SlideShare una empresa de Scribd logo
1 de 4
Descargar para leer sin conexión
Press Release

Domainex Awarded Technology Strategy Board Funding to Support its
Research into a Novel Cancer Drug

Cambridge, UK, 1st November 2011.

Domainex Ltd., the UK-based drug discovery company focused on speed and
innovation, has been awarded a £250,000 grant by the Technology Strategy
Board - the UK’s national innovation agency - to help support the development of
a new drug for the treatment of several common cancers.

Domainex’s novel drug will work by inhibiting two closely-related protein kinase
enzymes, TBK1 and IKKε. Recent studies carried out by academic groups and
by Domainex have shown that blocking these protein kinases will stop certain
cancer cell lines from growing, suggesting that inhibitors of these enzymes can
be used for the treatment of cancer. Furthermore, these enzymes are also
important in some inflammatory diseases, obesity, and Type 2 diabetes: and so
Domainex’s drug could have exciting wider applications.

Domainex’s initial attention will be focused on breast and ovarian cancers.
Breast cancer is the most common cancer in women. Every year it affects over a
million women worldwide and is the leading cause of death for women aged 40-
44. The five-year survival rate for Stage V cancer patients (advanced disease
progression) is just 16%. Ovarian cancer is rarely diagnosed in its early stages
and is usually quite advanced by the time diagnosis is made, resulting in poor
prognoses. The five-year survival rate for all stages is only 35% to 38%.

Domainex’s Research Director, Trevor Perrior, said: “A TBK1/IKKε inhibitor
would have a significant impact on patients with breast, ovarian and possibly
other cancers, leading to a better quality of life, and improved survival rates. The
novel mode of action will allow the treatment of patients with drug-resistant triple-
negative tumours which are of increasing importance in the clinic.”

Domainex’s TBK1/IKKe programme has already identified potent, selective and
drug-like inhibitors. These inhibitors have been shown to be effective in inhibiting
several cancer cell lines. Domainex’s research objective is to identify a
Candidate Drug that is effective in disease models and would be orally well-
absorbed by humans. The subsequent commercialization of this new drug would
be undertaken in partnership with a large pharmaceutical company which has the
resources to take the drug through clinical trials and to the marketplace.
The CEO of Domainex, Eddy Littler, commented: “Domainex is presently a
leader in this field. The funding of this proposal will allow Domainex to recruit a
number of scientists, preserving highly-skilled drug discovery jobs in the UK.
Given recent trends in the pharmaceutical industry it is very likely that the future
of drug research in this country will be based largely upon the success and
growth of biotechnology companies such as Domainex. We thank the TSB for its
support.”




                                     - ENDS -
Editors Notes:

About The Technology Strategy Board
•   The Technology Strategy Board is a business-led government body which works to
    create economic growth by ensuring that the UK is a global leader in innovation.
    Sponsored by the Department for Business, Innovation and Skills (BIS), the
    Technology Strategy Board brings together business, research and the public
    sector, supporting and accelerating the development of innovative products and
    services to meet market needs, tackle major societal challenges and help build the
    future economy. For more information please visit www.innovateuk.org

•   The funding was awarded by the Technology Strategy Board through its Grant for
    Research and Development scheme. This offers funding to small and medium-
    sized enterprises (SMEs) to engage in R&D projects in the strategically important
    areas of science, engineering and technology, from which successful new products,
    processes and services could emerge. The scheme supports R&D projects which
    offer potentially significant rewards and could stimulate UK economic growth.


About Domainex
• Domainex uses unique and proprietary technologies to resolve common bottlenecks
    facing the pharmaceutical and biotechnology industries in the post-genomic era.
    Major discovery 'gaps' exist between the vast amount of genomic information that is
    now available, the accessibility of the corresponding proteins for use in target
    validation and drug discovery, and the identification of robust hits in a cost effective
    manner. Founded in 2002, Domainex is a privately owned company based in
    Cambridge, UK.

•   Domainex has developed a discovery platform, which enables rapid progression of
    drug discovery projects from novel target through to Candidate Drug by means of its
    Combinatorial Domain Hunting technology, LeadBuilder virtual hit screening
    software, and its integrated approach to medicinal and computational chemistry.

•   Domainex’s patented CDH technology enables the cloning and expression of soluble
    drug target protein domains in E. coli, followed by the identification of those
    constructs that are able to bind a ligand. This enables binding assays to be
    developed, facilitating hit identification studies. In only 3-4 months, all expressible
    ligand binding domains of a target protein are identified (from libraries of 20,000-
    100,000 constructs), enabling key rate limiting steps in early drug discovery to be
    easily overcome and resulting in large time savings over standard approaches.

•   Domainex has also developed LeadBuilder - a virtual screening approach for targets
    which is specifically aimed at quickly identifying hit molecules that are ideally suited
    for further development.

•   The experienced medicinal chemistry team has a proven track record in supporting
    biotech or university groups by providing expertise to take hit compounds through
    lead optimization and on to candidate selection. Three compounds to date arising
    from these collaborations are currently in clinical evaluation, with two additional
    drugs in preclinical studies.
•   For more information see: www.domainex.co.uk or contact:

Joanne McCudden
Head of Business Development
Joanne.mccudden@domainex.co.uk
Tel +44 (0)1993 201 801

Dr Eddy Littler, CEO of Domainex is available for interview.

Más contenido relacionado

La actualidad más candente

Myelin repair open science summit 07.31.10 v2
Myelin repair   open science summit 07.31.10 v2Myelin repair   open science summit 07.31.10 v2
Myelin repair open science summit 07.31.10 v2Open Science Summit
 
HealthBIO 2021_Cancer I/O Translating immuno-oncology into health actions_Jer...
HealthBIO 2021_Cancer I/O Translating immuno-oncology into health actions_Jer...HealthBIO 2021_Cancer I/O Translating immuno-oncology into health actions_Jer...
HealthBIO 2021_Cancer I/O Translating immuno-oncology into health actions_Jer...Business Turku
 
HealthBIO 2020_Tim Schenk_Janssen Finland
HealthBIO 2020_Tim Schenk_Janssen FinlandHealthBIO 2020_Tim Schenk_Janssen Finland
HealthBIO 2020_Tim Schenk_Janssen FinlandBusiness Turku
 
PharmaDiplomacy: Principles for Collaborative Mutually Acceptable Drug Prici...
PharmaDiplomacy:  Principles for Collaborative Mutually Acceptable Drug Prici...PharmaDiplomacy:  Principles for Collaborative Mutually Acceptable Drug Prici...
PharmaDiplomacy: Principles for Collaborative Mutually Acceptable Drug Prici...Canadian Organization for Rare Disorders
 
HealthBIO 2021_Opening words_Maarit Merla
HealthBIO 2021_Opening words_Maarit MerlaHealthBIO 2021_Opening words_Maarit Merla
HealthBIO 2021_Opening words_Maarit MerlaBusiness Turku
 
HealthBIO 2021_PerkinElmer, leading with innovation - from COVID success into...
HealthBIO 2021_PerkinElmer, leading with innovation - from COVID success into...HealthBIO 2021_PerkinElmer, leading with innovation - from COVID success into...
HealthBIO 2021_PerkinElmer, leading with innovation - from COVID success into...Business Turku
 
HealthBIO 2021,_The InFlames Flagship_Timo Veromaa
HealthBIO 2021,_The InFlames Flagship_Timo VeromaaHealthBIO 2021,_The InFlames Flagship_Timo Veromaa
HealthBIO 2021,_The InFlames Flagship_Timo VeromaaBusiness Turku
 
Global nanomedicine market & pipeline insight 2015
Global nanomedicine market & pipeline insight 2015Global nanomedicine market & pipeline insight 2015
Global nanomedicine market & pipeline insight 2015KuicK Research
 
Identification, prioritization and conduct of applied research and analyses i...
Identification, prioritization and conduct of applied research and analyses i...Identification, prioritization and conduct of applied research and analyses i...
Identification, prioritization and conduct of applied research and analyses i...EFSA EU
 
Precision Medicine- Growth Opportunities for Genomics Technologies
Precision Medicine- Growth Opportunities for Genomics TechnologiesPrecision Medicine- Growth Opportunities for Genomics Technologies
Precision Medicine- Growth Opportunities for Genomics TechnologiesWilliam Baird
 
HealthBIO 2020_Tero Piispanen_Turku Science Park
HealthBIO 2020_Tero Piispanen_Turku Science ParkHealthBIO 2020_Tero Piispanen_Turku Science Park
HealthBIO 2020_Tero Piispanen_Turku Science ParkBusiness Turku
 
Tero-Pekka Alastalo - Blueprint Genetics - Stanford Engineering - Jan 4 2016
Tero-Pekka Alastalo - Blueprint Genetics - Stanford Engineering - Jan 4 2016Tero-Pekka Alastalo - Blueprint Genetics - Stanford Engineering - Jan 4 2016
Tero-Pekka Alastalo - Blueprint Genetics - Stanford Engineering - Jan 4 2016Burton Lee
 
McK Q Genomics 22125
McK Q Genomics 22125McK Q Genomics 22125
McK Q Genomics 22125Craig Tanio
 
HealthBIO 2021_Orion’s new strategy and industry trends seen from a midsize p...
HealthBIO 2021_Orion’s new strategy and industry trends seen from a midsize p...HealthBIO 2021_Orion’s new strategy and industry trends seen from a midsize p...
HealthBIO 2021_Orion’s new strategy and industry trends seen from a midsize p...Business Turku
 
Structure-Based Drug Design Facts & Figures Infographic
Structure-Based Drug Design Facts & Figures InfographicStructure-Based Drug Design Facts & Figures Infographic
Structure-Based Drug Design Facts & Figures InfographicJames Prudhomme
 
Infographic: The World of Drug Development Trends
Infographic: The World of Drug Development TrendsInfographic: The World of Drug Development Trends
Infographic: The World of Drug Development TrendsIndustry Standard Research
 
HealthBIO 2020_Philippe Arnez_LS CancerDiag
HealthBIO 2020_Philippe Arnez_LS CancerDiagHealthBIO 2020_Philippe Arnez_LS CancerDiag
HealthBIO 2020_Philippe Arnez_LS CancerDiagBusiness Turku
 
Global gene therapy market & pipeline insight
Global gene therapy market & pipeline insightGlobal gene therapy market & pipeline insight
Global gene therapy market & pipeline insightKuicK Research
 

La actualidad más candente (20)

Myelin repair open science summit 07.31.10 v2
Myelin repair   open science summit 07.31.10 v2Myelin repair   open science summit 07.31.10 v2
Myelin repair open science summit 07.31.10 v2
 
HealthBIO 2021_Cancer I/O Translating immuno-oncology into health actions_Jer...
HealthBIO 2021_Cancer I/O Translating immuno-oncology into health actions_Jer...HealthBIO 2021_Cancer I/O Translating immuno-oncology into health actions_Jer...
HealthBIO 2021_Cancer I/O Translating immuno-oncology into health actions_Jer...
 
HealthBIO 2020_Tim Schenk_Janssen Finland
HealthBIO 2020_Tim Schenk_Janssen FinlandHealthBIO 2020_Tim Schenk_Janssen Finland
HealthBIO 2020_Tim Schenk_Janssen Finland
 
PharmaDiplomacy: Principles for Collaborative Mutually Acceptable Drug Prici...
PharmaDiplomacy:  Principles for Collaborative Mutually Acceptable Drug Prici...PharmaDiplomacy:  Principles for Collaborative Mutually Acceptable Drug Prici...
PharmaDiplomacy: Principles for Collaborative Mutually Acceptable Drug Prici...
 
HealthBIO 2021_Opening words_Maarit Merla
HealthBIO 2021_Opening words_Maarit MerlaHealthBIO 2021_Opening words_Maarit Merla
HealthBIO 2021_Opening words_Maarit Merla
 
HealthBIO 2021_PerkinElmer, leading with innovation - from COVID success into...
HealthBIO 2021_PerkinElmer, leading with innovation - from COVID success into...HealthBIO 2021_PerkinElmer, leading with innovation - from COVID success into...
HealthBIO 2021_PerkinElmer, leading with innovation - from COVID success into...
 
Theralase's unique value proposition
Theralase's unique value propositionTheralase's unique value proposition
Theralase's unique value proposition
 
HealthBIO 2021,_The InFlames Flagship_Timo Veromaa
HealthBIO 2021,_The InFlames Flagship_Timo VeromaaHealthBIO 2021,_The InFlames Flagship_Timo Veromaa
HealthBIO 2021,_The InFlames Flagship_Timo Veromaa
 
Global nanomedicine market & pipeline insight 2015
Global nanomedicine market & pipeline insight 2015Global nanomedicine market & pipeline insight 2015
Global nanomedicine market & pipeline insight 2015
 
Identification, prioritization and conduct of applied research and analyses i...
Identification, prioritization and conduct of applied research and analyses i...Identification, prioritization and conduct of applied research and analyses i...
Identification, prioritization and conduct of applied research and analyses i...
 
Precision Medicine- Growth Opportunities for Genomics Technologies
Precision Medicine- Growth Opportunities for Genomics TechnologiesPrecision Medicine- Growth Opportunities for Genomics Technologies
Precision Medicine- Growth Opportunities for Genomics Technologies
 
Ourotech
OurotechOurotech
Ourotech
 
HealthBIO 2020_Tero Piispanen_Turku Science Park
HealthBIO 2020_Tero Piispanen_Turku Science ParkHealthBIO 2020_Tero Piispanen_Turku Science Park
HealthBIO 2020_Tero Piispanen_Turku Science Park
 
Tero-Pekka Alastalo - Blueprint Genetics - Stanford Engineering - Jan 4 2016
Tero-Pekka Alastalo - Blueprint Genetics - Stanford Engineering - Jan 4 2016Tero-Pekka Alastalo - Blueprint Genetics - Stanford Engineering - Jan 4 2016
Tero-Pekka Alastalo - Blueprint Genetics - Stanford Engineering - Jan 4 2016
 
McK Q Genomics 22125
McK Q Genomics 22125McK Q Genomics 22125
McK Q Genomics 22125
 
HealthBIO 2021_Orion’s new strategy and industry trends seen from a midsize p...
HealthBIO 2021_Orion’s new strategy and industry trends seen from a midsize p...HealthBIO 2021_Orion’s new strategy and industry trends seen from a midsize p...
HealthBIO 2021_Orion’s new strategy and industry trends seen from a midsize p...
 
Structure-Based Drug Design Facts & Figures Infographic
Structure-Based Drug Design Facts & Figures InfographicStructure-Based Drug Design Facts & Figures Infographic
Structure-Based Drug Design Facts & Figures Infographic
 
Infographic: The World of Drug Development Trends
Infographic: The World of Drug Development TrendsInfographic: The World of Drug Development Trends
Infographic: The World of Drug Development Trends
 
HealthBIO 2020_Philippe Arnez_LS CancerDiag
HealthBIO 2020_Philippe Arnez_LS CancerDiagHealthBIO 2020_Philippe Arnez_LS CancerDiag
HealthBIO 2020_Philippe Arnez_LS CancerDiag
 
Global gene therapy market & pipeline insight
Global gene therapy market & pipeline insightGlobal gene therapy market & pipeline insight
Global gene therapy market & pipeline insight
 

Destacado

Horizon Domainex collaboration
Horizon Domainex collaborationHorizon Domainex collaboration
Horizon Domainex collaborationpfallon
 
Domainex Experienced Medicinal Chemist Vacancies
Domainex Experienced Medicinal Chemist VacanciesDomainex Experienced Medicinal Chemist Vacancies
Domainex Experienced Medicinal Chemist Vacanciespfallon
 
5 utilitarianism
5 utilitarianism5 utilitarianism
5 utilitarianismdborcoman
 
Service Expansion Press Release
Service Expansion Press ReleaseService Expansion Press Release
Service Expansion Press Releasepfallon
 
Environmental Ethics Views on Deforestation
Environmental Ethics Views on DeforestationEnvironmental Ethics Views on Deforestation
Environmental Ethics Views on DeforestationPriyesh Kara
 

Destacado (7)

Horizon Domainex collaboration
Horizon Domainex collaborationHorizon Domainex collaboration
Horizon Domainex collaboration
 
Domainex Experienced Medicinal Chemist Vacancies
Domainex Experienced Medicinal Chemist VacanciesDomainex Experienced Medicinal Chemist Vacancies
Domainex Experienced Medicinal Chemist Vacancies
 
5 utilitarianism
5 utilitarianism5 utilitarianism
5 utilitarianism
 
Service Expansion Press Release
Service Expansion Press ReleaseService Expansion Press Release
Service Expansion Press Release
 
Environmental Ethics Views on Deforestation
Environmental Ethics Views on DeforestationEnvironmental Ethics Views on Deforestation
Environmental Ethics Views on Deforestation
 
Environmental Ethics
Environmental EthicsEnvironmental Ethics
Environmental Ethics
 
Ethics
EthicsEthics
Ethics
 

Similar a Domainex TSB Funding Awarded For Cancer Program

University of Leicester Press release 2016
University of Leicester Press release 2016University of Leicester Press release 2016
University of Leicester Press release 2016Philip Fallon
 
Domainex Sigma TSB Announcement
Domainex Sigma TSB AnnouncementDomainex Sigma TSB Announcement
Domainex Sigma TSB Announcementpfallon
 
MDC Connects Series 2021 | A Guide to Complex Medicines: Where are we now, wh...
MDC Connects Series 2021 | A Guide to Complex Medicines: Where are we now, wh...MDC Connects Series 2021 | A Guide to Complex Medicines: Where are we now, wh...
MDC Connects Series 2021 | A Guide to Complex Medicines: Where are we now, wh...Medicines Discovery Catapult
 
Domainex And Pharmidex Announce Drug Discovery Alliance
Domainex And Pharmidex Announce Drug Discovery AllianceDomainex And Pharmidex Announce Drug Discovery Alliance
Domainex And Pharmidex Announce Drug Discovery Alliancepfallon
 
Domainex Ark Press Release June 2009 Final
Domainex Ark Press Release June 2009 FinalDomainex Ark Press Release June 2009 Final
Domainex Ark Press Release June 2009 Finaldikheidi
 
Domainex McCudden Press Release
Domainex   McCudden Press ReleaseDomainex   McCudden Press Release
Domainex McCudden Press ReleaseJoanne McCudden
 
Domainex Press Release For Wt Mpr Final Version (2) (2)
Domainex Press Release For Wt Mpr Final Version (2) (2)Domainex Press Release For Wt Mpr Final Version (2) (2)
Domainex Press Release For Wt Mpr Final Version (2) (2)dikheidi
 
Domainex Press Release WelcomeTrust SDDI Grant
Domainex Press Release WelcomeTrust SDDI GrantDomainex Press Release WelcomeTrust SDDI Grant
Domainex Press Release WelcomeTrust SDDI Grantpfallon
 
Domainex Lead Builder Press Release
Domainex Lead Builder Press ReleaseDomainex Lead Builder Press Release
Domainex Lead Builder Press Releasepfallon
 
Stratified Medicines Innovation Platform
Stratified Medicines Innovation PlatformStratified Medicines Innovation Platform
Stratified Medicines Innovation PlatformEuroBioForum
 
Problems facing the pharmaceutical industry
Problems facing the pharmaceutical industryProblems facing the pharmaceutical industry
Problems facing the pharmaceutical industryKelly To
 
Crb Bio Ii Summary Nov2010 Eng
Crb Bio Ii Summary Nov2010 EngCrb Bio Ii Summary Nov2010 Eng
Crb Bio Ii Summary Nov2010 Engasantos100
 
OxfordSM's pharma case studies - providing a call to action
OxfordSM's pharma case studies - providing a call to actionOxfordSM's pharma case studies - providing a call to action
OxfordSM's pharma case studies - providing a call to actionOxfordSM
 
Domainex Hypha Press Release
Domainex Hypha Press ReleaseDomainex Hypha Press Release
Domainex Hypha Press Releasepfallon
 
Impact Through Innovation: The Wellcome Sanger Institute
Impact Through Innovation: The Wellcome Sanger InstituteImpact Through Innovation: The Wellcome Sanger Institute
Impact Through Innovation: The Wellcome Sanger InstituteVictoria Lebedeva- Baxter ACIM
 
Invest in Denmark Lifescience Cluster- Intro
Invest in Denmark Lifescience Cluster- IntroInvest in Denmark Lifescience Cluster- Intro
Invest in Denmark Lifescience Cluster- IntroPramila Das
 
UK Diagnostics Summit Presentations
UK Diagnostics Summit PresentationsUK Diagnostics Summit Presentations
UK Diagnostics Summit PresentationsScott Buckler
 
CHLA Pediatric Health Investment Opportunities_Sept 16
CHLA Pediatric Health Investment Opportunities_Sept 16CHLA Pediatric Health Investment Opportunities_Sept 16
CHLA Pediatric Health Investment Opportunities_Sept 16Jessica Rousset
 
Presentation for UMass Workshop
Presentation for UMass WorkshopPresentation for UMass Workshop
Presentation for UMass WorkshopDaisy LaFlamme
 

Similar a Domainex TSB Funding Awarded For Cancer Program (20)

University of Leicester Press release 2016
University of Leicester Press release 2016University of Leicester Press release 2016
University of Leicester Press release 2016
 
Domainex Sigma TSB Announcement
Domainex Sigma TSB AnnouncementDomainex Sigma TSB Announcement
Domainex Sigma TSB Announcement
 
MDC Connects Series 2021 | A Guide to Complex Medicines: Where are we now, wh...
MDC Connects Series 2021 | A Guide to Complex Medicines: Where are we now, wh...MDC Connects Series 2021 | A Guide to Complex Medicines: Where are we now, wh...
MDC Connects Series 2021 | A Guide to Complex Medicines: Where are we now, wh...
 
Domainex And Pharmidex Announce Drug Discovery Alliance
Domainex And Pharmidex Announce Drug Discovery AllianceDomainex And Pharmidex Announce Drug Discovery Alliance
Domainex And Pharmidex Announce Drug Discovery Alliance
 
Domainex Ark Press Release June 2009 Final
Domainex Ark Press Release June 2009 FinalDomainex Ark Press Release June 2009 Final
Domainex Ark Press Release June 2009 Final
 
Dental directory
Dental directoryDental directory
Dental directory
 
Domainex McCudden Press Release
Domainex   McCudden Press ReleaseDomainex   McCudden Press Release
Domainex McCudden Press Release
 
Domainex Press Release For Wt Mpr Final Version (2) (2)
Domainex Press Release For Wt Mpr Final Version (2) (2)Domainex Press Release For Wt Mpr Final Version (2) (2)
Domainex Press Release For Wt Mpr Final Version (2) (2)
 
Domainex Press Release WelcomeTrust SDDI Grant
Domainex Press Release WelcomeTrust SDDI GrantDomainex Press Release WelcomeTrust SDDI Grant
Domainex Press Release WelcomeTrust SDDI Grant
 
Domainex Lead Builder Press Release
Domainex Lead Builder Press ReleaseDomainex Lead Builder Press Release
Domainex Lead Builder Press Release
 
Stratified Medicines Innovation Platform
Stratified Medicines Innovation PlatformStratified Medicines Innovation Platform
Stratified Medicines Innovation Platform
 
Problems facing the pharmaceutical industry
Problems facing the pharmaceutical industryProblems facing the pharmaceutical industry
Problems facing the pharmaceutical industry
 
Crb Bio Ii Summary Nov2010 Eng
Crb Bio Ii Summary Nov2010 EngCrb Bio Ii Summary Nov2010 Eng
Crb Bio Ii Summary Nov2010 Eng
 
OxfordSM's pharma case studies - providing a call to action
OxfordSM's pharma case studies - providing a call to actionOxfordSM's pharma case studies - providing a call to action
OxfordSM's pharma case studies - providing a call to action
 
Domainex Hypha Press Release
Domainex Hypha Press ReleaseDomainex Hypha Press Release
Domainex Hypha Press Release
 
Impact Through Innovation: The Wellcome Sanger Institute
Impact Through Innovation: The Wellcome Sanger InstituteImpact Through Innovation: The Wellcome Sanger Institute
Impact Through Innovation: The Wellcome Sanger Institute
 
Invest in Denmark Lifescience Cluster- Intro
Invest in Denmark Lifescience Cluster- IntroInvest in Denmark Lifescience Cluster- Intro
Invest in Denmark Lifescience Cluster- Intro
 
UK Diagnostics Summit Presentations
UK Diagnostics Summit PresentationsUK Diagnostics Summit Presentations
UK Diagnostics Summit Presentations
 
CHLA Pediatric Health Investment Opportunities_Sept 16
CHLA Pediatric Health Investment Opportunities_Sept 16CHLA Pediatric Health Investment Opportunities_Sept 16
CHLA Pediatric Health Investment Opportunities_Sept 16
 
Presentation for UMass Workshop
Presentation for UMass WorkshopPresentation for UMass Workshop
Presentation for UMass Workshop
 

Domainex TSB Funding Awarded For Cancer Program

  • 1. Press Release Domainex Awarded Technology Strategy Board Funding to Support its Research into a Novel Cancer Drug Cambridge, UK, 1st November 2011. Domainex Ltd., the UK-based drug discovery company focused on speed and innovation, has been awarded a £250,000 grant by the Technology Strategy Board - the UK’s national innovation agency - to help support the development of a new drug for the treatment of several common cancers. Domainex’s novel drug will work by inhibiting two closely-related protein kinase enzymes, TBK1 and IKKε. Recent studies carried out by academic groups and by Domainex have shown that blocking these protein kinases will stop certain cancer cell lines from growing, suggesting that inhibitors of these enzymes can be used for the treatment of cancer. Furthermore, these enzymes are also important in some inflammatory diseases, obesity, and Type 2 diabetes: and so Domainex’s drug could have exciting wider applications. Domainex’s initial attention will be focused on breast and ovarian cancers. Breast cancer is the most common cancer in women. Every year it affects over a million women worldwide and is the leading cause of death for women aged 40- 44. The five-year survival rate for Stage V cancer patients (advanced disease progression) is just 16%. Ovarian cancer is rarely diagnosed in its early stages and is usually quite advanced by the time diagnosis is made, resulting in poor prognoses. The five-year survival rate for all stages is only 35% to 38%. Domainex’s Research Director, Trevor Perrior, said: “A TBK1/IKKε inhibitor would have a significant impact on patients with breast, ovarian and possibly other cancers, leading to a better quality of life, and improved survival rates. The novel mode of action will allow the treatment of patients with drug-resistant triple- negative tumours which are of increasing importance in the clinic.” Domainex’s TBK1/IKKe programme has already identified potent, selective and drug-like inhibitors. These inhibitors have been shown to be effective in inhibiting several cancer cell lines. Domainex’s research objective is to identify a Candidate Drug that is effective in disease models and would be orally well- absorbed by humans. The subsequent commercialization of this new drug would be undertaken in partnership with a large pharmaceutical company which has the resources to take the drug through clinical trials and to the marketplace.
  • 2. The CEO of Domainex, Eddy Littler, commented: “Domainex is presently a leader in this field. The funding of this proposal will allow Domainex to recruit a number of scientists, preserving highly-skilled drug discovery jobs in the UK. Given recent trends in the pharmaceutical industry it is very likely that the future of drug research in this country will be based largely upon the success and growth of biotechnology companies such as Domainex. We thank the TSB for its support.” - ENDS -
  • 3. Editors Notes: About The Technology Strategy Board • The Technology Strategy Board is a business-led government body which works to create economic growth by ensuring that the UK is a global leader in innovation. Sponsored by the Department for Business, Innovation and Skills (BIS), the Technology Strategy Board brings together business, research and the public sector, supporting and accelerating the development of innovative products and services to meet market needs, tackle major societal challenges and help build the future economy. For more information please visit www.innovateuk.org • The funding was awarded by the Technology Strategy Board through its Grant for Research and Development scheme. This offers funding to small and medium- sized enterprises (SMEs) to engage in R&D projects in the strategically important areas of science, engineering and technology, from which successful new products, processes and services could emerge. The scheme supports R&D projects which offer potentially significant rewards and could stimulate UK economic growth. About Domainex • Domainex uses unique and proprietary technologies to resolve common bottlenecks facing the pharmaceutical and biotechnology industries in the post-genomic era. Major discovery 'gaps' exist between the vast amount of genomic information that is now available, the accessibility of the corresponding proteins for use in target validation and drug discovery, and the identification of robust hits in a cost effective manner. Founded in 2002, Domainex is a privately owned company based in Cambridge, UK. • Domainex has developed a discovery platform, which enables rapid progression of drug discovery projects from novel target through to Candidate Drug by means of its Combinatorial Domain Hunting technology, LeadBuilder virtual hit screening software, and its integrated approach to medicinal and computational chemistry. • Domainex’s patented CDH technology enables the cloning and expression of soluble drug target protein domains in E. coli, followed by the identification of those constructs that are able to bind a ligand. This enables binding assays to be developed, facilitating hit identification studies. In only 3-4 months, all expressible ligand binding domains of a target protein are identified (from libraries of 20,000- 100,000 constructs), enabling key rate limiting steps in early drug discovery to be easily overcome and resulting in large time savings over standard approaches. • Domainex has also developed LeadBuilder - a virtual screening approach for targets which is specifically aimed at quickly identifying hit molecules that are ideally suited for further development. • The experienced medicinal chemistry team has a proven track record in supporting biotech or university groups by providing expertise to take hit compounds through lead optimization and on to candidate selection. Three compounds to date arising from these collaborations are currently in clinical evaluation, with two additional drugs in preclinical studies.
  • 4. For more information see: www.domainex.co.uk or contact: Joanne McCudden Head of Business Development Joanne.mccudden@domainex.co.uk Tel +44 (0)1993 201 801 Dr Eddy Littler, CEO of Domainex is available for interview.