Navigation Links
Ohr Pharmaceutical and CSHL joint venture to develop trodusquemine, related analogs

NEW YORK, New York On March 3, 2014, Ohr Pharmaceutical (NasdaqCM: OHRP), a pharmaceutical company focused on the development of novel therapeutics for large unmet medical needs, and leading global cancer research center Cold Spring Harbor Laboratory (CSHL) today announced the establishment of DepYmed Inc., a new joint venture to develop trodusquemine and related analogs.

The new joint venture will be a private entity, initially with equal ownership by Ohr and Cold Spring Harbor Laboratory. The two partners will seek funding and contribute to the research and development of trodusquemine and also newly patented analogs. The goal is to take the program into the clinic and to demonstrate proof of concept. Various options to fund later stage clinical trials will be explored. The continued preclinical research will be conducted under the guidance of Dr. Nicholas Tonks at CSHL.

"Cold Spring Harbor Laboratory is a world class research center that has a track record of establishing successful commercial ventures in the biopharma space," said Irach Taraporewala, President and Chief Executive Officer of Ohr. "We are very pleased to be working with Dr. Nicholas Tonks who is one of the leading authorities on the protein tyrosine phosphatase (PTP) family of enzymes. Dr. Tonks discovered PTP1B, the primary target for trodusquemine. Setting up this joint venture is the optimal way to create shareholder value from this exciting asset and enable it to obtain the appropriate resources. At the same time, Ohr remains focused on the execution of our core strategy to develop novel ophthalmology products."

"At CSHL we strive to bring the benefits of biological research to society," said Teri Willey, Vice President for Business Development and Technology Transfer at CSHL. "We hope that our involvement in this joint venture leads to new therapies that will benefit patients."

The enzyme protein tyrosine phosphatase 1B (PTB1B) is a well-char

Contact: Press Office
Cold Spring Harbor Laboratory

Michael Rice
LifeSci Advisors, LLC

Press Office
Ohr Pharmaceutical Inc.

Page: 1 2

Related biology news :

1. Faster testing of new pharmaceuticals
2. Inovio Pharmaceuticals CEO Receives 2013 Drug Discovery & Achievement Award
3. Profil Institute Appoints Dan Bradbury, former Amylin Pharmaceutical CEO, to Board of Directors
4. Scripps Research announces research & license agreement with Janssen Pharmaceuticals
5. Ben-Gurion U. researchers and Teva Pharmaceutical Industries Ltd. develop psoriasis drug
6. Scripps Research and Takeda Pharmaceuticals announce expanded research collaboration
7. Sanford-Burnham and 60° Pharmaceuticals to pursue promising target for the treatment of dengue fever
8. Combination of two pharmaceuticals proves effective in the treatment of multiple sclerosis
9. How to Differentiate Your Pharmaceutical Product in the Personalized Medicine Segment
10. Global Biotech and Pharmaceutical Conference Early Bird Registration Discounts End This Week
11. Conatus Pharmaceuticals Appoints Mark F. Morris as Head of Biostatistics
Post Your Comments:
(Date:10/7/2015)... , October 8, 2015 ... revenues for Fingerprint Cards (FPC) during third quarter 2015 amounted ... guidance of around 860 MSEK that was communicated 20 August ... a further strengthened delivery capacity and a continued growing demand ... 2015 is estimated to be higher than during the third ...
(Date:10/5/2015)... ) releases the following ... NXTD ), a biometric authentication company focused on the ... ) releases the following market and company update ... authentication company focused on the growing mobile commerce market. ... ) releases the following market and company update ...
(Date:9/30/2015)... , Sept. 30, 2015  The U.S. Court of ... another key ruling in favor of Crossmatch ™, ... fingerprint scanner company Suprema and its U.S. partner Mentalix ... a trade provision that declares it unlawful to engage ... infringing two of Crossmatch,s patents, the 5,900,993 patent and ...
Breaking Biology News(10 mins):
... The Proceedings of the National Academy of Science ... Medicine generated a mouse model exhibiting reduced inflammation. ... transcription factor LITAF (Lipopolysaccharide [LPS]-Induced TNF-Alpha Factor) controls ... better known and studied NF-kB transcriptional regulator. ...
... for insects and other small terrestrial animals by firing ... the water's surface. These water shots were once thought ... discovered new levels of sophistication in the archerfish's hunting ... behavior has evolved. The findings are reported by Thomas ...
... at the University of Rochester may have answered one ... our neurons, which are responsible for our crystal-clear thoughts, ... the November issue of Nature Neuroscience, the Rochester study ... "noisy," signals to represent the ambiguities of the real ...
Cached Biology News:
(Date:10/8/2015)... 2015   Intrexon Corporation (NYSE: XON ... appointment of Joseph L. Vaillancourt as Senior ... Nimrodi who continues in his role as Head ... to generate sustainable, biologically based solutions to environmental problems. ... held a variety of key roles including, Vice President ...
(Date:10/8/2015)... IRVINE, Calif. , Oct. 8, 2015 ... announced its expansion into the North American market with ... Asia and Europe ... a pioneer of Target Enrichment methodology and sample preparation ... or NGS, facilitates both hereditary and somatic genetic testing ...
(Date:10/8/2015)... 2015  The ALS Association, in partnership with Prize4Life, ... to revolutionize communication technology solutions for people living with ... ALS (amyotrophic lateral sclerosis) is a progressive neurodegenerative disease ... the spinal cord. Eventually, people with ALS lose the ... leads to total paralysis and death within two to ...
(Date:10/8/2015)... , ... October 08, 2015 , ... ... into an exclusive license agreement to develop and commercialize intellectual property rights belonging ... original agreement from February 2009, and affords exclusive worldwide rights to intellectual property ...
Breaking Biology Technology:
... 9, 2011) The brain is a black box. ... much like the inner workings of a computer chip. ... economy of an assembly line, neural circuits are impenetrable ... Department of Neurobiology have developed a technique for unraveling ...
... of Standards and Technology (NIST),have demonstrated an ... mechanical component 1,000 times,more vigorously than ever ... a new tool for processing,information and potentially ... object at the,smallest possible, or quantum, scale. ...
... NEW YORK, March 9, 2011 ... is available in its catalogue: ... and Market Forecasts to 2017 ... Retinopathy Therapeutics - Pipeline Assessment and Market ...
Cached Biology Technology:
... Software reads and processes raw ... microarray data for analysis. ... one 2-year license for Feature ... , * one CD-ROM ...
... imported for data analysis , Automatic grid, subgrid ... template assignment , ... Extensive background and signal options to optimize, ... results , ...
... DNA Gel Stain combo offers these benefits: ... products separately Offers a ... Eliminates risks to yourself, the environment ... from 100 bp to >30 kb. UltraPure Agarose is ...
... stocks contained in standard 96-well microtiter plates. ... approximately 5,000 clones per plate. After positive ... the corresponding subplate is screened with a ... well(s). Cells from a positive well are ...
Biology Products: