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VLGC Virologic (MM)

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Share Name Share Symbol Market Type
Virologic (MM) NASDAQ:VLGC NASDAQ Common Stock
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Studies Highlight Utility of Virologic Assays in HIV Management at 12th Conference on Retroviruses and Opportunistic Infections

28/02/2005 12:45pm

PR Newswire (US)


Virologic (NASDAQ:VLGC)
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Studies Highlight Utility of Virologic Assays in HIV Management at 12th Conference on Retroviruses and Opportunistic Infections SOUTH SAN FRANCISCO, Calif., Feb. 28 /PRNewswire-FirstCall/ -- ViroLogic, Inc. (NASDAQ:VLGC) announced today that 20 presentations related to its sophisticated tests characterizing replication capacity (RC), viral tropism, and phenotypic and genotypic resistance to anti-HIV drugs were made at the 12th Conference on Retroviruses and Opportunistic Infections (CROI), which took place this week in Boston. "These studies highlight the importance of ViroLogic's tests for resistance, RC and tropism in the effective management of HIV patients and the development of new HIV drugs and vaccines," stated Christos Petropoulos, Ph.D., Vice President of Research and Development at ViroLogic. "ViroLogic is expanding the field of knowledge about HIV and is the collaboration partner of choice for pharmaceutical companies and researchers." Among the highlights of this year's presentations: * Two studies used ViroLogic's RC assay to assess the role of viral fitness in HIV disease progression during antiretroviral therapy. These studies evaluated the use of the RC assay as a predictor of immune system recovery; * Seven presentations included data generated using ViroLogic's proprietary entry susceptibility and co-receptor tropism assays, which measure viral susceptibility to entry inhibitors, and identify the preferred cell receptors for HIV for virus entry, respectively. Several of these studies show ViroLogic's expanding capability to support the numerous biopharmaceutical companies now developing entry inhibitor drugs to treat HIV; and * Six presentations used ViroLogic's PhenoSense GT(TM), PhenoSense(TM) HIV and GeneSeq(TM) HIV assays to further our understanding of resistance to a number of current drugs and to determine the clinical utility of combined resistance testing in the selection of antiretroviral regimens. About ViroLogic ViroLogic is a biotechnology company advancing individualized medicine by discovering, developing and marketing innovative products to guide and improve treatment of serious infectious diseases and cancer. The Company's products are designed to help doctors optimize treatment regimens for their patients that lead to better outcomes and reduced costs. The Company'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 about the Company and its technology can be found on its web site at http://www.virologic.com/. FORWARD LOOKING STATEMENTS Certain statements in this press release are forward-looking, including statements regarding the role for ViroLogic's tests and tests in development in guiding the therapy of HIV-infected patients. 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; 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 ViroLogic's products or services; whether the Company will encounter problems or delays in automating its processes; whether intellectual property underlying the Company's technologies is adequate; whether licenses to third party technology will be available; and, whether we are able to build brand loyalty and expand revenues. For a discussion of other factors that may cause ViroLogic'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. DATASOURCE: ViroLogic, Inc. CONTACT: Alfred Merriweather, Vice President and CFO of ViroLogic, +1-650-635 -1100; or Carolyn Bumgardner Wang of WeissComm Partners, +1-415-692-4218, or , for ViroLogic Web site: http://www.virologic.com/

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