The trial is examining the safety, tolerability, pharmacokinetics, and pharmacodynamics of ENT-01, an oral drug that contains a synthetic derivative of squalamine
, to relieve constipation associated with Parkinson's disease.
Net proceeds from this planned offering may be used by the company for working capital, general corporate purposes as well as Phase 3 Clinical trials of Squalamine
Results from the phase II IMPACT study of squalamine
lactate, based on an extract from the tissues of dogfish sharks, continue to show promise for AMD patients.
Zasloff discovered the molecule, squalamine
, in 1993 in the dogfish shark, a small-to medium-size shark found in the Atlantic, Pacific, and Indian Oceans.
, a cholesterollike molecule, is thought to be a key element of the shark's primitive immune system.
The compound, squalamine
, has been in human clinical trials for the treatment of cancer and several eye disorders, and so has a well-known safety profile, suggesting it can be quickly tested as a new class of drugs to treat infections caused by these viruses.
This agreement reflects a first step in the execution of Genaera's strategy to divest its non-core-assets, including Squalamine
These include squalamine
, an anti-angiogenesis treatment for eye disease and cancer; interleukin-9 antibody, a respiratory treatment based on the discovery of a genetic cause of asthma; and LOMUCIN(TM), a mucoregulator to treat the overproduction of mucus and secretions involved in many forms of chronic respiratory disease.
A shark substance called squalamine
is being studied as a medicine in fighting cancer tumors.
, this steroid resembles plant compounds now used to kill intestinal parasites.
Furthermore, 85 percent of retinal specialists report aided awareness of aflibercept, significantly more than those aware of other surveyed products in development for wet AMD, including Ophthotech's Fovista, GlaxoSmithKline's pazopanib and Ohr Pharmaceutical's squalamine