May 26, 2009 (U.S. Equity News) --
Biotechnology industry alert provided by U.S. Equity News. Kraig Biocraft Laboratories, Inc. (OTCBB: KBLB) announce that the scientific team is preparing to significantly ramp up the number of genetic insertions performed in the month of May. The team anticipates that the rate of DNA construct insertions in May will be double that which has been performed to date. ``We are now entering the next phase in which the team is reallocating recourses to genetic insertion,'' said CEO Kim Thompson. ``This is directly related to our recent development of new DNA constructs that are specifically targeted for the production of new fusion silk proteins. We intend to dramatically ramp up the number of insertions performed in order to gain the maximum benefit from the new insertion packets.''
Cytokinetics Incorporated (Nasdaq: CYTK) and Amgen Inc. (NasdaS: AMGN) today announced that Amgen has exercised its option to obtain an exclusive license, worldwide (excluding Japan), to Cytokinetics' cardiac contractility program. The license includes CK-1827452, a novel cardiac myosin activator being developed for the treatment of heart failure.
XOMA Ltd. (Nasdaq: XOMA), a leader in the discovery and development of therapeutic antibodies, announced that the following presentations related to its XOMA 052 anti-interleukin-1 (IL-1) beta antibody will take place at the American Diabetes Association 69th Scientific Sessions, to be held at the Morial Convention Center in New Orleans, Louisiana from June 5 to 9.
Sunesis Pharmaceuticals, Inc. (Nasdaq: SNSS), a biopharmaceutical company focused on the development and commercialization of new oncology therapeutics, today announced that updated interim data from the Company's ongoing Phase 2 clinical trials in frontline acute myeloid leukemia (AML) and platinum-resistant ovarian cancer and its Phase 1b/2 clinical trial in relapsed/refractory AML will be presented during the American Society of Clinical Oncology (ASCO) 2009 Annual Meeting in Orlando, Florida, which begins May 29, 2009. Following are the details on each of these data presentations.
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