Compugen (CGEN) Reports Positive Data on CGEN-25007

June 23, 2009 7:23 AM EDT

Compugen Ltd. (NASDAQ: CGEN) announced that CGEN-25007, a novel peptide antagonist of gp96 with potent anti-inflammatory activity, has shown positive therapeutic effects in an animal model of inflammatory bowel disease (IBD), a commonly used term covering ulcerative colitis and Crohn's disease.

CGEN-25007 was initially discovered using Compugen's Disease-Associated Conformation (DAC) blockers discovery platform. This platform was designed for the systematic discovery of novel peptides that block proteins of interest from achieving certain disease-associated conformations, a capability that represents immense therapeutic promise in numerous fields. The platform is based on the integration of methods and ideas varying from information theory, through machine learning and statistics, to mathematical analysis for detecting intra-molecular interactions within the protein of interest.

Compugen is a drug and diagnostic product candidate discovery company. [SM]


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