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DAILY NEWS AND INFORMATION FOR THE GLOBAL GRID COMMUNITY / JANUARY 27, 2003: VOL. 2 NO. 4

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Scientific Applications:

LINUX GRID CLUSTERS BOLSTER PHARMACEUTICAL RESEARCH

Locus Pharmaceuticals Inc, a privately held pharmaceutical company focused on developing novel, small molecule therapeutics, announced the initiation of a research collaboration with DuPont Crop Protection to discover and develop novel compounds for agricultural crop protection.

Under the agreement, Locus will apply its proprietary computational technology to discover and develop novel small molecule compounds that have activity against key protein targets identified by DuPont Crop Protection.

In addition, Locus will obtain exclusive rights to such targets for human therapeutic uses. Under the agreement, Locus will receive reimbursement of research costs and also milestone and royalty payments from DuPont Crop Protection.

Other specific terms of the agreement were not disclosed. "The collaboration with DuPont Crop Protection, an agriculture industry leader, enables Locus to broaden its human therapeutic drug discovery pipeline while providing DuPont with novel lead compounds that may have broad utility in agricultural crop protection," commented H. Joseph Reiser, Ph.D. president and Chief Executive Officer of Locus.

About Locus Pharmaceuticals

Locus Pharmaceuticals is a privately held pharmaceutical company focused on developing novel, small molecule therapeutics to address major unmet medical needs.

Locus combines powerful and proprietary computational technologies with one of the world's fastest Linux-based supercomputer clusters to simultaneously identify relevant binding sites on protein disease targets and rapidly generate novel, small molecules that bind specifically to those protein sites. In contrast to other computational approaches, the Locus technology requires only a high-resolution, 3-dimensional structure of the target protein to implement its drug discovery process.

Presently, Locus Pharmaceuticals is synthesizing and testing novel drug candidates for the treatment of debilitating and life-threatening human diseases including HIV/AIDS, cancer, arthritis, and inflammation.

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