MMRGlobal (ticker: MMRF, exchange: Privately Held)
News Release -
22-Jun-2009
MMR Information Systems Pursues International Patent Applications on Anti-CD20 AntibodiesDrug Is Potential Candidate as Next Generation RituximabLOS ANGELES, CA, Jun 22, 2009 (MARKETWIRE via COMTEX) -- MMR Information Systems, Inc. (OTCBB: MMRF) (the "Company"), which
through its wholly-owned operating subsidiary, MyMedicalRecords, Inc.
("MMR") provides consumer-controlled Personal Health Records ("PHRs")
(www.mymedicalrecords.com) and electronic safe deposit box storage
solutions (www.myesafedepositbox.com), today announced that it has
taken the necessary steps to file for extensions of the Company's
Patent Cooperation Treaty (PCT) patent application on anti-CD20
monoclonal antibodies to the national phase through filings in major
European, Asian, North American, and South American markets.
Anti-CD20 antibodies are useful in treating B-Cell malignancies,
including Non-Hodgkin Lymphoma (NHL) and additional B-Cell mediated
conditions such as rheumatoid arthritis. The Company's anti-CD20
antibody asset is potentially a candidate for the next generation
Rituximab. Rituximab, currently marketed under the trade name
Rituxan(R) in the United States by Biogen Idec and Genentech (wholly
owned member of the Roche Group) and under the name MabThera(R) by
Roche in the rest of the world except Japan, where it is co-marketed
by Chugai and Zenyaku Kogyo Co. Ltd., is one of the world's most
successful monoclonal antibodies with reported total sales in 2008 in
excess of USD $5.4 billion.
MMR Information Systems, Inc. acquired the technology through its
reverse merger with Favrille, Inc., which was completed in January
2009. Favrille had previously acquired the technology from Diversa
Corporation (now Verenium Corporation). According to consultants to
the Company and former science executives of Favrille, Inc., and
based on Diversa's pre-clinical research and testing of the
scientific evidence, the next generation of Rituximab and further
applications of the anti-CD20 antibodies may make the treatment of
B-Cell malignancies even more effective in the future.
This second generation technology includes a series of optimized
anti-CD20 monoclonal antibodies and provides potential future
treatment options for various autoimmune and B-Cell mediated
diseases, including lupus nephritis, systemic lupus erythematosus,
psoriasis, inflammatory bowel disease, respiratory distress syndrome,
chronic lymphocytic leukemia, multiple sclerosis and vaculitis.
Because of its interest in maximizing shareholder value, MMR
Information Systems is working with independent consultants to attempt
to monetize these anti-CD20 antibody assets around the world, and
will attend meetings at the Drug Information Association's (DIA)
Annual Meeting being held in San Diego this week. However, the
Company's focus will continue to be on its primary products, the
MyMedicalRecords Personal Health Record, MyMedicalRecords Pro for
physicians and healthcare professionals, and MyEsafeDepositBox
electronic safe deposit box storage solutions.
About MMR Information Systems, Inc.
MMR Information Systems, Inc., through its wholly-owned operating
subsidiary, MyMedicalRecords, Inc. ("MMR"), provides secure and
easy-to-use online Personal Health Records ("PHRs") and electronic
safe deposit box storage solutions, serving consumers, healthcare
professionals, employers, insurance companies, unions and
professional organizations. MyMedicalRecords enables individuals and
their families to have greater control over their health and
well-being by facilitating access to their medical records and other
important documents -- such as birth certificates, passports,
insurance policies and wills -- anytime from anywhere using the
Internet.
The MyMedicalRecords PHR service, accessed through
www.mymedicalrecords.com, allows documents, images and voicemail
messages to be transmitted and stored in the MyMedicalRecords PHR
system using a variety of methods, including fax, phone, or file
upload without relying on any specific electronic medical record
platform.
The proprietary MyEsafeDepositBox service, available at
www.myesafedepositbox.com, provides secure online storage for vital
financial, legal and insurance documents in addition to medical
records, and serves as a powerful emergency-preparedness tool for
industry, individuals and municipalities.
Information about the MyMedicalRecords Pro service, designed to give
physicians' offices an easy and cost-effective solution to digitizing
paper-based medical records, is available at
www.mymedicalrecordsmd.com.
To learn more about MMR Information Systems, Inc. and its products,
visit www.mmrinformationsystems.com. Information on MMR's Web sites
is not incorporated by reference into this press release.
Statements in this press release that are not strictly historical in
nature constitute "forward-looking statements." Such statements
include, but are not limited to, statements regarding the Company's
anti-CD20 antibody assets. Such forward-looking statements involve
known and unknown risks, uncertainties and other factors that may
cause actual results to be materially different from historical
results or from any results expressed or implied by such
forward-looking statements. These factors include, but are not
limited to, risks and uncertainties related to the development and
approval of biotechnology product candidates and additional risks
discussed in the Company's filings with the Securities and Exchange
Commission. All subsequent written and oral forward-looking
statements attributable to the Company (or any person acting on the
Company's behalf) are qualified by the cautionary statements in this
notice. MMR Information Systems, Inc. is providing this information
as of the date of this release and, except as required by law, does
not undertake any obligation to update any forward-looking statements
contained in this release as a result of new information, future
events or otherwise.
CONTACT:
Bobbie Volman
MyMedicalRecords, Inc.
(310) 476-7002, Ext. 2005
bvolman@mmrmail.com
SOURCE: MMR Information Systems, Inc.
mailto:bvolman@mmrmail.com
|