AMRI (NASDAQ:AMRI) and CHDI Foundation, Inc., a non-profit organization
pursuing drugs that delay or slow Huntington’s disease (HD), announced
today the commencement of a new collaboration agreement focused on the
discovery of new therapeutic agents for the treatment of this disease.
Under this agreement, AMRI will test samples from its compound
collection against several JNK kinases. These kinases may be implicated
in the progression of HD. AMRI will use its expertise in computer-aided
drug discovery (CADD), biological assay development and high throughput
screening for this project.
"AMRI is pleased to have this opportunity to partner with CHDI in its
efforts to mitigate the effects of Huntington’s disease. We look forward
to leveraging our expertise in a broad spectrum of drug discovery
services to develop potential treatments for this debilitating
condition,” said Bruce Sargent, Ph.D., vice president, discovery
research & development at AMRI. "Based on the potential success of this
first phase, AMRI has the ability to provide lead optimization services
including medicinal chemistry and in vitro metabolism, making for
a fully integrated drug discovery project in terms of time, quality and
efficient use of resources.”
"Collaborating strategically with companies like AMRI helps us manage
our scientific activities more efficiently,” said Ignacio Muñoz-Sanjuan,
vice president of biology at CHDI. "Access to AMRI’s compound library
and lead optimization services may allow us to move confidently from
biological research into translational and pre-clinical programs.”
About Huntington’s Disease
Huntington’s disease is a familial disease caused by a mutation in the huntingtin
gene. Each child of a person with a mutation in the huntingtin
gene has a 50-50 chance of inheriting the mutation. As a result of
carrying the mutation, an individual’s brain cells fail and die leading
to cognitive and physical impairments that, over the course of the
disease, significantly impair the individual’s quality of life and
ultimately causes death. Symptoms of Huntington’s disease, which
generally develop in midlife and become progressively more debilitating,
can also develop in infancy or old age. Once overt symptoms start,
patients live for about 15 to 20 years. One person in 10,000 is believed
to carry a mutation in the huntingtin gene. There is currently no
way to delay the onset of symptoms or slow the progression of
Huntington’s disease.
About CHDI Foundation, Inc.
CHDI is a non-profit organization with a mission to rapidly discover and
develop drugs that delay or slow Huntington’s disease. CHDI supports an
international network of research laboratories from academia and
industry pursuing novel therapies for the treatment of Huntington’s
disease. As a collaborative enabler, CHDI seeks to bring the right
partners together to identify and address critical scientific issues and
move drug candidates to clinical evaluation as quickly as possible. More
information about CHDI can be found at www.chdifoundation.org.
About AMRI
Founded in 1991, AMRI provides scientific services, products and
technologies focused on improving the quality of life. AMRI works on
drug discovery and development projects and conducts manufacturing of
active ingredients and pharmaceutical intermediates for many of the
world’s leading healthcare companies. As an additional value added
service to its customers, the company is also investing in R&D in order
to expand it contract services and to identify novel early stage drug
candidates with the goal to outlicense to a strategic partner. With
locations in the U.S., Europe, and Asia, AMRI provides customers with a
wide range of services, technologies and cost models.
AMRI Forward-Looking Statement
Statements in this press release that are not historical facts are
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995 that involve risks and uncertainties.
These statements may be identified by forward-looking words such as
"may,” "could,” "should,” "would,” "will,” "intend,” "expect,”
"anticipate,” "believe” and "continue” or similar words. Readers should
not place undue reliance on our forward-looking statements. The
company’s actual results may differ materially from such forward-looking
statements as a result of numerous factors, some of which the company
may not be able to predict and may not be within the company’s control.
Factors that could cause such differences include, but are not limited
to (a) the company’s performance under the collaboration with CHDI; (b)
successful results in the performance of the services; (c) CHDI’s
continuous utilization of the company’s services at levels set forth in
the contract; (d) CHDI’s continued pursuit of programs under which the
company provides services, as well as those factors discussed in the
company’s Annual Report on Form 10_K for the year ended December 31,
2008 as filed with the Securities and Exchange Commission on March 13,
2009 and the company’s other SEC filings. The company does not undertake
any duty to and does not intend to update any forward-looking statements
contained in this press release after the date of this press release.
