P.E.T.Net Pharmaceuticals of Knoxville, TN, will sponsor a two-year University of California grant to support research related to protein tyrosine kinases (PTK) inhibitors for use in the staging and treatment of cancer. P.E.T.Net president and CEO Mark Rhoads said P.E.T.Net hopes the research will lead to the development of new PET imaging agents.
The lead investigator for the PTK inhibitor research is Jorge Barrio, Ph.D., from the University of California, Los Angeles. Earlier this month, P.E.T.Net signed a licensing agreement with UCLA for development rights to molecular probes for PTK, a COX-2 enzyme.
By AuntMinnie.com staff writersNovember 20, 2002
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