Monogram Biosciences and Merck to Conduct Erbitux(R) Biomarker Study
SOUTH SAN FRANCISCO, Calif. and DARMSTADT, Germany, Oct. 24
/PRNewswire-FirstCall/ -- Monogram Biosciences, Inc. (Nasdaq: MGRM) announced
today that it has entered into an agreement with Merck KGaA, Darmstadt,
Germany (Xetra: Merck KGaA) to conduct a cancer biomarker study with
application to Erbitux(R)(cetuximab), Merck KGaA's IgG1 monoclonal antibody
specifically targeting the epidermal growth factor receptor (EGFR) found on
many cancer cells.
Monogram, utilizing its proprietary eTag(TM) assays, will test
formalin-fixed, paraffin-embedded (FFPE) tumor samples from patients with
colorectal cancer before they are treated with Erbitux to evaluate the utility
of these assays in identifying patients who would most likely benefit from
Erbitux. Monogram will test the samples for EGFR-containing receptor dimers,
which Monogram has identified as potential biomarkers for predicting response
to Erbitux. These biomarkers represent activated, functioning targets for the
drug and control signal transduction pathways involved in tumor cell
proliferation, survival and angiogenesis. The parties will then compare
Monogram's predictions of response based upon eTag assay analysis with actual
clinical outcomes. Merck KGaA will make payments to Monogram for the project.
Other financial details were not disclosed.
"We are pleased to be working with Merck KGaA on this project. Merck KGaA
played a critical role in demonstrating the clinical efficacy of Erbitux and
gaining its approval, and they have made a strong and broad commitment to
targeted oncology therapies," stated William D. Young, Monogram's Chairman and
Chief Executive Officer. "We believe that predictive diagnostics will play an
expanding role in clinical testing and clinical practice in this field. Tests
like our eTag assays may empower physicians, benefit patients and enhance
clinical medicine by linking molecular analysis of the individual patient's
disease to the prescription of critical drugs like Erbitux."
This is one of nine collaborations that Monogram has had with leading
pharmaceutical and biotechnology companies in oncology. These alliances have
been focused on the ability of eTag assays to identify activated drug targets
or signaling pathways and their correlation with drug activity in cell line,
xenograft and human clinical tumor samples.
"In HIV resistance testing, about a third of our business has historically
come from collaborations with pharmaceutical companies and we expect a similar
pattern to develop in oncology," said Young. "We look forward to establishing
additional collaborations with these and other companies that have oncology
drug development programs."
About the eTag System
Monogram's eTag assays enable detailed analysis of protein drug targets
and signaling pathways in cancer cells, including FFPE samples, which is the
standard format in most pathology labs. The assays can provide information on
a drug's mechanism of action, selectivity and potency in a biological setting
in pre-clinical research, and enable enrichment or selection of clinical trial
populations later in a drug's development. In addition, Monogram believes
these assays may ultimately be used to help physicians better determine
whether certain therapies are more appropriate for individual cancer patients,
and whether to combine therapies with different mechanisms or properties. The
first commercially available activated receptor test panel based on eTag
technology, focused on the EGFR/HER receptor family, is planned to be
introduced in 2006.
About Monogram Biosciences, Inc.
Monogram, formerly ViroLogic, Inc., develops and commercializes innovative
products to help guide and improve the treatment of infectious diseases,
cancer and other serious diseases. The Company's products are designed to
help doctors optimize treatment regimens for their patients that lead to
better outcomes and reduced costs. Monogram's technology is also being used
by numerous biopharmaceutical companies to develop new and improved antiviral
therapeutics and vaccines as well as targeted cancer therapeutics. More
information can be found at www.monogrambio.com.
About Erbitux
Erbitux(R) is a first-in-class and highly active IgG1 monoclonal antibody
targeting the epidermal growth factor receptor (EGFR). As a monoclonal
antibody, the mode of action of Erbitux is distinct from standard
non-selective chemotherapy treatments in that it specifically targets and
binds to the EGFR. This binding inhibits the activation of the receptor and
the subsequent signal-transduction pathway, which results in reducing both the
invasion of normal tissues by tumor cells and the spread of tumors to new
sites. It is also believed to inhibit the ability of tumor cells to repair
the damage caused by chemotherapy and radiotherapy and to inhibit the
formation of new blood vessels inside tumors, which appears to lead to an
overall suppression of tumor growth. The most commonly reported side effect
with Erbitux is an acne-like skin rash that seems to be correlated with a good
response to therapy. In approximately five percent of patients,
hypersensitivity reactions may occur during treatment with Erbitux; about half
of these reactions are severe.
Erbitux has already obtained market authorization in 45 countries:
Switzerland, the U.S., Mexico, Argentina, Chile, Iceland, Norway, the European
Union, Canada, Peru, Australia, Croatia, Israel, Bulgaria, Panama, Guatemela,
Colombia, Ecuador, Singapore, Hong Kong, and South Korea for the use in
combination with irinotecan in patients with EGFR-expressing mCRC who have
failed prior irinotecan therapy. In the U.S., Canada, Argentina, Chile,
Mexico, Peru, Singapore, Australia, Panama, Colombia, Guatemala, Ecuador, and
Hong Kong, Erbitux is also approved for single agent usage.
About Merck KGaA
Merck KGaA, Darmstadt, Germany is a global pharmaceutical and chemical
company with sales of EUR 5.9 billion in 2004, a history that began in 1668,
and a future shaped by 28,600 employees in 54 countries. Its success is
characterized by innovations from entrepreneurial employees. Merck's
operating activities come under the umbrella of Merck KGaA, in which the Merck
family holds a 73% interest and free shareholders own the remaining 27%. The
former U.S. subsidiary, Merck & Co., has been completely independent of the
Merck Group since 1917. Merck KGaA licensed the right to market Erbitux
outside the U.S. and Canada from ImClone Systems Incorporated of New York in
1998. In Japan, Merck KGaA has co-exclusive marketing rights with ImClone
Systems.
NOTE: eTag(TM) is a registered trademark of Monogram Biosciences, Inc.
Erbitux(R) is a registered trademark of ImClone Systems, Incorporated of New
York.
FORWARD LOOKING STATEMENTS
Certain statements in this press release are forward-looking. These
forward-looking statements are subject to risks and uncertainties and other
factors, which may cause actual results to differ materially from the
anticipated results or other expectations expressed in such forward-looking
statements. These risks and uncertainties include, but are not limited to,
risks and uncertainties relating to the performance of our products; the
ability of our eTag assays to predict response to Erbitux or other therapeutic
agents, our ability to successfully conduct clinical studies and the results
obtained from those studies; whether larger confirmatory clinical studies will
confirm the results of initial studies; our ability to establish reliable,
high-volume operations at commercially reasonable costs; expected reliance on
a few customers for the majority of our revenues; the annual renewal of
certain customer agreements; actual market acceptance of our products and
adoption of our technological approach and products by pharmaceutical and
biotechnology companies; our estimate of the size of our markets; our
estimates of the levels of demand for our products; the timing and ultimate
size of pharmaceutical company clinical trials; whether payors will authorize
reimbursement for its products; whether the FDA or any other agency will
decide to regulate Monogram's products or services; whether the Company will
encounter problems or delays in automating its processes; whether licenses to
third party technology will be available; whether Monogram is able to build
brand loyalty and expand revenues; and whether Monogram will be able to raise
sufficient capital when required. For a discussion of other factors that may
cause Monogram's actual events to differ from those projected, please refer to
the Company's most recent annual report on Form 10-K and quarterly reports on
Form 10-Q, as well as other subsequent filings with the Securities and
Exchange Commission. We do not undertake, and specifically disclaim any
obligation, to revise any forward-looking statements to reflect the occurrence
of anticipated or unanticipated events or circumstances after the date of such
statements.
SOURCE Monogram Biosciences, Inc.
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