Prominent Oncologist Appointed to ACLARA Scientific Advisory Board
10 Juni 2004 - 2:45PM
PR Newswire (US)
Prominent Oncologist Appointed to ACLARA Scientific Advisory Board
MOUNTAIN VIEW, Calif., June 10 /PRNewswire-FirstCall/ -- ACLARA
BioSciences (NASDAQ:ACLA) announced that Jose Baselga, MD has been
appointed to its Scientific Advisory Board. Dr. Baselga is
Professor of Medicine at the Universidad Autonoma de Barcelona and
the Scientific Chairman of the Spanish Breast Cancer cooperative
group SOLTI. Dr. Baselga's research interests are in clinical
breast cancer and in translational and early clinical research in
the area of growth factor receptors and downstream molecules as
targets for cancer therapy. He has been involved in the clinical
development of a number of new therapeutic agents. In addition to
many professional and academic appointments, Dr. Baselga is a
member of the Board of Directors of ASCO. Dr. Baselga is Associate
Editor of Annals of Oncology and a member of the Editorial Advisor
Board for Cancer Cell, Clinical Cancer Research and Investigational
New Drugs. He is also ad hoc reviewer for the Journal of Clinical
Oncology, Journal of the National Cancer Institute, Cancer Research
and Cancer, among others. Dr. Baselga has published over 100
peer-reviewed articles, in addition to over 200 abstracts and book
chapters. "I am very excited about ACLARA's technology and
approach, and think it could represent an important advance in the
treatment of cancer," said Dr. Baselga. "A better understanding of
the biology occurring within a patient's tumor cells will enable
the most appropriate therapy to be prescribed and administered."
ACLARA's advisory board now comprises six internationally-renowned
scientists and physicians with interests ranging from basic
research to clinical diagnosis and treatment of a range of
different cancers and immune system disorders. "ACLARA's primary
focus is in deploying our eTag System as a molecular diagnostic to
aid in the development and ultimately prescription of
individualized medicines, particularly targeted cancer therapies,"
commented Thomas Klopack, ACLARA chief executive officer. "We are
particularly pleased to have a prominent clinician such as Dr.
Baselga join the advisory board as he is very experienced in the
clinical development and use of such targeted cancer therapies."
The ability of the eTag System to identify difficult-to-detect
protein complexes in patient samples can provide unique insights to
the likelihood of an individual patient to respond to specific
therapies. In addition, since ACLARA's eTag System requires only
small amounts of biological material, and have been shown to work
in formalin-fixed paraffin-embedded tissue sections (the standard
format in pathology laboratories), both retrospective and
prospective analysis of clinical samples can be performed. To
further validate its eTag System, ACLARA is correlating its test
results with patient response data and outcome information to
demonstrate the assays' predictive power. According to Klopack, "We
have ongoing studies with several clinical collaborators based on
the retrospective study of tissue samples from patients
participating in clinical trials for new drugs as well as from
those being treated with approved therapies. The preliminary
results of these studies are very encouraging. We are looking
forward to the participation of Dr. Baselga and other leading
cancer experts in further studies, and the incorporation of these
assays into clinical practice." About ACLARA Founded in 1995,
ACLARA is a biotechnology company working to provide physicians and
researchers products and services to make personalized medicine a
reality through its protein-based assay technology -- the eTag(TM)
System. ACLARA is dedicated to unlocking the power of pathway
biology to accelerate the development of next-generation targeted
therapeutics, recognizing the most appropriate patients for
approved therapies and identifying the highly-specific,
protein-based biomarkers that will enable physicians to create
truly personalized treatment regimens for patients suffering from
cancer and other life-threatening disorders. ACLARA is
commercializing its proprietary eTag System to enhance and
accelerate drug discovery research and the preclinical and clinical
development of targeted therapeutics. ACLARA's technology may also
enable the development of highly-specific, protein-based
diagnostics capable of providing physicians with a powerful tool
for creating personalized treatment regimens for patients suffering
from serious and difficult-to-treat cancers. For more information
on ACLARA please visit the Company's web site at
http://www.aclara.com/. Forward-Looking Statements All statements
in this news release that are not historical are forward-looking
statements within the meaning of the Securities Exchange Act of
1934 as amended. Such forward-looking statements are subject to
factors that could cause actual results to differ materially for
ACLARA from those projected. Those factors include risks and
uncertainties relating to the performance of our products,
anticipated progress in commercialization of our eTag(TM) assay
system; the potential for use of our eTag assays in clinical
development programs; the potential for use of our eTag assays as
diagnostic tests; our ability to successfully conduct clinical
studies and the results obtained from those 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; 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; our ability to develop organizational capabilities
suitable for the further development and commercialization of our
eTag assays; the ultimate validity and enforceability of our patent
applications and patents; the possible infringement of the
intellectual property of others; technological approaches of ACLARA
and our competitors; our pending merger with ViroLogic, Inc.,
including the risk that the closing conditions or the merger may
not be satisfied and the merger may not be completed, and costs
related to the proposed merger; and other risk factors identified
in our Form 10-Q for the quarter ended March 31, 2004 as filed with
the Securities and Exchange Commission. Trademarks ACLARA
BioSciences is a registered trademark, and eTag and the ACLARA logo
are trademarks of ACLARA BioSciences, Inc. DATASOURCE: ACLARA
BioSciences, Inc. CONTACT: investors, Alfred Merriweather, VP,
Finance and CFO of ACLARA BioSciences, Inc., +1-650-210-1200, or ;
or media, Jennifer Viera of Schwartz Communications,
+1-781-684-0770, or , for ACLARA BioSciences, Inc. Web site:
http://www.aclara.com/
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