Research Triangle park, North
Carolina
May 25, 2004
Paradigm Genetics,
Inc. (NASDAQ: PDGM), a biotechnology company, today
announced that the company has been issued two U.S. patents: No.
6,733,963, titled “Methods for the Identification of Inhibitors
of Isopropylmalate Dehydratase as Antibiotics” and No.
6,740,498, titled “Methods for the Identification of Inhibitors
of Histidinol-Phosphatase as Antibiotics.
” These patents cover the
discovery of two novel gene targets in two distinct biochemical
pathways by which fungi produce L-leucine and L-histidine,
respectively. Leucine and histidine are nutrients necessary for
the growth and development of fungi.
The patents also cover methods
enabling the discovery of chemicals that inhibit protein
activity within these pathways.
Chemical compounds discovered by
Paradigm’s patented method may lead to the development of more
effective, less toxic fungicides with novel modes of action,
which are highly sought after throughout the agricultural
industry.
“These two patents, the sixth and
seventh in our growing fungicide patent portfolio, demonstrate
once more the power of our proprietary TAG-KO® technology for
identifying novel targets for fungicide discovery and
development,” said Keith Davis, Ph.D., Vice President,
Agriculture Research.
“These targets, which are not
found in humans and are very different from those in plants, may
lend themselves to the discovery of fungicides with low toxicity
profiles, a characteristic of significant value to large
agricultural companies.”
Davis continued, “In January, we
relaunched our fungicide discovery research activities and are
developing assays based on the targets we discovered to screen
for promising chemistry. By doing so, we can move our research
further down the development chain, thereby making it more
attractive for potential licensing, partnerships or other
commercial opportunities.”
Paradigm’s TAG-KO® patents (U.S.
Patent Nos. 6,562,624 and 6,703,200) cover methods for the rapid
and systematic mutation of pathogenic fungi, enabling the
efficient identification of novel anti-fungal and fungicide
targets as well as novel biosynthetic and degradation pathways.
TAG-KO® technology may lead to new fungicides, human anti-fungal
products, and industrial products. 1
Paradigm Genetics is a
biotechnology company applying its proprietary systems biology
platform to the discovery of safer, more effective drugs and
agrichemicals. Paradigm Genetics has major collaborations with
the National Institute of Environmental Health Sciences, Bayer
CropScience, the Monsanto Company, Pioneer Hi-Bred
International, the National Institute of Standards &
Technology’s Advanced Technology Program, and L’Oréal Inc.
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