26 October 2005
Cyprotex Receives Dual Boost for Research Development
Cyprotex PLC (LSE:CRX), the drug discovery technology and information
company, is pleased to announce that it has received peer-approved
publication of its “virtual human and rat” system, known
as Cloe PK®. The details of extensive validation results for
Cloe PK® showing how the technology can estimate blood levels
of new drugs without the use of animals, have been accepted for
publication by “Drug Metabolism and Disposition”, a
prestigious peer-reviewed journal encompassing work in this scientific
area.
In addition, Cyprotex has been awarded a grant by The Department
of Trade & Industry (DTI) to extend the group’s predictive
technologies used in the invention of new drugs. This news follows
a recent announcement that Cyprotex is to form its own research
group, Cyprotex Research Ltd, which will be aimed at eradicating
drug liabilities from the very earliest stages of drug discovery.
The research group, which will be headed by Dr David Leahy, Cyprotex’s
Founder and Chief Technical Officer, will form academic and industrial
collaborations to develop computational capabilities, to facilitate
R&D productivity improvements throughout the industry. New tools
and capabilities developed via the research group will be commercialised
and offered to Cyprotex’s pharmaceutical and biotechnology
partners.
Commenting on the news, Dr Leahy said “Peer-reviewed acceptance
of our work on Cloe PK® is an important landmark and a clear
endorsement of Cyprotex’s scientific excellence. This technology,
along with the new methodologies which we will develop as a result
of the DTI grant, will help us to make the next step in our drive
towards understanding and eradicating the problems associated with
how new drugs are processed by the body.”
For further information:
Cyprotex PLC
Dr Karen Jones, Business Development
Tel: +44 1625 505 100
info@cyprotex.com
www.cyprotex.com
Media Enquires:
Pope Woodhead & Associates Ltd
Claire Elbrow
Tel: +44 (0) 1480 300300
claire.elbrow@popewoodhead.com
www.popewoodhead.com
|