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About PTC299
PTC299 is a novel, orally administered small-molecule compound that inhibits the production of the protein vascular endothelial growth factor, or VEGF, in tumors. PTC discovered PTC299 through PTC's proprietary GEMS (Gene Expression Modulation by Small-Molecules) technology by targeting the post- transcriptional processes that regulate VEGF formation. Overexpression of VEGF plays a key role in the growth of many types of cancers. PTC299 inhibits VEGF production through a mechanism that is distinct from other VEGF inhibitors and has potential application in the treatment of multiple solid tumor types.
About GEMS
Gene Expression Modulation by Small-molecules (GEMS) is PTC's novel and proprietary screening technology for the identification of small-molecules that modulate post-transcriptional control mechanisms. Compounds identified through the GEMS technology target processes that act through the untranslated regions (UTRs) of messenger RNA (mRNA) molecules. GEMS was the basis for the discovery of PTC299 and is being used in multiple ongoing drug discovery programs.
About Department of Defense Clinical Translational Research Award
In September 2006, the company received a $2.2 million award from the
Department of the Army to fund development of PTC299 as a potential
treatment for breast cancer. The Department of Defense Clinical
Translational Research Award sponsors innovative preclinical and
clinical/translational research that may result in substantial improvements
over current approaches to breast cancer chemopreventi
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| SOURCE PTC Therapeutics, Inc. Copyright©2007 PR Newswire. All rights reserved |