Monday August 8, 2005

 

Press Release

 

New study on Leci-PS™ confirms its effectiveness to improve short- and long-term memory and reveals insights to its mode-of-action

 

Degussa Food Ingredients announces the successful completion of an animal trial reconfirming the effectiveness of its Leci-PS™ brand Phosphatidylserine to improve short- and long-term memory in aging animals.

 

The placebo-controlled study conducted at Thuris Corporation, California, USA, investigated in addition the mode-of-action of Leci-PS™ using Thuris’ proprietary BrainPrint™ technology. The BrainPrints revealed that oral Leci-PS™ supplementation significantly reduces the activity of inhibitory brain center PVH (paraventricular hypothalamic nucleus). PVH signaling has been shown by scientists to modulate memory. Increased learning and memory is associated with a decreased PVH activity. "For the first time we are really able to understand how the molecular effects of Leci-PS translate into specific improvements of brain activity" said Dr. Roland Rabeler, R&D Manager with Degussa Food Ingredients.

 

Recent studies proved that Leci-PS™ is a highly effective nutrient to improve brain functions that tend to decline with age and to beneficially influence Attention Deficit Hyperactivity Disorder as well as improving performance under physical or mental stress. "The Brain Print technology is a powerful tool to understand the mode-of-action of Leci-PS in different applications and allows the targeted development of Leci-PS based products" added Dr. Ralf Jäger, Manager Strategic Projects with Degussa Food Ingredients.

 

A paper on the study results on the mode-of-action and effectiveness of Leci-PS™ will be submitted to a peer-reviewed scientific journal within the next few months.

 

 

Degussa Food Ingredients (www.degussa-foodingredients.com) with its two Business Lines Flavors and Texturant Systems is one of the leading food and nutrition ingredients suppliers worldwide. It provides all major segments of the food, beverages and pharmaceutical industry with specialized individual ingredients and custom-developed solutions for making and keeping food fresh, tasty, healthy and safe. Degussa Food Ingredients is a Business Unit of Degussa, the global market leader in specialty chemicals. Innovative products and system solutions enable Degussa to play a valuable and indispensable role in the success of its customers, as summed up by our claim “creating essentials”.In fiscal 2004 Degussa's 45,000 employees worldwide generated sales of 11.2 billion euros and operating profits (EBIT) of 965 million euros.

 

 

Monday January 31, 2005, 4:26 pm ET

 

Press Release

 

Thuris Names Kevin Lee to Drug Development and Clinical Board

 

IRVINE, Calif., Jan. 31 /PRNewswire/ -- Thuris Corporation, a privately held biopharmaceutical company focused on drug development for neurodegenerative diseases and neurological disorders, announced today that Dr. Kevin S. Lee has been appointed to the company's drug development and clinical board. Dr. Lee is the Harrison Foundation Professor and Chair of the Department of Neuroscience, and Professor of Neurological Surgery at the University of Virginia.

 

Gary Lynch, Ph.D., co-founder and Chief Scientist of Thuris said, "Kevin and I have worked together for many years, and he is as good as they come. I'm quite pleased to welcome him to the Thuris team, and I know that his input will be invaluable."

 

Kevin S. Lee, Ph.D., said, "It is a pleasure to be involved with the exciting drug development programs at Thuris. Diseases such as stroke exact a major toll on affected individuals, and society as a whole. The programs at Thuris hold great promise for the treatment of debilitating neurological disorders."

 

Keith B. Hoffman, Ph.D., Chief Operating Officer of Thuris, said, "Thuris is now poised to capitalize on significant scientific advances we've had in-house. Our next phase is to forward our pre-clinical leads into human clinical trials. The addition of Kevin Lee to our advisory board is a validation of our efforts to develop a drug for stroke-related neurological disorders. He is a recognized expert in the field and his involvement should accelerate our ability to get a drug candidate through human clinical trials."

 

About Thuris

 

Thuris is focused on pharmaceuticals to treat select Orphan and niche indications in-house, ranging from ischemia-related conditions, brain inflammation, and Huntington's disease. The future pursuit of Alzheimer's disease and Mild Cognitive Impairment will be in alliance with pharmaceutical partners.

 

About Kevin Lee

 

Dr. Lee is the Harrison Foundation Professor and Chair of the Department of Neuroscience, and Professor of Neurological Surgery at the University  of Virginia. Dr. Lee's laboratory is focused on ischemic pathology, neurovascular communication, and epilepsy. The lab utilizes multiple animal models of ischemic neuronal injury, single and multi-cell recordings, various anatomical/histological techniques, microsurgery, Gamma knife radiosurgery, and other related techniques. Kevin received his Ph.D. from the University of California in 1974, and worked for six years at the Max Planck Institute in Munich,  Germany. He has served as a consultant to various pharmaceutical and biotechnology companies over the last 2 decades in the area of neurological disorders.

 

 Source: Thuris Corporation

 

 

 

 

Thursday January 6, 2005, 4:26 pm ET

 

Press Release

 

Thuris Appoints Jeffrey McKelvy to Member, Board of Directors, and Chair, Drug Development and Clinical Board

 

IRVINE, Calif., Jan. 6 /PRNewswire Jeffrey McKelvy PhD MD is President and CEO of Avera Pharmaceuticals in San  Diego, California.  Prior to joining the founding team of Avera, Dr. McKelvy was Vice President of Merck Research Laboratories and Site Head for their San Diego facility in 1999 following Merck's acquisition of SIBIA Neurosciences, Inc. In that capacity, he has overseen the integration of SIBIA into Merck Research Laboratories. Dr. McKelvy joined SIBIA Neurosciences, Inc., a publicly traded biotechnology company as Executive Vice President, Chief Scientific Officer and Director in 1998. In this capacity, he was responsible for drug discovery and preclinical and clinical development activities, and was a major contributor to the formulation of corporate strategy and liaison with the investment banking community.

 

Prior to SIBIA, Dr. McKelvy became founding CEO of Trophix Pharmaceuticals, Inc., a private biotechnology company in 1997. Trophix pioneered the identification of new molecular targets for pain, spasticity, schizophrenia and dementia in collaboration with major pharmaceutical partners. He then led the acquisition of Trophix by Allelix Biopharmaceuticals, Inc. of Ontario, Canada, and played a transitional role for the integration of the new company as Senior Vice President for Neuroscience, Allelix Biopharmaceuticals, and President, Allelix Neurosciences, Inc., U.S. Allelix was subsequently acquired by NPS Pharma, Inc.

 

Prior to Trophix, Dr. McKelvy served as Vice President of the Central Nervous System Strategic Business Unit for CIBA, where he managed a large portfolio of clinical development candidates for depression, anxiety disorders, epilepsy, stroke and Alzheimer's disease, supervising clinical, regulatory, product development and portfolio management functions for neurotherapeutic agents. In 1987, he left his position as Professor of Neurobiology, Molecular Biology and Psychiatry at SUNY Stony Brook and Chairman of the Neuroscience Research Review Committee of the National Institutes of Mental Health, to join Abbott Laboratories, first as Area Head for Neuroscience Drug Discovery and then as founding Venture Head for the Neuroscience Venture. While at Abbott, Dr. McKelvy established joint ventures with NOVO/NORDISK, resulting in the registration and marketing of the novel antiepileptic drug GABITRIL®, and with H. Lundbeck A.S., which resulted in the registration and marketing of SERLECT®, a novel antipsychotic drug.

 

Dr. McKelvy received his medical and scientific training at Case Western Reserve School of Medicine and Johns Hopkins University. He is currently Adjunct Professor of Psychiatry at University of California San Diego School of Medicine.

 

Keith B. Hoffman, Ph.D., Chief Operating Officer of Thuris, said, "We are thrilled to have Jeff on the team.  His strong background in therapeutic development and proven track record will bring important insights as we expand into our next phase.  This is a very exciting time at Thuris and having Dr. McKelvy on board makes our future even brighter.  We are looking forward to getting his guidance across drug development, clinical, and strategic areas."

 

McKelvy said, "I look forward to contributing to the growth of Thuris whose technology can provide the basis for novel therapeutic agents, especially in the

area of disorders of cognition."

 

About Thuris

 

Thuris is focused on pharmaceuticals to treat select Orphan and niche indications in-house, ranging from ischemia-related conditions, brain inflammation, and Huntington’s disease.  The future pursuit of Alzheimer's disease and Mild Cognitive Impairment will be in alliance with pharmaceutical partners.

 

Thuris' drug development efforts originated from the Company's in vitro and in vivo animal models that recreate the hallmarks (including brain inflammation, neuronal inclusions, neurofibrillary tangles, amyloid toxicity, etc.) of major neurodegenerative diseases in just days -- a significant leap forward for neuroprotective drug development. Such advances have enabled Thuris to focus on developing mechanism-based compounds to treat select disorders.

 

Thuris intends, through its co-development partnerships, as well as with its own in-house drug leads, to forward multiple anti-neurodegenerative therapeutics to the clinic. To this end, Thuris has partnered with Cephalon (USA; www.cephalon.com), PRAECIS Pharmaceuticals (USA; www.praecis.com), D-Pharm (Israel; www.dpharm.com), Sigma-Tau Pharmaceuticals (Italy; www.sigma-tau.it); the Chinese National Center for Drug Screening, SiniWest China, and Degussa BioActives (Germany; www.degussa.com).  

 

 

 

June 24, 2004, 1:00 pm Eastern Time

 

Press Release

 

Thuris Receives Grant for Orphan Disease Study from the National Institutes of Health.

 

IRVINE, Calif. -- Thuris Corporation has been awarded a Small Business Technology Transfer (STTR) grant from the National Institutes of Health (NIH).

 

The grant is being used to further Thuris’ development of therapeutics for select Orphan indications. Thuris’ drug development efforts include extensive compound testing in the Company’s proprietary RapidAging™ models.

 

"We are very pleased with the progress of our research on Central Nervous System diseases and with our ability to secure another round of external, peer-reviewed support," stated Keith B. Hoffman, Ph.D., Chief Operating Officer at Thuris. "This grant will expand the scope of our Orphan indication programs, one of which was previously subsidized by a BioSTAR grant.”

 

RapidAging™ is the first system of its kind for testing anti-neurodegenerative drugs directly against primary pathologies in living brain tissue, including: neurofibrillary tangles, amyloid toxicity, inflammatory reactions, microglial activation, cellular viability, and others. Thuris' proprietary systems creates these hallmarks of various neurodegenerative disorders, including Huntington’s disease, Mild Cognitive Impairment, Alzheimer's disease, etc. in just three to six days, enabling the rapid, precise testing of drug candidates against any or all of these targets - chronically or acutely.  Thuris has entered into partnerships with multiple companies on the basis of these broad and novel models.

 

About Thuris

 

Thuris is focused on pharmaceuticals for select Orphan and niche indications, Alzheimer’s disease, and Mild Cognitive Impairment. Three Orphan clinical programs are in development. Thuris has also won 510(k) FDA marketing clearance for a medical device to aid clinical trial enrollment and serve as an endpoint tool in Central Nervous System disorders.  The non-invasive device will also help psychiatrists and neurologists to diagnose a broad range of brain-related conditions.

 

Thuris’ drug development efforts originated from the company’s in vitro and in vivo animal models that recreate the hallmarks of major neurodegenerative diseases in just days – a significant leap forward for neuroprotective drug development.

 

Such advances have enabled Thuris to focus on developing mechanism-based compounds to treat select Orphan indications, Alzheimer’s and Mild Cognitive Impairment. Thuris intends, through its co-development partnerships, as well as with its own in-house drug leads, to forward multiple anti-neurodegenerative therapeutics to the clinic. To this end, Thuris has partnered with Cephalon (USA; www.cephalon.com), PRAECIS Pharmaceuticals (USA; www.praecis.com), D-Pharm (Israel; www.dpharm.com), Sigma-Tau Pharmaceuticals (Italy; www.sigma-tau.it); the Chinese National Center for Drug Screening, SiniWest China, and Degussa BioActives (Germany; www.degussa.com).            

 

 

 

 

NIH funds quick maturing company

 

By Stuart Crayford

07/13/2004

 

Thuris has been awarded approximately $250,000 as a Small Business Technology Transfer (STTR) grant from the NIH to further its drug development. Thuris will use its in-house RapidAging models to extensively screen a variety of compounds for the treatment of CNS diseases.

 

"RapidAging is drug test suite featuring in vitro and in vivo replication of neurodegenerative diseases. The in vitro assays use whole living slices of brain, not dissociated cells like our competitors," Dr Keith Hoffman, COO of Thuris (Irvine, CA), told BVV.

 

The system will be used for the testing of anti-neurodegenerative drugs against primary pathologies, including neurofibrillary tangles, amyloid toxicity, inflammatory reactions, microglial activation, and cellular viability; conditions that are characteristic of CNS disorders.

 

Hoffman explained that the current practice of screening compounds against receptors in isolated or dissociated cells has several shortcomings. "They produce limited aspects of a complex phenomenon. They also lack the marked regional variations in age-related pathologies, and require extended periods of time to generate. RapidAging addresses these challenges."

 

...the slice is right

 

He continued: "Slices are prepared from almost any part of the rodent brain in the second post-natal week, a time at which major circuits and cell types have already been established. Given a further two weeks in culture, the slices take on a broad range of characteristics found only in the adult. With the proper manipulations they can also express characteristic features of the aged brain _ RapidAging provides the speed and simplicity of in vitro methods without giving up the neurobiological complexity of the mature brain."

 

Thuris' lead programmes include small molecule compounds for the treatment of Huntington's disease, a stroke-related orphan indication, brain inflammation, and mild cognitive impairment. "All the programmes focus on mechanisms aimed at stopping the progress of disease, not simply fixing one of many symptoms that may be characteristic for such disorders," stated Hoffman.

 

Currently, Thuris is gearing up for its first clinical trials and is seeking to raise cash. The company is considering several options: going public on London's Alternative Investment Market, staying private and bringing in a series C round, or staying private and dividing into a drug and a medical device company. "Our interest in the split company approach revolves around the fact that we have two absolutely world-class CEO candidates interested in the respective sides," he concluded.

 

http://www.thuris.com

 

 

 

 

August 18, 2003, 12:01 am Eastern Time

 

Press Release

 

Degussa Food Ingredients and Thuris commence collaboration to develop bioactives relevant to mental performance

 

Degussa Food Ingredients, a leading supplier in the food arena, and Thuris, a leading integrated biopharmaceutical company focused on the development of neurogerontological and neuroprotective drugs, today announced a collaboration aimed at determining sites of action of certain brain active compounds.

 

Under the agreement, Thuris will test compounds from Degussa Food Ingredients in proprietary BrainPrint and behavioral assays.  Specific terms of the agreement were not disclosed.

 

"Degussa Food Ingredients runs a considerable business in the area of bioactives for Dietary Supplements and Functional Foods”, said Hans-Ullrich Hoppe, Vice President Research, Degussa Food Ingredients. “An important product line in our portfolio consists of products to improve mental fitness and stability. Efficacy and mode of action are the most important descriptors for bioactive compounds. We use that information to select the best candidates out of our pool of lead compounds. With Thuris we have identified a very competent partner to improve in the field of brain activity and we are looking forward to a fruitful cooperation."

 

"Degussa Food Ingredients has compounds and extracts that hold promise as central nervous system bioactives. Thuris intends to determine site- and mechanism-of-action of their compounds via proprietary anatomical and behavioral analysis," said Keith B. Hoffman, Ph.D., Chief Operating Officer of Thuris. “If the results are encouraging the two companies intend to unite Degussa Food Ingredients advanced capabilities in the nutraceutical field with the full suite of Thuris development technologies. Such a collaboration could span multiple central nervous system applications, ranging from weight control to sexual dysfunction.”

 

Thuris' BrainPrint(TM) technology is a proprietary technology for evaluating where brain therapeutics act in the living rodent.  The technique allows for activity mapping down to the level of individual neurons.  The methods can greatly assist drug selection and development by i) demonstrating sites of action of compounds - and thereby suggest mechanism of action, ii) enabling new-use and/or dosing patents, iii) identifying active metabolites and, iv) identifying commonalities and differences between analogous compounds, etc.

 

Thuris’ behavioral assays include proprietary measures via a computerized and closely controlled system.  The technology offers objective measures of animal behaviour in response to centrally-active compounds, and has been shown to differentiate closely-related compounds across drug classes.

 

Degussa Food Ingredients with its three Business Lines Flavors & Fruit Systems, BioActives and Texturant Systems is one of the leading food and nutrition ingredients suppliers worldwide. It provides all major segments of the food, beverages and pharmaceutical industry with specialized individual ingredients and custom-developed solutions for making and keeping food fresh, tasty, healthy and safe. Thanks to its worldwide application service centers, sales organization and production network, it is active both internationally and locally. For further information please visit www.degussa-foodingredients.com.

 

Degussa Food Ingredients is a business unit of Degussa, a multinational corporation consistently aligned to highly profitable specialty chemistry. With sales of 11.8 billion Euro and a workforce of some 48.000, it is Germany's third-largest chemical company and the world market leader in specialty chemicals. In fiscal 2002 the corporation generated operating profits (EBIT) of more than 900 million Euro. Degussa's core strength lies in highly-effective system solutions that are tailored to the requirements of its customers in over 100 countries throughout the world. Degussa‘s activities are led by the vision "Everybody benefits from a Degussa product - every day and everywhere".

 

Thuris is an integrated biopharmaceutical company that has developed animal models that recreate the hallmarks (including neurofibrillary tangles and amyloid toxicity) of Alzheimer's Disease in just six days – a significant leap forward for neuroprotective drug development.

 

These advances have enabled Thuris to focus on developing mechanism-based compounds to treat Alzheimer's Disease and related neurodegenerative disorders. Thuris intends, through its co-development partnerships, as well as with its own in-house drug leads, to forward multiple therapeutics for the treatment of Alzheimer's Disease and related disorders to the clinic. Thuris is engaged in a drug co-development project with Cephalon (USA; www.cephalon.com) and has collaborations with Sigma-Tau Pharmaceuticals (Italy; www.sigma-tau.it), PRAECIS Pharmaceuticals (USA; www.praecis.com), D-Pharm (Israel; www.dpharm.com), the Chinese National Center for Drug Screening, SiniWest China, and Degussa BioActives (Germany; www.degussa-bioactives.com). Thuris has other drug development projects in negotiation, and is actively seeking additional partnerships.

 

The company is also developing a non-invasive medical device that will assist in the diagnosis of psychiatric and neurological disorders over a broad range of brain-related conditions. 510k marketing clearance has been received from FDA for the device as an aid in the diagnosis of Central Nervous System disorders. Clinical trials are ongoing.

 

For further information please contact:

 

Degussa Food Ingredients GmbH

Daniela Döring

Head of Communication

e-mail: daniela.doering@degussa.com

phone: +49 8161 548 150

fax: +49 8161 548 580

 

Thuris

Keith B. Hoffman, Ph.D.

COO

e-mail: khoffman@thuris.com

phone: 949-417-4623

 

 

 

 

March 13, 2003

 

Press Release

 

D-Pharm’s novel drug-candidate, DP-109, reduces amyloid-beta plaque deposition in models of Alzheimer’s disease.

 

REHOVOT, Israel, March 13, 2003 D-Pharm Ltd. announced today that it has received exciting new results from two independent studies. These studies demonstrate the clear effect of DP-109 on amyloid beta (A-beta) deposition in both in vitro and in vivo models of Alzheimer’s disease.  DP-109 is the second compound to emerge from D-Pharm’s Membrane Active Chelator (MAC) drug discovery program as a lead candidate for combating neurodegenerative disease.

 

In the first study, DP-109 was tested in vitro in a rapid aging model recently developed by Thuris, in Irvine, California. In this rat hippocampal slice model, characteristics of Alzheimer’s disease pathology emerge upon reaching critical intraneuronal accumulation of A-beta. DP-109 was found to significantly reduce uptake of A-beta by neurons, and this effect was accompanied by large decreases in microglial proliferation and activation.

 

In a second study, using an in vivo transgenic mouse model of Alzheimer’s disease, oral administration of DP-109 for 3 months was found to significantly decrease the insoluble A-beta, A-beta plaques and consequent amyloid burden, compared to the vehicle treated group. This study was performed by Drs. J-Y Koh and J-Y Lee of the Department of Neurology at the University of Ulsan, Korea and involved using human mutant beta-amyloid precursor protein transgenic (Tg2576) mice.

 

Dr. Itzchak Angel, D-Pharm’s Vice President for Research and Development said: The results of these studies are significant and encouraging. We have clearly shown that DP-109 interferes with amyloid-beta deposition both in vitro and in vivo. This is important validation of D-Pharms drug discovery platform as a generator of useful drug candidates for neurodegenerative and other diseases.

 

About DP-109

 

Excessive metal dependent protein aggregation and impairment of metal homeostasis leading to cell damage and neuroinflammation is of particular relevance to neurodegenerative disease. DP-109, the second drug to emerge from D-Pharms MAC drug discovery program, has been designed so that it selectively chelates calcium and transition metal ions in lipophilic environments, and thus may interfere with metal dependent pathological processes.  DP-109 is under development as a safe, oral treatment for chronic neurodegenerative disease.  DP-109 is currently in the preclinical development stage.

 

About Alzheimer’s disease

 

Currently more than 2% of the population aged 55 and over in developed countries (the United States, Western Europe and Japan) is affected by Alzheimer’s disease. Growth in the number of elderly in these markets is expected to increase the total prevalence to greater than 10 million within the next 5 years. No effective treatment is available to prevent or reverse the deterioration that results from Alzheimer’s disease. With no truly neuroprotective drugs on the market, there is a huge unmet need for new therapies.

 

About D-Pharm

 

D-Pharm (www.dpharm.com) is a biopharmaceutical company pioneering the development of lipid-based therapeutics. D-Pharm is engaged in both drug targeting and drug discovery based on the company’s technological platforms: (i) Regulated Activation of Prodrugs (D-RAP TM ); (ii) Membrane Activated Chelators (MAC); and (iii) LipidoMimetix TM . This has enabled the company to generate a rich pipeline of innovative drugs for the treatment of CNS disorders, cancer, and autoimmune diseases. The company’s business strategy is to develop its products through proof of principle in man and to seek partners for advanced clinical development and commercialization.

 

 

 

 

March 03, 2003, 12:00 pm Eastern Time

 

Press Release

 

Thuris and Sigma-Tau Expand Brain Inflammation Collaboration into Live Animals

 

IRVINE, Calif. and ROME,  Italy -- Thuris, a privately held drug development and biomedical company, and Sigma-Tau Industrie Farmaceutiche Riunite SpA, a leading Italian pharmaceutical company, today announced an expansion of their on-going research collaboration to develop compounds to combat brain inflammation.

 

Under the new agreement, Thuris will broaden the experimental scope into living animals. Further routes of inquiry include the production of combination therapeutics for use across a host of brain disorders characterized by inflammation.  Specific terms of the agreement were not disclosed.

 

"The original collaboration produced significant results in our in vitro models of brain inflammation.  These successes lead us to conclude that there is a strong likelihood that we may be able to block brain inflammation in vivo.  We are pleased to see that Sigma-Tau wants to move this project into live animals," said Keith B. Hoffman, Ph.D., Vice President of Thuris.

 

Claudio Cavazza, President of Sigma-Tau, said: "We are very pleased to expand our collaboration with Thuris. The coupling of Thuris' brain inflammation models with Sigma-Tau's compounds has already produced some key results.  We are confident that this expansion will lead to new therapeutic approaches."

 

Thuris' RapidAging(TM) technology is a system for testing potential anti-Aging and Alzheimer's drugs directly against primary pathologies including; neurofibrillary tangles, amyloid toxicity, inflammatory reactions, microglial activations and others. Thuris' proprietary RapidAging system creates these pathologies in just three to six days, enabling the rapid, precision testing of drug candidates against any or all of these targets, chronically or acutely.

 

Sigma-Tau

 

Sigma-Tau is one of the leading pharmaceutical groups in Italy. Therapeutic areas on which the company's research and development are focused include oncological, neurological, cardiovascular, gastroenterological and immunological indications, among others. Sigma-Tau has operating subsidiaries in Spain, Switzerland, the Netherlands, France, Germany and the United States and maintains a presence in all of the world's major pharmaceutical markets through either licensees or representative offices. In 2001, Sigma-Tau produced consolidated revenues of 536 million Euros, and has over 2,200 employees worldwide. Press releases and corporate information from Sigma-Tau are available on the Internet at www.sigma-tau.it.

 

Thuris

 

Thuris is an integrated biopharmaceutical company that has developed animal models that recreate the hallmarks of Alzheimer's Disease in just six days – a significant leap forward for neuroprotective drug development.

 

These advances have enabled Thuris to focus on developing mechanism-based compounds to treat Alzheimer's Disease and related neurodegenerative disorders. Thuris intends, through its co-development partnerships, as well as with its own in-house drug leads, to forward multiple therapeutics for the treatment of Alzheimer's Disease and related disorders to the clinic. Thuris is engaged in a drug co-development project with Cephalon (www.cephalon.com) and has collaborations with Sigma-Tau Pharmaceuticals (www.sigma-tau.it), PRAECIS Pharmaceuticals (www.praecis.com), D-Pharm (www.dpharm.com), and The Chinese National Center for Drug Screening. Thuris has other drug development projects in negotiation, and is actively seeking additional partnerships.

 

The company is also developing a non-invasive medical device that will assist in the diagnosis of psychiatric and neurological disorders over a broad range of brain-related conditions. 510k marketing clearance has been received from FDA for the device as an aid in the diagnosis of Central Nervous System disorders. Clinical trials are ongoing.

  

For Further Information Contact:

 

Keith B. Hoffman, Ph.D.

khoffman@thuris.com

949-417-4623

 

 

 

 

December 4, 2002, 11:01 am Eastern Time

 

Press Release

 

Thuris and The Chinese  National Center for Drug Screening Initiate Collaboration

 

IRVINE, Calif. and SHANGHAI, China, Dec. 4 /PRNewswire/ -- Thuris and The Chinese National Center for Drug Screening (CNCDS) today announced the initiation of a collaboration designed to evaluate the therapeutic activity of CNCDS's proprietary compounds with Thuris' RapidAging(TM) animal models. Thuris will test kinase, protease, and inflammatory inhibitors selected from the chemical libraries of the CNCDS.

  

RapidAging(TM) is a system for testing potential anti-aging and Alzheimer's disease drugs directly against primary pathologies including neurofibrillary tangles, amyloid toxicity, inflammatory reactions, microglial activations and others. Thuris' system creates these pathologies in just six days, in intact slices of living brain tissue. The technologies enable the rapid, precision testing of drug candidates against any or all of these targets, chronically or acutely.

 

"This collaboration with the Chinese National Center for Drug Screening represents an important expansion of our in-licensing efforts. We are in a unique situation in that the Thuris technologies rapidly recreate the human hallmarks of Alzheimer's disease and other disorders in living brain tissue. Being able to test compounds from the vast libraries of the CNCDS against such pathologies brings us significant leverage in the search for mechanism-based drugs. The head of the CNCDS, Dr. Ming-Wei Wang, is among the most respected executives in China; we are very pleased to be working with Dr. Wang and the CNCDS," said Keith B. Hoffman, Ph.D., Vice President of Business Development and IP at Thuris.

 

"Our collaboration with Thuris is a part of the CNCDS's recent expansion of international co-operations in drug discovery and development. The scope of this collaboration is consistent with our therapeutic focus that includes oncology, neurological disorders and metabolic diseases. I believe that both parties will be benefited from this joint efforts by using the RapidAging(TM) system developed at Thuris and the diversified chemical and natural product libraries of the CNCDS," added Ming-Wei Wang, M.D., Ph.D., Executive Deputy Director, The Chinese National Center for Drug Screening.

 

Thuris

 

Thuris is