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"We feel our proprietary methodology in obtaining expressed genes from human tissue gives us a significant lead in finding new undiscovered genes..."

 

AlphaGene Identifies 264 New Genes on Chromosome 21 & 22

Woburn, MA, January 18, 2001

AlphaGene, Inc. announced today that results of an analysis comparing its proprietary inventory of expressed genes with the data published by the public consortium of the human genome project revealed approximately 64 new genes on Chromosome 21, and 200 new genes on Chromosome 22. Using other computational criteria, today's finding could also be interpreted as a doubling of the genes identified on both of these chromosomes. The use of this methodology suggests that AlphaGene has a highly novel inventory, and as a result, an important Intellectual Property opportunity.

"We feel our proprietary methodology in obtaining expressed genes from human tissue gives us a significant lead in finding new undiscovered genes, a more rapid method of determining the protein coding sequences and function and consequently a premier patent position," stated Peter A. Schad, Ph.D., AlphaGene's Vice President and Chief Scientific Officer.

After further bioinformatic analysis of these new and novel genes, which was validated in collaboration with an independent partner, a large number of potential druggable targets were identified including: Integrins, Kinases, Phosphotases, Proteases, Transcription Factors, Zinc Fingers and GPCR's.

Donald J. McCarren, Ph.D., President and CEO, commented, "This finding is all the more significant since these druggable targets are either full-length or large gene clones. However, the numbers of actual proteins could be considerably greater, since it refers to physical genes and does not attempt to determine the number of possible alternatively spliced or post translational modified genes on these chromosomes."

AlphaGene makes primary non-amplified, full-length expressed gene libraries that result in clones that are not biased by PCR or by initial expression in E.coli. This process permits AlphaGene to produce clones that would not normally amplify by PCR or cause poor growth in E.coli. Since these expressed cDNAs in the AlphaGene inventory are from polyA containing sequences, it appears there are a significant number of genes not found by the public EST gene identification technologies.

About AlphaGene, Inc.

AlphaGene, Inc. (http://www.alphagene.com) is a privately held functional genomics company offering products and services to biotech and pharmaceutical companies engaged in drug discovery and development. AlphaGene uses its large inventory of full-length cDNAs and Bioinformatics expertise to bridge the gap between genomics and functional proteomics. The company focuses on differential gene expression in degenerative neurological diseases including Parkinson's and Alzheimer's Diseases.

 

Contact:

AlphaGene, Inc.
Peter A. Schad, Ph.D.,
Chief Scientific Officer
(781) 933-4446, ext. 236

Noonan/Russo Communications, Inc.
Sharon Weinstein, (Investors) ext. 334
Matthew J. Scampoli, (Media) ext. 243
(212) 696-4455