SAN DIEGO, Jan. 13 /PRNewswire/ -- NexBio, a privately held development-stage biopharmaceutical company located in San Diego, announced today that David Wurtman, MD, MBA, Vice President of Corporate Development, will present a corporate overview at the upcoming 2009 Biotech Showcase in San Francisco, CA, on January 14, 2009 at 2:15pm. NexBio's corporate mission is to save lives and to improve the quality of life by creating and commercializing novel, broad-spectrum biopharmaceuticals to prevent and treat current and emerging life-threatening diseases.
NexBio's pipeline consists of two novel biopharmaceuticals invented internally, DAS181 (Fludase(R)), in clinical development, and Viradin(TM), at lead optimization stage, as well as TOSAP(TM), an important new microparticle formulation technology. Corporate funding to date has been entirely non-dilutive, consisting of five grants totaling $13M, together with a BAA Contract for $49.8M to support Fludase(R) development, all from the National Institute of Allergy and Infectious Diseases, part of the National Institutes of Health.
Fludase(R) is a broad-spectrum drug candidate for the prophylaxis and treatment of respiratory infections by all variations of influenza virus, including the types of virus that may cause a potential influenza pandemic. In addition, Fludase(R) has the potential for prophylaxis and treatment of seasonal influenza-like illness due to multiple respiratory viruses, including parainfluenza virus, which may cause a serious respiratory illness similar to influenza and for which there is no approved vaccine or therapeutic. Fludase(R) is a recombinant fusion protein that inactivates viral receptors on the cells of the human respiratory tract, thereby preventing influenza and parainfluenza viruses both from infecting the human body and from amplifying in already-infected individuals. Fludase(R) effectively inhibits numerous strains of influenza and parainfluen
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