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Merck expands Chinese business with 250 mn Euros investment

14 June 2016 | News | By Test

Merck expands Chinese business with 250 mn Euros investment Merck has recently inaugurated its Euro 170 million Nantong pharmaceutical plant in China

Fibrotech Therapeutics, based in Melbourne has secured composition of matter patents in each jurisdiction related to its proprietary antifibrotic compounds

Fibrotech Therapeutics, based in Melbourne has secured composition of matter patents in each jurisdiction related to its proprietary antifibrotic compounds

TestTest

 

Singapore: US-Australian drug discovery company Novogen Ltd has announced that a patent for the ATM-3500 series had been granted in Australia. The ATM-3500 series includes the investigational agent known as Anisina (ATM-3507).

Novogen North America CEO, Dr Andrew Heaton, commented, "This patent provides full protection for Anisina in Australia through to 2035. Together with the SBP patent that was granted in February, today's news means that all three of Novogen's development candidates ─ Cantrixil, Anisina and Trilexium ─ are fully covered in Australia. With our strategy of utilizing the extensive global patent superhighway convention we anticipate a very smooth roll out of these patents globally."

Anisina is the first of a novel class of investigational anti-cancer agents known as anti-tropomyosins (ATMs), which selectively target an essential structural component of the cancer cell, causing cell death and tumor reduction in experimental models.
Dr Justine Stehn, Program Director for the ATM program, added, "The granting of this patent reflects the innovation inherent in the ATM technology, and gives us confidence to continue moving forward towards clinical trials."

IND-enabling activities for Anisina are currently underway, with the intent of initiating clinical trials in 2017. Manufacture of API (Active Pharmaceutical Ingredient) in accordance with GMP (Good Manufacturing Practice) is in progress, and a battery of tests, including stability, sterility, and other parameters, will be undertaken after this is complete, in accordance with regulatory requirements.

In parallel, the company is performing a standard range of mandated GLP (Good Laboratory Practice) toxicology studies so as to establish the safe dosing range for clinical studies. Preclinical work remains ongoing to fully characterize the effects of the drug and to establish the most appropriate population for a phase I clinical trial.

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