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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Cytomyx Hldgs | LSE:CYX | London | Ordinary Share | GB0033942276 | ORD 2.5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.10 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number:6073O Cytomyx Holdings PLC 07 July 2005 For immediate release 7 July 2005 Cytomyx Ltd New IonScreenTM Service from Cytomyx Enables Rapid, Reproducible Ion Channel Screening Cambridge, UK: Cytomyx Ltd ("Cytomyx"), part of Cytomyx Holdings plc, a world-leading supplier of drug discovery products and services, is pleased to introduce IonScreenTM, its new ion channel screening service. The service combines Cytomyx' unparalleled range of validated ion channel cell lines with its expertise in automated electrophysiology to deliver timely, high quality data. The service supports Cytomyx' customers in their efforts to develop safer and more efficacious medicines by profiling compounds against a broad panel of sodium, potassium and other ion channels targets. This allows the development of drugs that are highly specific to their pharmacological targets and are therefore potentially more potent and could have fewer side effects. IonScreenTM is a fee-for-service, high-throughput automated electrophysiology offering run by a team of experienced scientists headed by expert electrophysiologist Dr Ray Helliwell. Cytomyx has already delivered data to its first customer and has 10 validated assays ready for use. The number of available assays will be further increased as more than 50 new ion channel cell lines in development become available. The new cell lines represent a broad mix of known drug targets and important channels that should be considered in safety testing for new drugs. Dr Umesh Patel, Cytomyx' Director of Biological Operations, stated: "IonScreen is a premier service because it allows access to a breadth of well-validated ion channel cell lines that are not available elsewhere. Our assays developed on an automated electrophysiology platform are robust, enabling delivery of high quality results within tight deadlines." Rod Westrop, Cytomyx' Commercial Director, concluded: "We are proud to be the first company to offer a service that allows drug candidates to be rapidly tested across a broad range of ion channels using a functional assay platform. This type of testing is highly desirable but has hitherto been impossible in the ion channel field due to the lack of validated biological tools and the technical limitations of screening technologies." -Ends- For further information please contact: Cytomyx Karen Chandler-Smith, Business Development and Marketing Manager 6-7 Technopark, Cambridge, CB5 8PB, UK. Tel: +44 (0) 1223 508191 Fax: +44 (0) 1223 508198 Email: karen@cytomyx.com Web: www.cytomyx.com Buchanan Communications + 44 (0) 20 7466 5000 Mark Court/Mary-Jane Johnson Notes for Editors About Cytomyx Ltd Cytomyx Ltd is a division of Cytomyx Holdings plc a rapidly growing life science company based in Cambridge, UK. The Company's primary focus is on developing novel technologies that assist pharmaceutical and biotechnology companies in their efforts to develop new treatments more effectively. The company does this by providing solutions that provide early insights into the likely efficacy and safety profile of new drugs in development. The Company has two main areas of expertise: the use of human clinical samples in understanding the linkage between gene expression and disease and the development of cell-based assays that are used to support ion channel drug discovery and predict potential cardiac toxicity in new drugs. Cytomyx is listed on the AIM market of the London Stock Exchange (CYX.L). For more information visit www.cytomyx-holdings.com About Ion Channels Ion channels are protein structures embedded in the cell membrane of most cells in the body and form the basis of the electrical properties of cells. The function (or dysfunction) of ion channels can have a strong impact on a cells physiology, behaviour and signalling pathways. Ion channels are known to have a critical role in nerve and muscle function and consequently have a key involvement in the central nervous system (CNS) and the heart. However, electrical functions are ubiquitous across most cells and tissues and are seen in many diseases, disorders and also in the side effects of drugs. Hence ion channels are of great interest to the pharmaceutical industry. Ion channel modulators are already a successful drug class including blockbusters such as the anti-hypertensive Norvasc (sales of $4bn in 2003). But, when compared to other drug target classes (GPCRs, Kinases), ion channels are under exploited by the pharmaceutical industry. It is well accepted that one reason for this under exploitation is that ion channels are technically complex targets. The best existing technology (patch clamp electrophysiology) is resource intensive and inefficient. Traditional higher throughput alternative methods of studying them such as fluorescent dyes, radiometric flux, and binding assays present serious technical limitations. In recent years, there has been a drive towards the development of new technologies to enable higher throughput ion channel screening using electrophysiology (automated electrophysiology platforms). This information is provided by RNS The company news service from the London Stock Exchange END MSCUUURAMUPAUBM
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