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Press
Release
Senator Coleman Announces Minnesotas First Federal
Grant For Innovative Cancer Drug Development By Small Business
FOR
IMMEDIATE RELEASE
June 3, 2003
Minneapolis,
Minn. - Senator Norm Coleman announced that GeneSegues,
Inc., based in Minneapolis, Minn. has been awarded a $250,000
grant from the National Cancer Institute (NCI) to further
develop a promising gene therapeutic for head and neck cancer.
More than 40,000 people die from head and neck cancer every
year in the United States.
Senator
Coleman said this grant exemplifies how the federal government
can support innovative companies that address pressing health
problems.
The
grant supports Minnesotas efforts to enhance its biotechnology
proficiency with the aid of federal dollars, said
Senator Coleman when announcing the grant.
GeneSegues
becomes the first Minnesota firm to receive funding under
a special NCI initiative within the Small Business Innovation
Research (SBIR) program. The initiative, Flexible System
to Advance Innovative Research for Cancer Drug Discovery
by Small Business (FLAIR), is designed to support drug discovery
and development.
GeneSegues
mission focuses on the use of a novel drug delivery agent
microscopic
nanocapsules-for cancer gene therapy. The companys
founder and president, Dr. Gretchen Unger, has developed
a process for compressing DNA molecules into molecular-sized
nanocapsules that are taken up by targeted cancer cells.
Dr.
George S. Johnson, NCI grant program director and catalyst
of the FLAIR initiative, emphasized that GeneSegues
innovative technology and exciting therapeutic approach
are proof of the creativity of small business and their
value to meeting NCIs mission of eradicating cancer.
(more)
Dr.
George Adams, Professor and Head of Otolaryngology in the
Academic Health Center at the University of Minnesota, is
a collaborator on the project. This may lead to a
form of treatment that would direct the therapy to the tumor
with less systemic side effects, said Dr. Adams, who
has practiced in the field of head and neck cancer for over
35 years.
Dr.
Unger credits Minnesota Project Innovation (MPI) for much
of GeneSegues success in obtaining the grant. MPIs
Technology Innovation and Commercialization Center helped
us understand the government marketplace and to tap into
the complex federal research and development arena. Their
knowledge and insight were invaluable as we prepared our
research proposal in a very competitive environment,
said Dr. Unger.
Dr.
Unger expects to begin studies on the potential therapy
in humans by 2005.
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