Isotechnika Pharma develops portfolio of non-immunosuppressive cyclosporine
analogue molecules (NICAMs)
"With increasing scientific support that cyclophilin is an important target in a number of diseases with few therapeutic options; we believe that our NICAM project has the potential of addressing an unmet need in the marketplace and in the clinic. We shall continue our NICAM program by leveraging our extensive experience working with cyclosporine and its analogues, as well as our internal bio-analytical capabilities and chemistry expertise, to identify NICAMs with the best potential to move forward into pre-clinical trials. Thus far, we have identified a number of NICAMs that have shown potent anti-HCV activity as well as others that have significant potential as neuroprotective agents," said
About Isotechnika Pharma ------------------------
Edmonton-based Isotechnika Pharma Inc. is a biopharmaceutical company focused on the discovery and development of novel immunosuppressive therapeutics that are designed to offer advantages over other currently available treatments. There is a significant unmet medical need in the treatment of both solid organ transplantation and autoimmune disease. It is estimated that the market potential will exceed
Voclosporin, Isotechnika's lead drug candidate, is a next generation calcineurin inhibitor. It has completed a Phase 2b study for the prevention of kidney rejection following transplantation and a Phase 3 European/Canadian trial for the treatment of moderate to severe psoriasis. Through our partner, Lux Biosciences, voclosporin is the subject of a New Drug Application (NDA) in the
Isotechnika Pharma Inc. is a publicly traded company on the
Forward-Looking Statements --------------------------
This press release may contain forward-looking statements. Forward looking statements, including the Company's belief as to the potential of its products, the Company's expectations regarding the issuance of additional patents and the Company's ability to protect its intellectual property, involve known and unknown risks and uncertainties, which could cause the Company's actual results to differ materially from those in the forward looking statements. Such risks and uncertainties include, among others, the availability of funds and resources to pursue research and development projects, the ability to economically manufacture its products, the potential of its products, the success and timely completion of clinical studies and trials, the Company's ability to successfully commercialize its products, the ability of the Company to defend its intellectual property rights from infringement by third parties, and the risk that the Company's intellectual property rights may be subsequently shown to be invalid or infringe the patents of others. Investors should consult the Company's quarterly and annual filings with the Canadian commissions for additional information on risks and uncertainties relating to the forward-looking statements. Investors are cautioned against placing undue reliance on forward-looking statements.
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For further information: Dr. Robert Foster, President & CEO, Isotechnika Pharma Inc., (780) 487-1600 (247), (780) 484-4105 (fax), [email protected]; Launa Aspeslet, Chief Operating Officer, Isotechnika Pharma Inc., (780) 487-1600 (225), (780) 484-4105 (fax), [email protected]
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