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Serina Therapeutics Announces Worldwide Exclusive License Agreement with The Scripps Research Institute for 'Click Chemistry'
Date:4/17/2013

HUNTSVILLE, Ala., April 17, 2013 /PRNewswire/ -- Serina Therapeutics, Inc., a pharmaceutical research and development company that has developed a proprietary, patented polymer technology for drug development, announced today that the company has entered into a worldwide exclusive license agreement with The Scripps Research Institute for "click chemistry" – a facile method of attaching molecules together in a precise and quantitative manner. Further details of the agreement and the financial terms were not disclosed.

"Click chemistry represents a major advance in how small molecules can be 'clicked' together," said Dr. Mike Bentley , Chief Scientific Officer of Serina Therapeutics. "This license agreement allows us to attach small molecules to POZ polymers in a precise, quantitative and reproducible manner, and that is critical to our drug development efforts."

Click chemistry was invented by Professor Barry Sharpless at The Scripps Research Institute. Dr. Sharpless shared the Nobel Prize in Chemistry in 2001 for his groundbreaking work in unraveling chiral catalysts.

About Serina

Serina Therapeutics is a privately held pharmaceutical company located at the Hudson-Alpha Institute for Biotechnology in Huntsville, AL that develops novel polymer therapeutics based on its proprietary polyoxazoline (POZ) technology platforms.  The founders and managers of Serina were formerly the key principals of Shearwater Polymers, a company that enabled twelve approved polyethylene glycol (PEG) products for various pharmaceutical partners.  Besides developing its own pipeline of pharmaceutical products for Parkinson's disease and cancer, Serina is also partnering its technology with pharmaceutical companies to develop high value products addressing unmet clinical needs.  

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SOURCE Serina Therapeutics, Inc.
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