Altea Therapeutics Enters into Research Agreements with Pharma Companies to Examine Feasibility of Developing Transdermal Skin Patches for Protein Drugs.ATLANTA -- Altea Therapeutics has entered into research agreements with two undisclosed pharmaceutical companies to examine the feasibility of developing novel transdermal patch transdermal patch: see skin patch. products for two protein drugs. Under the terms of these agreements, Altea Therapeutics will use its patented transdermal delivery technology, the PassPort[TM] System, to assess the feasibility of delivering certain proprietary protein drugs from a transdermal skin patch skin patch, transdermal patch, or transdermal delivery system, adhesive patch used to deliver a controlled dose of a drug through the skin over a period of time. . These protein drugs are currently commercially available only as injectable in·ject·a·ble adj. Capable of being injected. Used of a drug. n. A drug or medicine that can be injected. solutions. The companies have an option to enter into broader licensing agreements for development and commercialization. Altea Therapeutics now has three separate collaborations in place with pharmaceutical companies. Early in 2006, Altea Therapeutics announced an exclusive licensing agreement for Japan with Teikoku Seiyaku Co. Ltd. to develop and commercialize a new transdermal patch therapy to deliver an active pharmaceutical ingredient for managing advanced Parkinson's disease Parkinson's disease or Parkinsonism, degenerative brain disorder first described by the English surgeon James Parkinson in 1817. When there is no known cause, the disease usually appears after age 40 and is referred to as Parkinson's disease. . About Altea Therapeutics Altea Therapeutics is an emerging specialty pharmaceutical company developing and commercializing products based on a new transdermal patch technology that can deliver sustained therapeutic levels of highly water-soluble drugs, carbohydrates, nucleic acids Nucleic acids The cellular molecules DNA and RNA that act as coded instructions for the production of proteins and are copied for transmission of inherited traits. , peptides and proteins in a convenient, painless, and cost-effective manner. Altea Therapeutics has demonstrated in several clinical studies that its patented PassPort[TM] transdermal system achieves what existing patches are unable to do, namely the continuous delivery through the skin of compounds that are typically administered by needle injections. The Company is conducting several clinical trials in the U.S. for its products, including for an insulin transdermal patch that provides continuous delivery of basal levels of insulin for people with diabetes, a fentanyl citrate fentanyl citrate n. A narcotic analgesic used as a supplementary analgesic agent in general anesthesia. fentanyl citrate Warning - High-alert drug! Sublimaze transdermal patch that provides for rapid and safe management of moderate to severe pain, and an apomorphine hydrochloride apomorphine hydrochloride APO-go (UK), Apokyn Pharmacologic class: Dopaminergic, dopamine-receptor agonist Therapeutic class: Antiparkinsonian Pregnancy risk category C Actiontransdermal patch for the convenient management of advanced Parkinson's Disease.Additional information about Altea Therapeutics may be found at www.alteatherapeutics.com. NOTE: Altea Therapeutics, PassPort, Medicines Made Better are either registered trademarks or trademarks of Altea Therapeutics Corporation, in the USA and/or other countries. All other brand names, product names, or trademarks belong to their respective holders. The statements in this press release regarding the products of Altea Therapeutics in development, product development plans, and projected financial results, are forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. involving risks and uncertainties that can cause actual results to differ materially from those in such forward-looking statements. Potential risks and uncertainties include, but are not limited to, the ability of Altea Therapeutics to both complete the design, development, and manufacturing process development of its products, manufacture and commercialize its products, obtain product and manufacturing approvals from regulatory agencies regulatory agency Independent government commission charged by the legislature with setting and enforcing standards for specific industries in the private sector. The concept was invented by the U.S. , manage its growth and expenses, finance its activities and operations, as well as marketplace acceptance of its products. |
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