Navigation Links
Convoy Therapeutics Granted Patent for Proprietary SPACE Technology
Date:9/25/2013

Oro Valley, AZ (PRWEB) September 25, 2013

Convoy Therapeutics, Inc. is proud to announce that the United States Patent and Trademark Office has granted a patent for the proprietary Skin Permeating And Cell Entering (SPACE) Peptide technology. The company obtained a worldwide exclusive license to in 2011 from University of California at Santa Barbara.

“The granting of this patent furthers the advancement of our technology and its many uses in the field,” states Dr. John Muraski, President and CEO of Convoy Therapeutics and its parent company ACTUS Biotechnologies, Inc. The company is currently working with a number of cosmetic and pharmaceutical partners to take advantage of its platform technology with a variety of molecules. Furthermore, Dr. Muraski states, “Our platform can be adapted to various active ingredients to enable penetration of large molecules past the outer layer of the skin and into the epidermis and dermis, and there is evidence that it can also enhance retention of some small molecules.” The recent addition of a team of professionals with substantial experience in the dermatology industry has expanded the capabilities of the company as they seek to market two reformulations in the coming 12-36 months: a high molecular weight topical Hyaluronic Acid cosmetic for the reduction of fine lines and wrinkles and Cyclopsorb™, a topical cyclosporine for the treatment of moderate to severe psoriasis.

The company’s Topical Hyaluronic Acid is a cosmetic application intended to maintain a smooth complexion between filler or toxin injections while being passively absorbed into the skin, reaching the epidermal and dermal layers. Convoy is currently completing safety studies and scale up. The company has an expected launch date for their Topical Hyaluronic Acid product in Q3, 2014.

Convoy’s second product, Cyclopsorb™, for the topical treatment of moderate to severe psoriasis, is currently in the final stages of formulation to optimize long-term stability for scale up and completion of non-clinical toxicology. With written confirmation from the FDA that the 505(b)(2) pathway is appropriate for this product, the company anticipates a market launch in Q3, 2016.

The Convoy delivery platform represents a major leap forward in the topical delivery of active compounds. Convoy’s platform can potentially be used in dermatological products for the treatment of skin cancers, skin care and cosmetics, cosmeceuticals, and the reformulation of existing molecules for better penetration and retention in the skin.

Convoy Therapeutics is a subsidiary of the ACTUS Biotechnologies accelerator, an organization dedicated to accelerating innovative novel technologies to commercialization. The company was founded in 2011 based upon technology originally developed by Dr. Samir Mitragotri and his laboratory at the University of California Santa Barbara. More information can be found at http://www.convoytx.com. Information about ACTUS Biotechnologies can be found at http://www.actusbiotech.com.

Read the full story at http://www.prweb.com/releases/2013/9/prweb11156464.htm.


'/>"/>
Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Related biology technology :

1. Convoy Therapeutics to Present at 2013 Rocky Mountain Life Science Investor and Partnering Conference
2. Convoy Therapeutics Announces the Relaunch of Their Interactive Website
3. Lightlake Therapeutics Commences Two-Week Patient Trial for Treatment of Opioid Overdose with National Institute on Drug Abuse (NIDA)
4. Moderna Therapeutics Named a "Fierce 15" Biotech Company for 2013
5. Protagonist Therapeutics Expands Series B Financing to $18 Million with Addition of $4 Million from Pharmstandard
6. PTC Therapeutics to Present at European Pediatric Neurology Society Congress
7. Technical Study: Gilead Sciences Inc., Halozyme Therapeutics Inc., NPS Pharmaceuticals Inc., and InterMune Inc.
8. Adheron Therapeutics Names New Senior Leadership
9. Case Report Suggests Microbiome Therapeutics NM504 May Improve Tolerability of Metformin While Improving Blood Glucose Control
10. Echo Therapeutics Sends Response to Shareholder Letter
11. Orexigen Therapeutics Prepares for the Light Study Interim Analysis Based on Direction from Data Monitoring Committee
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/27/2016)... June 27, 2016  Sequenom, Inc. (NASDAQ: ... healthier lives through the development of innovative products and ... the United States denied its petition ... claims of Sequenom,s U.S. Patent No. 6,258,540 (",540 Patent") ... established by the Supreme Court,s Mayo Collaborative Services v. ...
(Date:6/27/2016)... ... June 27, 2016 , ... Rolf K. Hoffmann, former senior ... the University of North Carolina Kenan-Flagler Business School effective June 27. ... Kenan-Flagler, with a focus on the school’s international efforts, leading classes and participating ...
(Date:6/24/2016)... , June 24, 2016 Epic ... sensitively detects cancers susceptible to PARP inhibitors by ... tumor cells (CTCs). The new test has already ... therapeutics in multiple cancer types. Over ... DNA damage response pathways, including PARP, ATM, ATR, ...
(Date:6/23/2016)... ... 23, 2016 , ... UAS LifeSciences, one of the leading ... UP4™ Probiotics, into Target stores nationwide. The company, which has been manufacturing high ... its list of well-respected retailers. This list includes such fine stores as Whole ...
Breaking Biology Technology:
(Date:6/20/2016)... June 20, 2016 Securus Technologies, a ... solutions for public safety, investigation, corrections and monitoring ... involved, it has secured the final acceptance by ... for Managed Access Systems (MAS) installed. Furthermore, Securus ... to be installed by October, 2016. MAS distinguishes ...
(Date:6/9/2016)... innovation leader in attendance control systems is proud to announce the introduction of fingerprint ... sure the right employees are actually signing in, and to even control the opening ... ... ... Photo ...
(Date:6/3/2016)... , June 3, 2016 ... von Nepal hat ... Lieferung hochsicherer geprägter Kennzeichen, einschließlich Personalisierung, Registrierung ... in der Produktion und Implementierung von Identitätsmanagementlösungen. ... Ausschreibung im Januar teilgenommen, aber Decatur wurde ...
Breaking Biology News(10 mins):