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ICAP Ocean Tomo Offers for Sale Advanced Drug Formulation Technology From CyDex Pharmaceuticals Inc.
Date:7/7/2010

CHICAGO, July 7 /PRNewswire/ -- ICAP Ocean Tomo, the intellectual property brokerage division of ICAP plc (IAP.L), is offering for sale a patent portfolio related to the advanced drug formulation technology Captisol® owned by CyDex Pharmaceuticals Inc. The portfolio contains two US-issued patents and fifteen related foreign counterparts covering two important close-to-market, 505(b)(2), Captisol-enabled product opportunities: Captisol-enabled Fosphenytoin and Captisol-enabled Propofol.  

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The advanced drug technology of CyDex's Captisol® is based on a modified cyclodextrin molecule that enables the creation of new products by significantly improving the solubility, stability, bioavailability, safety, and dosing of active pharmaceutical ingredients. Captisol-enabled™ Fosphenytoin is the advanced formulation of Fosphenytoin which is approved in the US for the short term treatment of epilepsy. This formulation offers advantages over
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