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LifePharms, Inc. Receives
Approval for Phase II SBIR Grant for Cancer Research from NIH
GROTON, Conn. (Sept. 25, 2005) – LifePharms, Inc., has received approval
for the second phase of a 2 year, $903,000 Small Business Innovation Research (SBIR)
grant from the National Institutes of Health’s National Cancer Institute to
continue development of its leading anti-cancer compound. The Phase I grant was
used to identify promising anti-cancer compounds from LifePharms' natural
product collections, as part of a larger effort by the National Cancer Institute
to develop compounds that show selectivity in affecting cancer cells. The
compounds under development at LifePharms thus far appear to demonstrate both
the potency and selectivity that researchers are seeking in compounds that
target and destroy cancer cells without affecting surrounding normal, healthy
cells.
Lifepharms, Inc. is a biotechnology company headquartered at the University of
Connecticut’s Technology Incubation Program at Avery Point in Groton. LifePharms’
research focuses on discovering novel natural product compounds from
basidiomycetes and ascomycetes (mushrooms). Its collection consists of more than
16,000 samples of these fungi that have been collected from sites over the
entire North American continent.
As an additional component of SBIR II grant, LifePharms will be developing a
unique library containing up to 100,000 purified compounds from its fungal
extracts. This library will allow the company and its research collaborators to
rapidly identify new lead compounds targeting cancer and other therapeutic
areas. The majority of the species in its collection have never been cultured or
catalogued and are unavailable in any fermentation collection. Estimates
indicate that 40 percent of drugs have been discovered from natural sources, and
an even greater percent of the novel structural classes of compounds are from
natural products.
The isolation and chemical identification of active lead compounds will be
carried out at the Natural Products Laboratory of RTI International, which has a
long history of natural product drug discovery that includes the discoveries of
camptothecin and Taxol. These compounds and their chemical derivatives are two
of the most universally used anticancer agents on the market. RTI’s discoveries
represent nearly one-third of the anti-cancer therapeutic market. Dr. Nicholas
Oberlies leads the project at the institution.
According to E. Edward Mena, Ph.D., President and Chief Scientific Officer of
Life Pharms, "This grant is a welcomed validation of our approach to drug
discovery through our novel natural product library. Not only are we
investigating several anti-cancer compounds with unique and interesting
properties, but our lead compound has a novel structure that is distinct from
other cancer therapeutics in use or in devlopment. . We welcome the support from
the NIH to bolster our research efforts." Mena, is the principle investigator of
the project.
In the past year the company has announced two other research collaborations.
LifePharms is the lead institution along with Memorial Sloan-Kettering Institute
and RTI on a project funded by a five-year research grant from the National
Institute of Allergy and Infectious Diseases. The grant funds research to
discover small-molecule therapeutics for smallpox infections. LifePharms also
has entered into a Collaborative Research and Development Agreement (CRADA) with
the Natural Products Utilization Research Unit of the U.S. Department of
Agriculture’s Agriculture Research Service for the joint development of
agricultural fungicides and herbicides.
The SBIR program is a highly competitive peer-reviewed grant program that
provides support to small businesses with innovative technologies that possess
significant commercial potential.
For more information, contact Dr. Mena at
lifepharms@aol.com or at (860) 405-9219.
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