FOR: SIRONA BIOCHEM CORP.
One of Canada's Leading Obesity Scientists Joins Sirona Biochem's Scientific Advisory Board
NOV 5, 2009 - 12:28 ET
VANCOUVER, BC--(Marketwire - November 5, 2009) - Sirona Biochem Corp. (TSX-V: SBM), an
emerging biotech company focused on drug development for diabetes and
obesity, announced today the second major appointment this week to its
Scientific Advisory Board, Professor Denis Richard, one of Canada's leading
obesity scientists.
Sirona Biochem CEO Dr. Howard Verrico said, "Professor Richard's work in
obesity is immensely important as obesity is directly linked to the onset
of diabetes. Earlier this year, for instance, a team of scientists at
Australia's Monash University* proved a direct link between fat cell
activity and the development of Type 2 diabetes."
"Professor Richard studies the regulation of energy balance. Variations in
energy stores, or energy balance, reflect the difference between energy
intake and energy expenditure and are generally associated with changes in
body weight and variations in fat mass.
"One of the conclusions of the Monash study is that it appears that the
more fat tissue a person has the less sensitive they become to insulin. The
widely acknowledged primary challenge in diabetes is management of sugar
metabolism and that is why sodium-glucose transporter (SGLT) inhibitors
show such promise in this regard as undischarged, unmetabolised blood
sugars becomes body fat," stated Dr. Verrico.
Dr. Richard is a Full Professor in the Faculty of Medicine, Department of
Anatomy & Physiology as well as Director of the Hôpital Laval Research
Center. He is also Director of the Centre for Research on Energy Metabolism
of Université Laval (CREME-GIRO) and Chair of the Merck Frosst/CIHR
Research Chair in Obesity.
Dr. Richard pursued his Post doctoral studies in Nutrition & Physiology at
the Dunn Nutrition Unit, Cambridge University in 1982-1984. He obtained his
Master's degree and Doctorate (Ph.D.) in Physiology at Université Laval,
1978-1982.
Sirona Biochem owns the worldwide product rights to a library of unique
sodium glucose transporter (SGLT) inhibitors to treat diabetes and obesity.
SGLT inhibitors help block the reuptake of excess sugars from urine, which
can then reduce high blood sugar towards normal levels.
Sirona Biochem has a strategic partnership with TFChem, a drug discovery
company based in Rouen, France. TFChem licenses its technology of
fluorinated carbohydrate mimics: GlycoMim®, and products in development,
to biotech companies. This strategic partnership was completed by a
detailed research and licence agreement signed one year ago.
Over 2 million Canadians and more than 23 million Americans have diabetes.
The diabetes drug market reached US$18 billion in 2005, and is expected to
increase to $21-25 billion by 2011.
Obesity has also become a major health problem for many post-industrial
societies, so much so that in 2004, the United States Health and Human
Services declared obesity to be a disease.
The World Health Organization (WHO) projects that globally, in 2005, 1.6
billion adults were overweight with at least 400 million adults obese. By
2015, approximately 2.3 billion adults will be overweight and 700 million
will be obese. Obesity poses a major health risk because it greatly
increases the risk of co-morbidities such as diabetes, cardiovascular
diseases, arthritis, and cancer.
SIRONA BIOCHEM
Sirona Biochem Corp. (TSX-V: SBM) is an emerging biotech company dedicated
to the discovery and development of novel drug compounds. The current
focus is on treatments for Type II diabetes and obesity. Sirona has
entered into a license agreement with TFChem S.A.R.L., a drug discovery
company based in Rouen, France. TFChem licenses its technology of
fluorinated carbohydrate mimics: GlycoMim®, and products in development,
to biotech companies. The license agreement with TFChem provides for
research and development of new compounds known as SGLT Inhibitors.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
-- http://www.monash.edu.au/news/newsline/story/1460
FOR FURTHER INFORMATION PLEASE CONTACT:
Contacts:
John Dougherty
Corporate Development
604-641-4466
Mark Senner
President and Director
www.sironabiochem.com
|