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Sangamo BioSciences Reports Fourth Quarter and Full Year 2009 Financial Results
Date:2/3/2010

al SB-509-901 in moderately severe DN.
  • Prosecution of a Phase 1 clinical trial of a ZFN-based therapeutic in subjects with recurrent or refractory glioblastoma by Sangamo's collaborators at City of Hope.
  • Continued prosecution of Sangamo's Phase 1 trial of SB-728-T for HIV/AIDS and of the SB-728-T Phase 1 study by collaborators at the University of Pennsylvania School of Medicine.
  • Data Presentations from the Company's Phase 2 clinical trials of SB-509 for ALS (SB-509-801) and for severe DN (SB-509-701B).
  • Data Presentation from the SB-728-T– HIV / AIDS program.

  • Business - Strategic Collaborations & Enabling Technology Agreements

    • Achievement of milestones and royalties in agreement with Sigma-Aldrich.
    • Achievement of commercial sublicenses and milestones in agreement with Dow AgroSciences.
    • Pursue strategic partnerships in ZFP Therapeutics including SB-509.
    • Continue to present and publish data from research collaborations in ZFP-platform enabled biology.

    Financials and Operations

    • Maintain year-end 2010 cash and investments balance of at least $60.0 million.

    Conference Call

    Sangamo will host a conference call today at 5:00 p.m. ET, which will be open to the public.  The call will also be webcast live and can be accessed via a link on the Sangamo BioSciences website in the Investor Relations section under "Events and Presentations" http://investor.sangamo.com/events.cfm.  A repla
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    SOURCE Sangamo BioSciences, Inc.
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