Jul 5 2012
Cancer Therapeutics, a company focused on translating cancer biology 
      research into novel treatments for cancer, today announced the 
      validation and performance of a new targeted drug, CTx-294886, in 
      combination with Avastin™ (bevacizumab - Genentech/Roche) in a 
      preclinical model of breast cancer. At the same time the Company 
      announced that it has developed a new High Throughput Screening (HTS) 
      platform for the identification of small molecule inhibitors of protein 
      ubiquitination, a key element in the essential cellular process of 
      protein homeostasis, which is an exciting new target pathway for cancer 
      treatment. Both scientific developments will be presented as posters at 
      the EACR conference in Barcelona Spain on July 7-10 2012.
    
    
      The anti-tumour response to CTx-0294886, a potent small molecule 
      inhibitor of Focal Adhesion Kinase (FAK) and Vascular Endothelial Growth 
      Factor Receptor 3 (VEGFR3), was compared with that of the Company's 
      first product CTx-0294945, a potent selective FAK inhibitor. CTx-0294886 
      in combination with Avastin™, showed additional benefits to 
      those previously demonstrated by CTx-294945 (previously presented at the 
      AACR conference in Chicago on the 3rd of April this year). In 
      both cases the small molecules in combination with Avastin™ inhibited 
      angiogenesis, and increased the duration of tumour response in a model 
      of basal breast cancer. In addition CTx-294886 in combination with 
      Avastin™ also provided a highly statistically significant increase in 
      the median survival time compared to the Avastin™ only group.
    
    
      The new Ubiquitin HTS platform closely replicates cellular 
      ubiquitination pathways, and provides a mechanism for HTS of multiple 
      targets. Ubiquitins are small regulatory proteins that attach to other 
      target proteins allowing their destruction and recycling. This process 
      requires a family of dedicated enzymes, such as ligases, for completion. 
      E6AP, an E3 ligase, was selected to validate the platform. E6AP 
      ubiquitinates p53 and PML in human papilloma virus (HPV) related and 
      other cancers. Both p53 and PML are well known suppressors of tumour 
      growth so substances that inhibit E6AP would be expected to retard 
      tumour growth in cancers such as cervical and head and neck cancers. The 
      platform was able to identify several small molecules that are now 
      undergoing further investigation.
    
    
      Dr Warwick Tong, CEO of Cancer Therapeutics, commented:
    
    
      "Having achieved preclinical validation for our first product candidate 
      in conjunction with Avastin, we are delighted to be announcing that our 
      second candidate is even more potent at prolonging and strengthening the 
      effects of Avastin. We are excited to have two targeted molecules that 
      will allow rational combinations with other therapies in the fight 
      against cancer. We are now starting to reap the benefits of our highly 
      collaborative approach to drug discovery, working hand in hand with some 
      of the top research institutes in Australia and our international 
      partner, Cancer Research Technology UK".
    
    
      Dr Ian Street, Chief Scientific Officer of Cancer Therapeutics, added:
    
    
      "The launch of our new Ubiquitin HTS platform opens up the potential to 
      collaborate with industry by screening chemical libraries to address 
      multiple targets in this new and exciting area of cancer biology. We are 
      ready to begin discussions with other companies who would like to work 
      with us to include their targets of interest and screen their chemical 
      libraries using this platform".