
FOR IMMEDIATE RELEASE
Tuesday, August 10, 2004
CONTACT:
Floyd E. Bloom, M.D.
Founding Chief Executive Officer
(858) 677-0466
Neurome, Inc. Announces Acquisition
of TOGA® Technology Assets
LA JOLLA, CA - Neurome, Inc. today announced the purchase
of substantially all the assets of Digital Gene Technologies,
Inc., including the TOGA® technology, gene expression
assays, existing datasets and know-how related to vaccine
development programs. In conjunction with the asset purchase,
Neurome will also acquire the entire patent estate, which
includes data and discoveries generated in commercial and
academic research programs with leading researchers worldwide.
The acquisition will allow Neurome to successfully expand
beyond its current core technologies in quantitative molecular
neuropathology to include TOGA’s highly sensitive gene
expression based surveys designed to characterize the role
of important target molecules implicated in areas of important
unmet medical need. TOGA® – an acronym which stands
for TOtal Gene expression Analysis – enables researchers
to measure gene expression levels of both known and novel
genes, and shortens the time required to identify and evaluate
gene expression levels in various disease models.
“This acquisition is another step in executing our
growth strategy”, said Warren Young, Ph.D., President
and Chief Technology Officer of Neurome. “With this
acquisition, Neurome adds a powerful platform that complements
our current portfolio of neuroanatomical mapping and morphometric
tools, specifically in the area of gene expression.”
“Neurome’s current collaborations with leading
pharmaceutical partners to optimize and enhance their drug
discovery efforts have shown the continued need for enabling
technologies to accelerate the pace of target discovery and
development”, said Floyd Bloom, M.D., Chairman and Founding
CEO of Neurome. “I am especially excited about TOGA®
becoming part of Neurome. The addition of this technology
expands Neurome’s reach to encompass all components
of the discovery and preclinical development pipeline.”
In addition to 29 institutional research collaborations in
a wide range of disease fields, the acquisition includes assets
relating to a novel mechanism of drug delivery, well suited
for oral delivery of vaccines and other large biomolecules.
The vaccine development research program is currently the
subject of grants from the National Institutes of Health (NIH).
Neurome plans to continue the development of this program
and expects to begin animal testing sometime in early 2005.
About Neurome
Neurome, Inc. performs contract brain research for pharmaceutical
and biotechnology companies while at the same time pursuing
its own in-house and collaborative research protocols. Neurome
develops standardized, quantitative databases that accurately
depict and integrate gene expression patterns in the three-dimensional
context of the brain’s structures, circuits, and cells,
and deploys these databases in primary research directed toward
the discovery and development of gene targets for enhancement
of brain function and treatment of brain-based disease. The
data collected from these efforts will populate an evolving,
comprehensive database available by subscription and useful
on a broad level for analyses of mouse models of brain function
and disease. The application of the Neurome technologies provides
rigorous, quantitative data that are optimally suited to the
measurement of subtle cell-type specific shifts in gene expression,
as well as progression and prevention of degenerative events
affecting specific cell classes and brain regions. For more
information, please visit Neurome’s website at www.neurome.com.
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