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Company Interview Excerpt
TONY FRUDAKIS - DNAprint genomics INC (DNAP)


Full article published: 07/28/2003


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TWST: Could you start us off with a brief summary of DNAprint genomics?
Dr. Frudakis: DNAprint genomics is a small genomics firm that is focused on extracting value from the human genome sequence. That is clinical value, forensics value and recreational value. So we have made great progress in the forensics space and you may have heard about that through the media surrounding the Louisiana serial killer case which we helped break with genomics tests we have developed here. But our main purpose is to determine why people respond to drugs differently so that the response can be predicted beforehand. Right now we are spending most of our efforts working on solving problems associated with other people's drugs such as Lipitor or Bristol-Myer's Taxol drug. In the not so distant future, we are going to have our own drug pipeline and we will apply our talents toward solving our drugs rather than other people's drugs. But what really sets DNAprint apart from other genomics companies is that we think we are the only ones who know how to accurately determine what it is that makes people respond to drugs differently. The reason why is that we are the only company that appreciates the fact that something called population structure can be used as a tool to hone in on genomic sequences that can be used to predict response. So basically our advantage is a scientific and technical one. We do things better than even the large pharmaceutical companies do because we were comprised of young, very bright scientists who think innovation, not old school. Our founding group was comprised of a group of scientists and not a group of business people and we got the business expertise after the fact.

TWST: Let's talk about the more widely known part of what you do. With regard to DNA, at some point you could construct a physical model of a person ' their skin color, eye color, weight, facial features, etc.
Dr. Frudakis: Yes, and that is exactly what we will be doing for patients, too. Instead of inferring physical characteristics of the patient which you can easily see with the eye, we will be inferring the response proclivity to the drugs. In the forensics field, it is about inferring physical features and not biomedical features. We have shown that the measurement of the population structure is crucial for that purpose. The Louisiana serial task force was actually a multi-agency task force that came to us for help early this year, in late-February. They had DNA from several of the crime scenes but had no idea what their suspect looked like. In fact they guessed he was a Caucasian individual based on two eyewitness reports. We ran the test for them and reported back to them that their suspect was of 85% sub-Saharan African and 15% Native American biogeographical ancestry. To their credit, they first had our test evaluated by outside parties ' mainly older-school geneticists, who nonetheless saw value in our innovative way of measuring ancestral affiliation. They recognized the value of our method and saw this was the cutting-edge of what we are able to do with this type of thing. So to make a long story short, they embraced the result. They also supplied us with blind samples from people who they knew the race of to evaluate our performance. We performed perfectly on that as we have on 3,000 other similar trials we have conducted so far. So they embraced that result and the began to attach more weight to leads that were relevant for African Americans which led to them going out and attempting to obtain a buccal (mouth) swab from an African-American individual who had had other complaints filed against him by women. Of course this person, Derek Todd Lee, eventually matched the crime based on older DNA tests ' which essentially provide a bar-code for matching people with samples from crime scenes. So the beauty of the test is that it helped just as a laser system helps guide a weapon to its target. This test really helped the law enforcement in Louisiana hone in on the guy who they were interested in. So, too, it will do the same thing for drugs and patients. It will help doctors hone in on the right drug for the right patient ' rather than dumb bombs (i.e., dumb drugs) there will be smart bombs (i.e., smart drugs) against disease, and our technology for the appreciation of population structure is going to be required for this transition to occur.

 

Tickers included in this excerpt: DNAP

 

For more information call (212) 952 7433. The Wall Street Transcript does not endorse any of the comments made by interviewees, and does not make stock recommendations.