checkAd

    DGAP-News  707  0 Kommentare Press Release: 4SC's associated company Panoptes Pharma concludes license agreement with Mediolanum for compound PP-001 for inflammatory eye diseases - Seite 2


    4SC's own drug discovery platform. We look forward to the further succesful
    development of PP-001."

    Ends

    About Panoptes Pharma and the compound PP-001

    Panoptes Pharma is a privately held biotech company, located in Vienna,
    Austria and is focused on developing small molecule based therapies for the
    treatment of severe eye diseases with high unmet medical need. PP-001 is a
    selective anti-inflammatory small molecule compound which has demonstrated
    efficacy in preclinical models in ophthalmology. Additionally, PP-001
    significantly inhibits abnormal blood vessel growth in the back of the eye
    (choroidal neovascularization) in an animal model for autoimmune uveitis.
    Inhibition of choroidal neovascularization (CNV) is mediated by the
    inhibition of vascular endothelial growth factor (VEGF) by PP-001. CNV is
    one of the most severe causes of visual impairment in patients with
    posterior uveitis. PP-001 was orginally discovered by 4SC Discovery GmbH
    and licensed to Panoptes Pharma in 2013.

    About Mediolanum

    Mediolanum is a privately owned pharmaceutical Group founded in 1972 by Mr
    Rinaldo Del Bono. Its Headquarters are located in Milan, Italy. Core
    commercial therapeutic areas are cardiovascular, osteoporosis and diabetes.
    From an R&D standpoint, Mediolanum is focusing on innovative treatments
    such as cancer vaccines. The Group employs around 450 people with an
    aggregated turnover of circa EUR200 million.

    About 4SC and 4SC Discovery GmbH

    The Group managed by 4SC AG (www.4sc.de) discovers and develops targeted
    small-molecule drugs for the treatment of diseases with a high unmet
    medical need in various autoimmune and cancer indications. Founded in 1997,
    4SC had 66 employees (headcount) or 57 full-time equivalents (FTEs) at 31
    December 2014. 4SC AG has been listed on the Prime Standard of the
    Frankfurt Stock Exchange since December 2005. 4SC Discovery GmbH
    (www.4sc-discovery.com), a wholly-owned subsidiary of 4SC AG, specialises
    in early-stage research and discovery of novel therapeutic compounds
    against cancer and autoimmune diseases. 4SC Discovery engages in
    partnerships with pharmaceutical and biotech companies in order to advance
    the development and commercialisation of its own therapeutic programmes. In
    addition, as a drug discovery service provider 4SC Discovery offers its
    expertise via research collaborations to companies from the pharmaceutical
    and biotech industry.

    Cautionary statement regarding forward-looking statements
    This press release contains certain forward-looking statements. Any
    forward-looking statement applies only on the date of this press release.
    Seite 2 von 3


    Diskutieren Sie über die enthaltenen Werte


    EQS Group AG
    0 Follower
    Autor folgen

    Verfasst von EQS Group AG
    DGAP-News Press Release: 4SC's associated company Panoptes Pharma concludes license agreement with Mediolanum for compound PP-001 for inflammatory eye diseases - Seite 2 DGAP-News: 4SC AG / Key word(s): Agreement Press Release: 4SC's associated company Panoptes Pharma concludes license agreement with Mediolanum for compound PP-001 for inflammatory eye diseases 10.02.2015 / 07:30 …

    Schreibe Deinen Kommentar

    Disclaimer