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1st July 2003

Daniolabs and Sosei announce a collaboration on the screening of the SOSEI drug reprofiling platformTM compound library


DanioLabs Ltd, the UK based drug discovery company which uses zebrafish as a model for human disease announced today an agreement with the Japanese biopharmaceutical company Sosei Co. Ltd. Under this agreement, DanioLabs will screen the library of Sosei’s Drug Reprofiling Platform™ in a variety of DanioLabs proprietary disease models for novel activity, including models for inflammatory bowel disease, osteoporosis, epilepsy, pain and a range of other mainly neurological and ophthalmological diseases.

Drug Reprofiling Platform™ has a collection of drugs from a variety of Japanese pharmaceutical companies. These compounds have not been taken through to registration for reasons other than toxicology or safety. These compounds therefore may have potential in indications other than the ones for which they were originally developed.

DanioLabs is a world leader in phenotype driven drug discovery. It is bridging the gap between chemistry and biology through the integration of a variety of approaches to the identification of new chemical compounds, with high-throughput in vivo screening models of important human diseases. A major part of the DanioLabs platform involves the use of zebrafish as an experimental species. Using these models, the company is able to identify activity of experimental compounds, and to provide the additional evidence relevant to the treatment of the disease needed to progress such compounds cost-effectively through the drug development process. The advantages of the zebrafish as an experimental organism include:

* Relevance:
- high degree of homology;
- similar pharmacology and physiology;
- vertebrates;
- similar genome size.
* Cost:
- highly fecund;
- easy care and maintenance;
* Features:
- transparency;
- size;
- sequenced genome.

DanioLabs build high-throughput disease models that allow 96 well plate format in vivo screening. As well as working with partners to develop new models and to undertake screening campaigns, the company also use their systems to identify their own novel therapeutics in the areas of ophthalmology and neurological disease. As well as identifying novel use opportunities, the company will also develop chemistry around interesting novel targets.

Dr Paul Goldsmith, CSO of DanioLabs said, “The Sosei partnership fits well into our drug discovery program. A very high percentage of drugs began their life in a different indication. Our ability to rapidly recognise additional novel indications for compounds which have already been into man is immensely valuable and complements our targeted chemistry and synthetic chemical approaches to the identification of new therapies.”

Sosei is a leading private Japanese biopharmaceutical company focused on drug development. It enriches the core product pipeline via in-licensing compounds from Western and Japanese companies, by its distinctive Drug Reprofiling Platform™ (DRP®) and through its internal R&D programmes in collaboration with biopharmaceutical companies and universities both in Japan and the West. The company is capitalising on its extensive global network established over the past 10 years in its successful technology transfer business. Sosei’s investors include experienced US/EU funds and Japanese institutional investors.

Dr. Yuzo Tarumi, EVP of Research and Development at Sosei, said "We are happy to welcome DanioLabs to our Drug Reprofiling Platform (DRP®). We have active collaborations with a number of companies with powerful approaches for finding new uses for Japanese compounds previously stalled in clinical development. We are excited by the potential to carry out high throughput screening of our compounds with this vertebrate model in a number of disease models. DanioLabs brings a powerful new approach to our DRP®."

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