of action. A Phase II
clinical study in the USA will begin soon
with our SA4503, sigma receptor agonist,
for patients with depression and strokes.
Also, we will be preparing a clinical study
of HF10, attenuated herpes simplex virus,
with cancer patients, in 2006. With my more
than 10-years of experience in the USA and
a 3-years career in top management in Quintiles,
the largest CRO in the world, I am very much
excited about this challenge of reaching
our goal of establishing a high quality pharma
bio company in Japan.
Regenerative Medicine
Japan Tissue Engineering Co., Ltd. (J-TEC)
(http://www.jpte.co.jp/e/e_cont_index.html)

The technology for keratinocyte cultivation
has been transferred to J-TEC by Professor
Minoru Ueda of Nagoya University. J-TEC members
have accumulated their ex-pertise under the
guidance of Professor H.Green, who developed
the technique, and clinical authority Dr.
Michele De Luca, and possesses the skills
to generate cultured epidermis using Green's
technique to meet the highest global standards.
By isolating keratinocytes from a 1-cm2 skin
sample and culturing them as illustrated
below, a sheet of cultured epidermis meas-uring
around 1000 cm2 can be produced in around
two weeks.
ArBlast Co., Ltd (http://www.arblast.jp/e/index.html)

ArBlast was established in December 2005.
Using the collagen sheet obtained by processing
the human amniotic membrane, it is a regenerative
medicine venture that regenerates various
tissues.
At present, ArBlast is engaged in the development
of the refined collagen sheet derived from
human amnion which is made from refining
the human amnion and using this sheet as
the basement membrane, cultured corneal epithelial
cell sheet and cultured corneal endothelial
sheet are being developed. The collagen sheet
derived from human amnion has diverse immunological
characteristics, and at present it is impossible
to synthesize substitute collagen sheets.
Furthermore, the amniotic membrane does not
include blood vessel elements, making it
possible to reduce rejection after transplant.
This is a big benefit of the sheet. The sheet
is suitable as culture basement membrane
for different types of tissue. Even for independent
use, its application in medical treatment
is being considered.
CellSeed Inc. (http://www.cellseed.com/index-e.html)

Many fundamental technological innovations
applied to regenerative medicine have been
produced by academic institutions. CellSeed
matured one of these "Cell-sheet engineering".
Our vision is to develop "Cell-sheet
medicine" utilizing "Cell-sheet
engineering"for patients suffering from
specific diseases difficult to cure by existing
medical technology.
To achieve this business goal, we offer 1)
Cell-sheet engineering technology to exploit
to support tissue-based surgical therapies,
transplantation, and fundamental science
and discovery, and 2) High value-added laboratory
consumables and novel equipment derived from
our unique Bio-nano interface technology
to support research leading to innovative
bio-technology that ultimately will contribute
to new discoveries and products.
BCS,Inc. (http://www.bcsinc.co.jp/en/index.htm)

Biotechnology, transplantation, and gene
therapy are the most expected new medical
technologies of today. Collaborated with
Tokai University, we have developed the technology
to generate composite cultured skin, a kind
of tissue engineering and regenerative medicine.
Ahead of others in the same trade, we have
achieved successful cases of applying the
composite cultured skin in treatment of patients
with severe burn injury. We aim to enhance
this technology and apply it to generate
broader range of biomaterial, such as cartilage,
born, or body organs in future. We will keep
working for the further development of the
new medical transplantation.
ReproCELL Incorporated (http://www.reprocell.com/en/index.html)

ReproCELL Inc. hopes to contribute to the
development of new drug in Japan by utilizing
monkey and human ES cells, providing training
and consulting for medical industries after
providing specialized training to technicians
and researchers in handling skills and knowledge
of primate ES cells, based on the experience
accumulated at Nakatsuji research office
at the Institute for Frontier Medical Science.
Platform Technologies
CellFree Sciences Co., Ltd(http://www.cfsciences.com/eg/index.html)

ENDEXT(R) Technology signifies the wheat
germ cell-free protein synthesis technology
that was developed by Professor Yaeta Endo
of Ehime University. The wheat germ lysate
produced by the new technology is free of
translation inhibitors, and as a result,
it permits remarkably stable in vitro protein
synthesis: all that is needed for the synthesis
is to add the target mRNA as well as the
amino acids and other substrates to the lysate.
The eukaryotic origin of the ENDEXT(R) wheat
germ lysate has made it possible to produce
a broad range of difficult-to-express proteins
including not only those of microorganisms
and higher forms of life but also artificial
proteins. Pacific Northwest National Laboratory
(PNNL), one of the nine national laboratories
of the U.S. Department of Energy, employed
the CFS automatic protein synthesizer GenDecoder1000.
PNNL will use it to synthesize proteins required
for Genomes to Life (GTL) program, whose
focus is on the molecular machines of DOE-relevant
microbes and their networking in living cells
and microbial communities. GenDecoder1000
is capable of transcription and translation
of 384 samples in an overnight campaign.
Carna Biosciences, Inc. (http://www.carnabio.com/english/)

Carna Biosciences has been studying the functions,
mechanisms and signaling of protein kinases
and EGF family molecules for their role in
diseases such as cancer, inflammation and
dermatitis.
We have cloned and classified over 500 varieties
of protein kinase genes from the human genome
by means of bioinformatics. By using knockout
and transgenic mice, and RNAi technology,
the company is attempting to clarify the
functions of orphan protein kinases along
with their implications in the pathogenesis
of diseases, thereby providing novel drug
targets.Regarding EGF molecules, Carna Biosciences
has been studying the activation mechanisms,
signaling pathway and physiological/pathological
roles of these proteins, with the emphasis
on HB-EGF. These growth factors are noted
not only for their roles as growth factors
but also for mediating the EGF receptor transactivation
in GPCR-induced cell proliferation. It is
becoming clear that EGF-mediated EGF receptor
transactivation is implicated in the pathogenesis
of diseases such as dermatitis, heart disease
and cancer. Also, EGF family molecules are
involved in steroid signal transduction.
The activation and signaling pathways of
these growth factors have drawn attention
as new drug targets. Carna Biosciences has
been characterizing these pathways in an
attempt to identify new drug targets.
Nimura Genetic Solutions Co., Ltd. (http://www.ngs-lab.com/en/)

Our mission: Isolating diverse creatures
including species indegenous to rainforests
in Malaysia, exploring new compounds which
lead development of new medicine conforming
to CBD and building a predominant bio-resource
collection, NGS will contribute to health
and progress of bioindustries in international
community.
To attain our mission, NGS has built a business
infrastructure to provide our know-how through
the collaboration with pharmaceutical companies.
Neo-Morgan Laboratory Inc. (http://www.neo-morgan.com/en/index-en.html)

We are a biotechnology company aimed to contribute
to the society by using our proprietary technology
that introduces mutations into organisms
resulting in various selected characters.
Our technology effectively works for the
improvement of plants and microorganisms
such as yeast and lactic bacteria. It improves
the efficiency of producing products and
enables us to achieve developed and useful
compounds. We also focus on the full understanding
of the mechanism that reveals the evolution
of all organisms on earth.
The substantial difference in the fidelity
of genomic replication between the leading
strand and the lagging strand is advantageous
in terms of evolution because it allows for
greater diversity of genotypes while guaranteeing
the genotypes that have occurred in the past.
The application of this Disparity Theory
by artificially increasing the difference
in the fidelity between the leading strand
and the lagging strand allows evolution to
accelerate while avoiding extinction of the
population.
PharmaDesign, Inc. (http://www.pharmadesign.co.jp/eng/)

PharmaDesign Inc. is a selective Genomic
Drug Discovery venture company founded by
professionals on bioinformatics and rational
drug design.
We contribute to the health and welfare of
people by devoting our latest genomic drug
discovery technique to develop innovative
medicines appropriate for individual needs.
We keep on making efforts everyday to achieve
our motto, "A novel creation is generated
by a dream, carried out by passion, and crystallized
by a firm sense of mission."
We have developed three business areas, 1)
drug discovery research, 2) contract research,
and 3) tool product sales, supporting development
process in genome drug discovery, from target
search to drug discovery to clinical development.
Bio Matrix Research Institute (http://www.biomatrix.co.jp/eng/index.html)

BIO MATRIX RESEARCH (BMR), a bio-venture
company launched by the Tokyo University
of Science, conducts wide-ranging advanced
research and is engaged in the development
and commercialization unique products.
Scientific advances are the outgrowth of
technological development. BMR develops technologies
that support the technologies required for
dynamic development in the fields of molecular
biology, medicine, and pharmacology.
Completion of the Human Genome Project in
2003 suggests that the human genome is no
longer a black box. The company's major
goals are development and practical application
of exhaustive analysis techniques, so the
outcome of genomic analyses can be applied
in research.
Medical Device & Others
MC Laboratory Inc. (http://www.mclab.co.jp/en/)

People today suffer from stress and disturbed
eating habits which can increase wastes in
blood and cause interrupted blood flow. MC
FAN is a blood fluidity measurement device
(blood fluidity analyzer) which simulates
capillary vessels. When a blood sample is
applied to the analyzer, the condition of
the blood can be displayed on the TV monitor
in real time.
Institute of Gene and Brain Science (http://www.ins-gbs.co.jp/en/index.html)

The Institute of Gene and Brain Science is
a drug discovery venture company that was
established by two physicians from the Keio
University School of Medicine, in 2001 to
translate their research results into the
innovative therapy.
We are developing innovative drugs and therapeutic
techniques for two disease areas (to refer
the followings) based on the research and
medical findings of the central nervous system
and brain tumors obtained by Dr. Masahiro
Toda, a neurosurgeon, in addition to the
basic medical findings in the field of immunology.
- Regeneration of central nervous system
for central nerve damage, disease (spinal
cord injury, cerebral infarction etc.)
- Cancer immune therapy
In association with the Keio University School
of Medicine, the Institute of GBS is a drug
discovery venture company that takes full
advantage of coordination between Keio and
GBS and the ample resources accumulated through
clinical studies. It is our mission that
we provide innovative drug and therapeutic
techniques for patients look forward to make
a quality of life .
Use Techno Corporation (http://www.utcbanaba.com/)

ReqMed Company, Ltd. (http://www.reqmed.co.jp)

Pharma Frontier (http://www.pharmafrontier.co.jp/dnamicroarray.html)

Summit Glycoresearch Corporation (http://www.sgr.co.jp/english.html)

Lymphotec (http://www.lymphotec.co.jp/index.htm)

Oncorex Inc. (http://www.oncorex.co.jp/index.html)

Aspion (http://www.aspion.co.jp/index.html)

Biomaster (http://www.biomaster.jp/web_site/english/index.html)

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