September 26, 2006
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Pfizer licenses human gene thought to cause wet AMD

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NEW YORK — Pfizer Inc. has obtained exclusive worldwide rights from Quark Biotech Inc. for a novel human gene thought to proliferate the pathologic blood vessels, causing exudative age-related macular degeneration, the company announced.

Under the agreement, which awaits Federal Trade Commission approval, Pfizer will also obtain exclusive rights to molecules that modify the gene's expression or function. Preclinical trials suggest that using RNA interference to block the gene, called RTP-801, can successfully treat wet AMD, according to the release.