Contact Information: CONTACT: Bobbie Volman MyMedicalRecords, Inc. (310) 476-7002, Ext. 2005 bvolman@mmrmail.com
MMR Information Systems Pursues International Patent Applications on Anti-CD20 Antibodies
Drug Is Potential Candidate as Next Generation Rituximab
| Source: MMR Information Systems, Inc.
LOS ANGELES, CA--(Marketwire - June 22, 2009) - MMR Information Systems, Inc. (OTCBB : MMRF ) (the "Company"), which through its wholly-owned operating subsidiary,
MyMedicalRecords, Inc. ("MMR") provides consumer-controlled Personal Health
Records ("PHRs") (www.mymedicalrecords.com) and electronic safe deposit box
storage solutions (www.myesafedepositbox.com), today announced that it has
taken the necessary steps to file for extensions of the Company's Patent
Cooperation Treaty (PCT) patent application on anti-CD20 monoclonal
antibodies to the national phase through filings in major European, Asian,
North American, and South American markets.
Anti-CD20 antibodies are useful in treating B-Cell malignancies, including
Non-Hodgkin Lymphoma (NHL) and additional B-Cell mediated conditions such
as rheumatoid arthritis. The Company's anti-CD20 antibody asset is
potentially a candidate for the next generation Rituximab. Rituximab,
currently marketed under the trade name Rituxan® in the United States by
Biogen Idec and Genentech (wholly owned member of the Roche Group) and
under the name MabThera® by Roche in the rest of the world except Japan,
where it is co-marketed by Chugai and Zenyaku Kogyo Co. Ltd., is one of the
world's most successful monoclonal antibodies with reported total sales in
2008 in excess of USD $5.4 billion.
MMR Information Systems, Inc. acquired the technology through its reverse
merger with Favrille, Inc., which was completed in January 2009. Favrille
had previously acquired the technology from Diversa Corporation (now
Verenium Corporation). According to consultants to the Company and former
science executives of Favrille, Inc., and based on Diversa's pre-clinical
research and testing of the scientific evidence, the next generation of
Rituximab and further applications of the anti-CD20 antibodies may make the
treatment of B-Cell malignancies even more effective in the future.
This second generation technology includes a series of optimized anti-CD20
monoclonal antibodies and provides potential future treatment options for
various autoimmune and B-Cell mediated diseases, including lupus nephritis,
systemic lupus erythematosus, psoriasis, inflammatory bowel disease,
respiratory distress syndrome, chronic lymphocytic leukemia, multiple
sclerosis and vaculitis.
Because of its interest in maximizing shareholder value, MMR Information
Systems is working with independent consultants to attempt to monetize
these anti-CD20 antibody assets around the world, and will attend meetings
at the Drug Information Association's (DIA) Annual Meeting being held in
San Diego this week. However, the Company's focus will continue to be on
its primary products, the MyMedicalRecords Personal Health Record,
MyMedicalRecords Pro for physicians and healthcare professionals, and
MyEsafeDepositBox electronic safe deposit box storage solutions.
About MMR Information Systems, Inc.
MMR Information Systems, Inc., through its wholly-owned operating
subsidiary, MyMedicalRecords, Inc. ("MMR"), provides secure and easy-to-use
online Personal Health Records ("PHRs") and electronic safe deposit box
storage solutions, serving consumers, healthcare professionals, employers,
insurance companies, unions and professional organizations.
MyMedicalRecords enables individuals and their families to have greater
control over their health and well-being by facilitating access to their
medical records and other important documents -- such as birth
certificates, passports, insurance policies and wills -- anytime from
anywhere using the Internet.
The MyMedicalRecords PHR service, accessed through
www.mymedicalrecords.com, allows documents, images and voicemail messages
to be transmitted and stored in the MyMedicalRecords PHR system using a
variety of methods, including fax, phone, or file upload without relying on
any specific electronic medical record platform.
The proprietary MyEsafeDepositBox service, available at
www.myesafedepositbox.com, provides secure online storage for vital
financial, legal and insurance documents in addition to medical records,
and serves as a powerful emergency-preparedness tool for industry,
individuals and municipalities.
Information about the MyMedicalRecords Pro service, designed to give
physicians' offices an easy and cost-effective solution to digitizing
paper-based medical records, is available at www.mymedicalrecordsmd.com.
To learn more about MMR Information Systems, Inc. and its products, visit
www.mmrinformationsystems.com. Information on MMR's Web sites is not
incorporated by reference into this press release.
Statements in this press release that are not strictly historical in nature
constitute "forward-looking statements." Such statements include, but are
not limited to, statements regarding the Company's anti-CD20 antibody
assets. Such forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause actual results to be
materially different from historical results or from any results expressed
or implied by such forward-looking statements. These factors include, but
are not limited to, risks and uncertainties related to the development and
approval of biotechnology product candidates and additional risks discussed
in the Company's filings with the Securities and Exchange Commission. All
subsequent written and oral forward-looking statements attributable to the
Company (or any person acting on the Company's behalf) are qualified by the
cautionary statements in this notice. MMR Information Systems, Inc. is
providing this information as of the date of this release and, except as
required by law, does not undertake any obligation to update any
forward-looking statements contained in this release as a result of new
information, future events or otherwise.