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Cytopia selects drug candidate for myeloproliferative disorders

Australian biotechnology firm Cytopia has selected CYT387, a selective and potent JAK2 inhibitor, for formal preclinical development to treat myeloproliferative disorders.

This follows extensive laboratory experimentation and includes the recent demonstration of activity in an in-vivo model of myeloproliferative disease. CYT387 is claimed to possess an excellent selectivity profile against a large panel of kinases and other pharmacological targets. It also has excellent pharmacokinetics including oral bioavailability and in preclinical models has a promising safety profile.

Andrew Macdonald, CEO of Cytopia, said: “We are aggressively advancing this compound through formal preclinical studies with the aim of beginning clinical trials by the end of 2008.”