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Targeted Genetics Corp. is Added to Watch List.

Publication: M2 Presswire
Publication Date: 29-DEC-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
M2 PRESSWIRE-29 December 2006-Biotech News: Targeted Genetics Corp. is Added to Watch List(C)1994-2006 M2 COMMUNICATIONS LTD

RDATE:29122006

Targeted Genetics (NASDAQ:TGEN) is putting the bull's-eye on disease. The firm is developing gene therapy products to treat acquired and inherited diseases. Gene therapy involves the insertion of genes into cells to produce proteins necessary in addressing certain disease conditions. The firm concentrates its efforts on adeno-associated viral (AAV) vectors for various diseases and conditions. Its lead AAV candidates, which are in clinical trials, target HIV/AIDS and rheumatoid arthritis. Its pipeline includes possible therapies for congestive heart failure and Huntington's disease.

Shares were down 4% since announcing the licensing of two patents.

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Targeted Genetics Corporation last week announced that the company has licensed two patents in its...



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