ViroLogic Studies Supporting Use of Its Novel Technologies for Development Of New Drugs and Vaccines Presented at Major HIV Medi
February 13 2004 - 7:30AM
PR Newswire (US)
ViroLogic Studies Supporting Use of Its Novel Technologies for
Development Of New Drugs and Vaccines Presented at Major HIV
Medical Conference This Week SOUTH SAN FRANCISCO, Calif., Feb. 13
/PRNewswire-FirstCall/ -- ViroLogic, Inc. today announced that data
presented at a major medical conference indicated that the
Company's broad portfolio of proprietary HIV drug resistance
assays, in addition to helping improve treatment of HIV, can also
be used in the discovery of novel drug targets and the development
of new drugs and vaccines. ViroLogic scientists together with
collaborators from academia and industry presented 19 studies at
this meeting, which took place this week in San Francisco. "The
data presented at this meeting underscores the importance of
ViroLogic's technologies, both to manage HIV infection today and to
the continued effort to identify and develop new drugs and new drug
targets for the future," said Christos Petropoulos, ViroLogic's
Vice President of Research & Development. "The increased demand
for our novel assays by pharmaceutical and research collaborators
further demonstrates our leadership position and commitment to HIV
research and drug and vaccine development." Among the highlights
was a study that demonstrated the value of ViroLogic's Replication
Capacity(TM) (RC) assay as a tool to predict HIV disease
progression in untreated patients. The study, co-authored by the
Gladstone Institute of Virology and Immunology and ViroLogic,
identified an RC threshold belowwhich HIV-1 has reduced virulence
and is less able to deplete the immune system. In the study, the
authors found that patients whose viruses had RC values below 43%,
as determined by ViroLogic's RC assay, had CD4+ T-cell counts that
were significantlypreserved. ViroLogic believes these findings
illustrate the important role that the RC assay can play in
predicting disease progression and effectively managing HIV
infection. ViroLogic currently has the only commercially available
test to measure HIVreplication capacity, a measure of viral
fitness. In addition: -- Three studies used ViroLogic's recently
developed neutralization assay to assess anti-HIV antibody activity
in response to infection or immunization. One of those, presented
by Dr. Steven Deeks of the University of California, San Francisco,
demonstrated that in chronically infected subjects, antibody
responses were not directed against the strain of HIV-1 circulating
in the patient. Studies such asthese exemplify how ViroLogic's
neutralization assay can be used to characterize targeted antibody
responses which are relevant for vaccine development; -- Five
presentations included data generated using ViroLogic's proprietary
entry assay, which measures virus entry into new cells and
identifies the preferred cell receptors of HIV for cell entry
(i.e., tropism). These studies showed ViroLogic's expanding
capability to support the numerous biopharmaceutical companiesnow
developing entry inhibitor drugs to treat HIV; and -- Three
presentations highlighted ViroLogic's comprehensive HIV
phenotype-genotype database in the development of more accurate
genotypic algorithms for evaluating drug resistance. About
ViroLogic ViroLogic is a biotechnology company advancing
individualized medicine by discovering, developing and marketing
innovative products to guide and improve treatment of serious viral
diseases such as AIDS and hepatitis. The company's products are
designed to help doctors optimize treatment regimens that lead to
better patient outcomes and reduced costs. ViroLogic's technology
is also being used by numerous biopharmaceutical companies to
develop new and improved anti-viral therapeutics and vaccines
targeted at emerging drug-resistant viruses. More information about
the Company and its technology can be found on its web site at
http://www.virologic.com/. Certain statements in this press release
are forward-looking, including the various statements relating to
the data presented at the major medical conference described in
this press release. 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, the risks
that the Company's products may not continue to perform in the same
manneras indicated in the studies discussed in this press release,
whether ViroLogic successfully introduces new products, whether
others introduce competitive products, the risk that the Company's
products for patient testing may not continue to be acceptedor that
increased demand from drug development partners may not develop as
anticipated, the risk that gross margins may not increase as
expected, the risk that ViroLogic may not continue to realize
anticipated benefits from its cost-cutting measures, the timing 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 ViroLogic successfully introduces
new products, whether others introduce competitive products,
whether intellectual property underlying the Company's PhenoSense
technology is adequate, whether licenses to third party technology
will be available, whether ViroLogic is able to build brand loyalty
and expand revenues, and whether ViroLogic will be able to raise
sufficient capital when required. 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: Karen Wilson, CFO of
ViroLogic, +1-650-624-4164, or
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