| January
19, 2005
SENTION TO DEVELOP NOVEL MERCK COMPOUNDS
FOR MENTAL RETARDATION
Sention Secures Access to Potential
New Product
Providence, Rhode Island, January
19, 2005 -- Sention Inc. today announced
that it has entered into an exclusive
licensing and research collaboration
agreement with Merck & Co., Inc.
(NYSE: MRK) to develop a family of
Merck compounds known as mGluR5 antagonists
as potential treatments for Fragile
X mental retardation. Fragile X is
the most commonly inherited form of
mental retardation.
The use of metabotropic glutamate
receptor (mGluR) antagonists for the
treatment of mental retardation was
first suggested by Mark Bear, Ph.D.,
one of Sention’s founders. The
agreement provides Sention with access
to preclinical drug candidates discovered
by Merck, the development of which
Sention is pursuing at its own expense
with the intention of moving a candidate
into clinical trials. The agreement
also allows Sention to develop the
drug for Down Syndrome and includes
an option to develop the drug for
Huntington’s Disease.
“Abnormal mGluR signaling offers
a clear molecular logic behind a diverse
constellation of symptoms associated
with Fragile X syndrome. An exciting
prospect is that some or all of these
symptoms could be improved by drug
therapies that specifically target
signaling by mGluRs,” said Dr.
Bear, Professor of Neuroscience at
the Picower Center for Learning and
Memory at MIT.
Since licensing the use of mGluR
antagonists for Fragile X from Dr.
Bear’s laboratory, Sention has
worked closely with FRAXA, the Fragile
X Research Foundation, which funds
some of Dr. Bear’s work. “We
are thrilled that these companies
are collaborating to work toward providing
a therapeutic option for our children.
We’re excited to see Dr. Bear’s
work move closer to the clinic and
look forward to working with Sention
and Merck in the hopes of seeing this
happen,” said Michael Tranfaglia,
M.D., Medical Director and Co-Founder
of FRAXA.
“Merck is pleased to enter
into this collaboration,” said
Dennis W. Choi, M.D., Ph.D., Executive
Vice President, Neuroscience at Merck.
“Dr. Bear’s work represents
a potential scientific breakthrough,
and this agreement with Sention offers
the opportunity to work toward translating
this science into clinical practice.”
“This collaboration with one
of the world’s premier pharmaceutical
companies represents a significant
milestone for Sention,” added
Randall Carpenter, M.D., President
and CEO of Sention. “The agreement
exemplifies an ideal synthesis of
academic research, non-profit foundation
support, small biotech innovation
and large pharmaceutical company resources
and know-how. Most importantly, we
hope to advance an mGluR5 antagonist
into clinical development for Fragile
X, a syndrome that currently has no
therapeutic options.”
About Sention Inc.
Sention Inc. is a pharmaceutical
development company focused on the
discovery and development of drugs
to treat cognitive impairment and
other central nervous disorders. Sention
has a pipeline of proprietary compounds
in preclinical development that have
shown efficacy in a variety of animal
models of memory, cognition, and other
central nervous system conditions.
Sention has two compounds in clinical
trials, C105 in Phase II for cognitive
impairment and SN522 in Phase I for
the enhancement of learning and memory.
Sention is a privately held company
located in Providence, RI. For more
information, please visit www.sentionpharma.com.
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