Panther Biotechnology starts formal drug development process for Transferrin Doxorubicin.
M2 PHARMA-July 18, 2016-Panther Biotechnology starts formal drug development process for Transferrin Doxorubicin
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Panther Biotechnology, a company focused on the acquisition and development of small molecule therapeutics for the treatment of Leukaemia, Lymphoma and Myeloma, has started the formal drug development process for its lead compound, Transferrin Doxorubicin, it was reported on Friday.
Panther entered into a definitive agreement with privately held Faulk Pharmaceuticals Inc in April 2015, to acquire Faulk's pharmaceutical technology assets which included TRF-DOX.
The deal provided the company with a proprietary, multi-nationally patent protected, ligand-drug conjugate technology platform and a range of drug product candidates that address unmet medical needs in oncology, autoimmune, antiviral and other disease indications. TRF-DOX is a combination of the iron-binding glycoprotein, transferrin, and Doxorubicin resulting in targeted delivery to tumours with the reduction of serious side effects.
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|Date:||Jul 18, 2016|
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