ViroLogic and AstraZeneca to Conduct Iressa(R) Biomarker Study
07 March 2005 - 11:00PM
PR Newswire (US)
ViroLogic and AstraZeneca to Conduct Iressa(R) Biomarker Study
SOUTH SAN FRANCISCO, Calif., March 7 /PRNewswire-FirstCall/ --
ViroLogic, Inc. (NASDAQ:VLGC) announced today that it had entered
into an agreement with AstraZeneca (NYSE:AZN) to conduct a cancer
biomarker study with application to Iressa(R), AstraZeneca's
selective epidermal growth factor receptor kinase inhibitor.
ViroLogic, utilizing its proprietary eTag(TM) assays will test
tumor samples from lung cancer patients treated with Iressa to
evaluate the utility of these assays in targeting patients who
would most likely benefit from Iressa. Under the agreement,
AstraZeneca will provide greater than 100 tumor samples from a
Phase IV trial of Iressa in the standard pathology lab format,
formalin-fixed, paraffin-embedded (FFPE) thin sections on glass
slides. ViroLogic will test the samples with its eTag assays for
specific protein biomarkers that ViroLogic has identified that are
indicative of activated signalling pathways in cells, which can
drive the accelerated growth of cancer cells. AstraZeneca will make
payments to ViroLogic for the project. Other financial details were
not disclosed. In recent months there have been several reports
that mutations in the epidermal growth factor receptor (EGFR) gene,
which codes for the protein targeted by Iressa in cancer cells, as
well as other genes, can indicate which patients will respond to
the drug. However, it appears that more patients respond to Iressa
than have these mutations, and researchers believe that other
cellular processes are responsible for this discrepancy. The
ViroLogic eTag assays look at cancer cells at a higher level than
the gene, focusing on functional proteins, which in many cases are
the actual targets for drugs. Being more proximal to the disease
process and the drug's modulation of it, assays for these proteins
could provide a more accurate prediction of a patient's likely
response to a particular drug. "We are impressed by ViroLogic's
technology, and think it may provide new insights into complex
biology," said Alan Barge, MD, Vice President, Clinical Oncology at
AstraZeneca. "We hope that the new information we obtain at the
cellular level with the eTag assays will have relevance clinically,
to better identify specific, individual patients who are likely to
respond to Iressa. We eagerly await the results of this study, and
to evaluating whether we will be using these types of assays more
broadly in our clinical efforts in oncology." "We are pleased to be
working with AstraZeneca," said William D. Young, ViroLogic's
Chairman and CEO. "They are a leader in the development of novel
oncology therapies, and we believe that our assays can enhance
those therapies by offering valuable information to physicians
prescribing Iressa, and to the clinical researchers developing
these agents. We believe our assays could impact other drugs in
AstraZeneca's oncology pipeline as well." ViroLogic's eTag assays
enable the analysis of an individual patient's tumor sample at the
protein and signaling pathway level, and provide a different, and
possibly more immediate and relevant view of the cancer process in
that patient than do certain genetic analyses because drugs
typically act on proteins. Testing for activated protein pathways
in FFPE samples is a unique advantage of eTag assays. ViroLogic
believes the future of cancer therapy will be personalized
treatments for individual patients, and that this will require a
combination of novel diagnostics and therapeutics. About ViroLogic
ViroLogic is a biotechnology company advancing individualized
medicine by discovering, developing and marketing innovative
products to guide and improve treatment of serious infectious
diseases and cancer. The Company's products are designed to help
doctors optimize treatment regimens for their patients that lead to
better outcomes and reduced costs. The Company's technology is also
being used by numerous biotechnology and pharmaceutical companies
to develop new and improved antiviral therapeutics and vaccines as
well as targeted cancer therapeutics. More information about the
Company and its technology can be found on its web site at
http://www.virologic.com/. About AstraZeneca AstraZeneca is a major
international healthcare business engaged in the research,
development, manufacture and marketing of prescription
pharmaceuticals and the supply of healthcare services. It is one of
the world's leading pharmaceutical companies with healthcare sales
of over $21.4 billion and leading positions in sales of
gastrointestinal, cardiovascular, respiratory, oncology and
neuroscience products. AstraZeneca is listed in the Dow Jones
Sustainability Index (Global) as well as the FTSE4Good Index.
Forward-Looking Statements Certain statements in this press release
are forward-looking, including statements relating to the ability
of the eTag technology to predict treatment outcomes, drug potency
or selectivity. These forward-looking statements are subject to
risks and uncertainties and other factors, which may cause actual
results to differ materially from the anticipated results or other
expectations expressed in such forward-looking statements. These
risks and uncertainties include, but are not limited to risks and
uncertainties relating to the performance of our products;
anticipated progress in development and commercialization of our
eTag assay system; the potential for use of our eTag assays in
clinical development programs; the potential for use of our eTag
assays as diagnostic tests; our ability to successfully conduct
clinical studies and the results obtained from those studies;
whether larger confirmatory clinical studies will confirm the
results of initial studies; our ability to establish reliable,
high-volume operations at commercially reasonable costs; expected
reliance on a few customers for the majority of our revenues;
actual market acceptance of and reimbursement for our products and
adoption of our technological approach and products by
pharmaceutical and biotechnology companies; competition from other
companies and technologies; our estimate of the size of our
markets; our estimates of the levels of demand for our products;
our ability to develop sales, marketing and organizational
capabilities suitable for the further development and
commercialization of our eTag assays; the ultimate validity and
enforceability of our patent applications and patents; and the
possible infringement of the intellectual property of others. For a
discussion of other factors that may cause our actual events to
differ from those projected, please refer to our most recent annual
report on Form 10-K and quarterly report on Form 10-Q, as well as
other subsequent filings with the Securities and Exchange
Commission. Trademarks eTag is a trademark of ViroLogic, Inc.
Iressa is a registered trademark of AstraZeneca. DATASOURCE:
ViroLogic, Inc. CONTACT: Alfred Merriweather, Vice President and
CFO of ViroLogic, Inc., +1-650-635-1100; or Carolyn Bumgardner Wang
of WeissComm Partners, +1-415-692-4218, or , for ViroLogic, Inc.
Web site: http://www.virologic.com/
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