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Current | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 Discovery of Peptides with Anti-Proliferative Effects South San Francisco, CA - October 20, 2003 Rigel Pharmaceuticals, Inc. (Nasdaq: RIGL) today announced that it has discovered peptides with anti-proliferative activity from a functional screen using retroviral-delivered random peptide libraries. The results appeared in two related scientific papers co-authored by Rigel researchers published in the October issue of the peer-reviewed journal, Chemistry & Biology. The peptides discovered are novel and exhibited dose-dependent anti-proliferative effects on tumor cells while showing no signs of cytotoxicity – precisely the peptide characteristics the screen was designed to discover.
Broad Applicability “The creation of diverse peptide libraries and subsequent analysis of their effects is a powerful tool for manipulating disease processes in a cellular context and for the discovery of drugs,” said Dr. Donald G. Payan, Chief Scientific Officer and Executive Vice President of Rigel. “This technology has proven valuable in numerous therapeutic research applications.”
Technology Coalescence
Full text of the papers can be obtained at:
Cellular Localization and Antiproliferative Effect of Peptides Discovered from a Functional Screen of a Retrovirally Delivered Peptide Library
Cellular Interacting Proteins of Functional Screen-derived Antiproliferative and Cytototoxic Peptides Discovered using Mass Spectrometry Based Shotgun Peptide Sequencing About Rigel (www.rigel.com) Rigel’s mission is to become a source of novel, small-molecule drugs to meet large, unmet medical needs. Rigel has identified three lead product development programs: mast cell inhibition to treat immunologic diseases such as asthma/allergy and autoimmune disorders, antiviral agents to treat hepatitis C, and ligases a new class of cancer drug targets. Rigel has begun clinical testing of its first product candidate, R112, for allergic rhinitis, and it plans to begin clinical trials of three additional drug candidates, for the treatment of hepatitis C, rheumatoid arthritis and asthma by the end of 2004. This press release contains “forward-looking” statements, including statements related to the applicability of Rigel’s technology and the timing and subject matter of future clinical trials. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Words such as “plans,” “believes” and similar expressions are intended to identify these forward-looking statements. There are a number of important factors that could cause Rigel’s results to differ materially from those indicated by these forward-looking statements, including risks associated with the development of its technology, the timing and success of clinical trials and the commercialization of product candidates, as well as other risks, detailed from time to time in Rigel’s SEC reports, including its Quarterly Report on Form 10-Q for the quarter ended June 30, 2003 and Annual Report on Form 10-K, as amended, for the year ended December 31, 2002. Rigel does not undertake any obligation to update forward-looking statements. |
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