St. Joseph's Hospital and InNexus Biotechnology Enter Collaborative Partnership
19 Setembro 2008 - 10:20AM
PR Newswire (US)
- Focusing on Development of Treatments For Women with
Endometriosis - PHOENIX and BRITISH COLUMBIA, Canada, Sept. 19
/PRNewswire-FirstCall/ -- St. Joseph's Hospital and Medical Center,
part of Catholic Healthcare West, one of the largest healthcare
systems in the West with 42 hospitals in Arizona, California and
Nevada and InNexus Biotechnology Inc., (OTC Bulletin Board: IXSBF;
TSX VENTURE: IXS; http://www.ixsbio.com/), a drug development
company commercializing the next generation of monoclonal
antibodies based on its Dynamic Cross Linking (DXL(TM)) technology,
announces a collaborative partnership focusing on the development
of treatments for women with endometriosis. "I am pleased to
announce this new partnership between St. Joseph's Hospital and
InNexus to explore, develop and commercialize new therapeutic
solutions for women," said Jeff Morhet, Chairman and CEO of InNexus
Biotechnology, "We've already identified our first project, aimed
at providing new treatments to attack the problem of endometriosis,
a painful condition that can lead to other conditions, such as
infertility." "We're excited to join InNexus in pursuing new
treatments to help women with endometriosis," says Linda Hunt,
President of St. Joseph's. "We hope this is the first of many
collaborations that will ultimately help patients in need."
Scientific activities of the partnership will be conducted in
facilities of both St. Joseph's Hospital and Medical Center and
InNexus' GLP (Good Lab Practice) certified drug development
laboratories with funding provided by research grants, the partners
and strategic collaborators. Additional details were not disclosed.
About Endometriosis According to the National Institutes of Health,
endometriosis occurs when tissues that usually grow inside the
uterus instead grow on the outside. These tissues often grow on the
surfaces of organs in the pelvis or abdomen, where they are not
supposed to grow. Endometriosis is one of the most common
gynecological diseases, affecting more than 5.5 million women in
North America. An estimated 2 to 10 percent of women of
reproductive age have endometriosis. Additional information can be
found at http://www.nichd.nih.gov/health/topics/endometriosis.cfm.
About St. Joseph's Hospital and Medical Center Located in the heart
of Phoenix, Arizona, St. Joseph's Hospital and Medical Center is a
743-bed, not-for-profit hospital that is recognized for outstanding
patient care, medical education and research. The hospital is part
of Catholic Healthcare West (CHW), one of the largest healthcare
systems in the West with 42 hospitals in Arizona, California and
Nevada. You can find out more about St. Joseph's Hospital and
Medical Center at http://www.stjosephs-phx.org/. About InNexus
InNexus is a drug development company commercializing the next
generation of monoclonal antibodies based on its DXL(TM)
technology, which improves the potency of existing antibody
products while opening new markets and disease applications.
DXL(TM) antibodies utilize unique, novel and patented methods and
technologies of InNexus. InNexus is headquartered in British
Columbia with principal management based in Scottsdale, Arizona on
the campus of Mayo Clinic and has its own in-house developmental
facilities. These development resources provide validation of
protein and peptide discoveries, enabling InNexus (and its
strategic partners) to advance novel drug therapeutics and
diagnostics. To learn more about InNexus, please visit
http://www.ixsbio.com/. The TSX Venture Exchange has not reviewed
and does not accept responsibility for the adequacy or accuracy of
this news release. This news release may contain assumptions,
estimates, and other forward-looking statements that involve
inherent risks and uncertainties and are subject to factors, many
of which are beyond the Company's control that may cause actual
results or performance to differ materially from those currently
anticipated in such statements. DATASOURCE: InNexus Biotechnology
Inc.; St. Joseph's Hospital and Medical Center CONTACT: Jeff
Morhet, Chairman & Chief Executive Officer of InNexus
Biotechnology Inc., +1-480-862-7500; or Kimberly Lodge,
Communications Director of St. Joseph's Hospital and Medical
Center, +1-602-406-6678 Web site: http://www.ixsbio.com/
http://www.stjosephs-phx.org/
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