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EnteroMedics Announces Updated Data From VBLOC DM2 ENABLE Study and Caloric Intake Study Results to Be Presented at the 29th Annual Obesity Society Meeting
October 3, 2011


EnteroMedics Announces Presentation of Maestro(R) RC System Clinical Data at the XVI World Congress of the International Federation for the Surgery of Obesity and Metabolic Disorders
September 2, 2011


Inviragen and University of Texas Medical Branch Receive Funding for Development of a Novel Recombinant Chikungunya Virus Vaccine
August 15, 2011


San Diego's KFx Medical Corporation Files Patent Infringement Suit Against Arthrex
August 2, 2011


International Vaccine Institute and Inviragen Announce a Collaboration to Accelerate Development of a Dengue Vaccine
August 2, 2011


Minimally Invasive Devices, Inc. Awarded CE Mark for FloShield
July 20, 2011


Inviragen Initiates Phase 1 Study of Hand, Foot and Mouth Disease Vaccine in Singapore
June 15, 2011


EnteroMedics Announces Maestro® RC System Updated Weight Loss Data to Be Presented at the American Society for Metabolic and Bariatric Surgery Annual Meeting
June 14, 2011


EnteroMedics Announces First Implant in ReCharge Pivotal Trial for Obesity
May 18, 2011


Xlumena, Inc. Closes $7M Series B Venture Financing Round
April 28, 2011


EnteroMedics Receives CE Mark Certification for the Maestro RC System, Allowing Australian Regulatory Application to Move Forward
March 28, 2011


Inviragen and Duke-NUS Form Collaborative Vaccine Research and Development Program
January 26, 2011


EnteroMedics Announces Data From Australian Patient Cohort in EMPOWER Study and From Caloric Intake Study
November 8, 2010


Novel Recombinant Chikungunya Virus Vaccine Shown to be Safe and Effective in Multiple Animal Models
November 4, 2010


Inviragen Receives Two Therapeutic Discovery Project Grants for Vaccine Development
November 2, 2010


Inviragen Initiates DENVax Phase 1 Clinical Testing in Colombia
October 25, 2010


EnteroMedics Announces Updated Data from VBLOC-DM2, EMPOWER and VBLOC RF2 Studies
October 20, 2010


Inviragen and PharmaJet Receive $15.5 Million NIAID Contract to Develop a Needle-free Dengue Vaccine
October 12, 2010


EnteroMedics Completes $6.3 Million Convertible Preferred Stock Offering
September 30, 2010


EnteroMedics Achieves Major Milestones in Global Regulatory and Commercialization Strategy for the Maestro System
August 2, 2010


KFx Medical Corporation Announced Today It Has Received FDA 510k Clearance for Product(s) Used in a Wide Variety of Arthroscopic Tenodesis Knee Procedures Such as: ACL, PCL, and Patellofemoral Ligament (MPFL) Reconstruction
May 25, 2010


Inviragen’s Dengue Vaccine to Begin Clinical Testing
May 19, 2010


Inviragen Merger Profiled in Inc. Magazine
May 7, 2010


FDA Clears Xlumena’s NAVIX™ Access Device
April 28, 2010


EnteroMedics Extends Neuroblocking Technology Research and Development Collaboration
March 17, 2010


EnteroMedics Announces Regulatory Path Forward Following FDA Meeting
March 15, 2010


EnteroMedics Announces Regulatory Path Forward Following FDA Meeting
January 28, 2010


EnteroMedics Announces Weight Loss, Hypertension and Diabetes Data from EMPOWER and ENABLE Studies
Januray 14, 2010


EnteroMedics Announces Preliminary Results from Detailed Review of EMPOWER Study
November 12, 2009


Inviragen Merges with SingVax and Completes $15 million Series A Financing
October 6, 2009


KFx Medical Awarded Key Patent for Knotless Tissue Fixation and Double Row Rotator Cuff Surgery
September 9, 2009


Visioneering Technologies Raises $2.5M Series B
April 28, 2009


Visioneering Technologies Inc Raises $5 Million in Funding For New Presbyopia Solution
April 14, 2009


EnteroMedics Announces $15.89 Million Private Placement
February 20, 2009


EnteroMedics Announces Eighteen-Month Excess Weight Loss Results from its VBLOC-RF2 Feasibility Study
January 12, 2009


EnteroMedics Announces $20 Million Debt Financing
November 21, 2008


APT Pharmaceuticals Secures $32 Million in Series B Financing
September 30, 2008


EnteroMedics' Data from VBLOC-RF2 Feasibility Study and VBLOC-RC Study Presented Today at the American Society for Metabolic and Bariatric Surgery Meeting
June19, 2008


XLumena Spots $6M For Ultrasound Devices
June 4, 2008


Mirabilis Completes First Human Trial of Non-Invasive Treatment for Uterine Fibroids
APRIL 28, 2008


Astellas and CoMentis Sign Agreement to Collaborate on the Research, Development and Commercialization of Beta-Secretase Inhibitors
APRIL 25, 2008


EnteroMedics Announces Planned Expansion of EMPOWER Pivotal Study for Obesity to 300 Patients
February 26, 2008


KFx Medical Corporation Appoints Matt Meyer as its Vice President Marketing
February 20, 2008


EnteroMedics(TM) Announces Nine-Month Clinical Results on Its VBLOC-RF2 Feasibility Study for Obesity Therapy
January 8, 2008


EnteroMedics(TM) Announces Pivotal Clinical Study of its VBLOC(TM) Therapy for Obesity
January 7, 2008


CoMentis Announces Proof-of-Activity-Data from its Phase I Study of Disease-Modifying Alzheimer’s Disease Therapy
January 7, 2008


APT Pharmaceuticals Expands Management Team
NOVEMBER 19, 2007


EnteroMedics Announces Initial Public Offering
NOVEMBER 14, 2007


APT Pharmaceuticals Closes New $22 Million Funding Round
OCTOBER 4, 2007


JDRF Partners with CoMentis for Diabetic Macular Edema Clinical Trial
SEPTEMBER 20, 2007


Mirabilis Closes $10.5 Million Series A Extension to Commercialize Non-invasive Treatment of Uterine Fibroids
AUGUST 21, 2007


KFx Medical Corporation Closes $10 Million Series B Financing
AUGUST 9, 2007


JDRF Partners with CoMentis for Diabetic Macular Edema Clinical Trial
JUNE 18, 2007


CoMentis Announces Appointment of Martin Tolar, M.D., Ph.D., as Vice President
JUNE 6, 2007


APT Acquires Exclusive Worldwide Rights to Develop and Commercialize Inhalable Cyclosporine to Prevent Lung Transplant Rejection
JUNE 5, 2007


Enteromedics Files Registration Statement
for Proposed Initial Public Offering
MAY 25, 2007


CoMentis Initiates Phase II Clinical Trial for AMD Eye Drop Therapy
APRIL 10, 2007


Athenagen Announces Name Change to CoMentis
FEBRUARY 10, 2007


Athenagen’s Eye Drop Therapy for AMD is Safe and Well Tolerated in Phase I Study
JANUARY 31, 2007


Athenagen Initiates Phase II Clinical Trial in Alzheimer’s Disease
DECEMBER 13, 2006


Mirabilis Medica Names Mike Connolly CEO
OCTOBER 3, 2006


Athenagen Raises $50 Million in Series B Financing
SEPTEMBER 28, 2006


Amaranth Medical Closes $7.5 Million Series A Financing to Advance the Development of Bio-Absorbable Stents
SEPTEMBER 26, 2006


Mirabilis Raises $4 Million to Commercialize Non-Invasive Treatment of Uterine Fibroids
AUGUST 29, 2006


Athenagen Initiates Clinical Development of its Anti-angiogenic Eye Drop Therapy for AMD
AUGUST 21, 2006


Athenagen Completes Merger with Zapaq
AUGUST 14, 2006


KFx Medical Corporation Receives 510k Clearance for Knotless Tissue Fixation
AUGUST 10, 2006


Athenagen Announces Publication of Results from a Proof-of-Concept Trial of its Novel alpha-7 Nicontinic Receptor Agonist in Schizophrenia
JUNE 15, 2006


Athenagen Acquires Osprey Pharmaceutical Company - Adds Clinical-Stage Alzheimer's Drug Candidate to its Pipeline
APRIL 13, 2006


Aradigm and APT Pharmaceuticals Initiate Phase 2 Clinical Program of Novel Treatment for Asthma
MARCH 23, 2006


Athenagen Adds A. Barr Dolan to its Board of Directors
FEBRUARY 22, 2006


Previous News Stories >

 
     
 

Athenagen Acquires Osprey Pharmaceutical Company- Adds Clinical-Stage Alzheimer's Drug Candidate to its Pipeline

SOUTH SAN FRANCISCO, CA and PONTE VEDRA BEACH, FL – APRIL 13, 2006

Athenagen, Inc., a privately held biopharmaceutical company, announced today that it has acquired the assets of Osprey Pharmaceutical Company, which include a lead clinical compound targeting Alzheimer's disease, as well as a large library of related analogs. The lead compound, GTS-21, is a novel, orally active alpha-7 nicotinic acetylcholine (nACh) receptor agonist that has demonstrated memory and cognition enhancement activity in Phase I studies. The acquisition also includes intellectual property, preclinical and clinical data, and an active U.S. IND for GTS-21. Financial terms were not disclosed.

Osprey's lead compound, GTS-21 (also known as DMXBA), is unique in that it is a selective alpha-7 nicotinic acetylcholine receptor agonist. GTS-21 has been studied in four Phase I studies in healthy volunteers and one Phase I study in schizophrenic patients. In all studies, the compound was well tolerated. In a Phase I multi-dosing, double-blind, placebo controlled study in healthy adults, cognitive enhancement was seen across all doses, with a statistically significant improvement in attention related and memory related tasks (Kitagawa et al., Neuropsychopharmacology (2003) 28, 542-551). Athenagen plans to initiate Phase II studies in patients with Alzheimer's disease in early 2007.

"GTS-21 is an excellent addition to our pipeline because it expands our nACh receptor- focused clinical portfolio with an additional therapeutic indication - Alzheimer's disease," stated W. Scott Harkonen, M.D., President and Chief Executive Officer. "Osprey's drug discovery efforts in cognition and memory with the alpha-7 nACh receptor pathway in the brain complement Athenagen's scientific work on the endothelial nACh receptor pathway for diseases associated with angiogenesis. With our age-related macular degeneration (AMD) program and wound healing programs advancing to the clinic this year, and our first Alzheimer's Phase II trials planned to start early next year, Athenagen expects to have three Phase II programs underway in 2007."

The portfolio of compounds acquired by Athenagen was originally licensed by Osprey from the University of Florida in Gainesville. Osprey's technology is based on pioneering work conducted by William R. Kem, Ph.D., Professor in the Department of Pharmacology and Therapeutics. Dr. Kem is an expert in identifying compounds that bind to alpha-7 nACh receptors and was one of the first to characterize the role of alpha-7 nACh receptors in cognition and memory. The alpha-7 nACh receptor has been shown to stimulate cognition without causing addiction or other side effects associated with stimulation of other nACh receptors. Athenagen will continue to work with Dr. Kem in developing novel nACh receptor agonists and characterizing their uses.

"The portfolio of compounds developed by Dr. Kem offer a number of additional opportunities for Athenagen," stated John Cooke, M.D., Ph.D, co-founder of Athenagen and Chief Scientific Officer. "We are enthusiastic about the opportunity to combine his expertise in the nACh field with ours."

"Our drug discovery research group is extremely pleased that Athenagen will be continuing to support our ongoing efforts," commented Dr. Kem. "In addition to Alzheimer's disease, there are several interesting therapeutic applications that are being explored which further enhance the drug discovery and development programs at Athenagen."

 
   
     
 

About Osprey Pharmaceutical
Osprey Pharmaceutical Company, Ponte Vedra Beach, Florida, was founded in 2003 by Stefan Borg, a biotechnology veteran and entrepreneur, who served as the company's President and CEO until his sudden death in May 2005. The company planned to commercialize the lead compound in Dr. Kem's portfolio and expand on opportunities afforded by numerous other compounds in the portfolio that it licensed from the University of Florida in Gainesville. Mr. Borg had previously started two biotechnology life science companies including SunPharm Corporation (a public corporation now part of Genzyme). Mr. Borg was succeeded by Paul Herron, Osprey's Chief Financial Officer, as the interim President and CEO. Mr. Herron had worked previously with Mr. Borg as CFO of two other biotechnology companies, including SunPharm.

About Athenagen
Athenagen, Inc., located in South San Francisco, is engaged in the development of small-molecule drugs designed to either inhibit or enhance angiogenesis, based on the discovery of a new endothelial cell angiogenesis pathway, known as the nicotinic acetylcholine (nACh) receptor pathway. Athenagen's lead products are being developed as oral and topical compounds to treat diseases caused by enhanced angiogenesis, such as cancer and age-related macular degeneration (AMD), as well as topical formulations to treat diseases caused by impaired angiogenesis, such as non-healing wounds. Athenagen plans to introduce two drug candidates into the clinic in 2006: ATG002, a topical pro-angiogenesis compound for diabetic foot ulcers and ATG003, a topical (eye drop) anti-angiogenesis compound for neovascular AMD. In addition, Athenagen expects to enter Phase II clinical trials with a third program, GTS-21, for Alzheimer's disease in early 2007.

For more information: www.athenagen.com.

CONTACT:
W. Scott Harkonen, M.D.
President and CEO
(650) 869-7600
press@athenagen.com

 
     
   
 
 
© 2006 CHARTER LIFE SCIENCES