Nanotechnology Now

Our NanoNews Digest Sponsors





Heifer International

Wikipedia Affiliate Button


android tablet pc

Home > Press > Arrowhead's new nanobioscience subsidiary plans preclinical studies and collaboration with NCI

Abstract:
Arrowhead Research Corporation (NASDAQ: ARWR), announced today that its new wholly-owned nanobioscience subsidiary has changed its name from "C Sixty Acquisition Corp". to "Tego BioSciences Corporation". The subsidiary recently acquired the assets of C Sixty, Inc. and is focused on the development of new protective products based on the anti-oxidant properties of modified buckministerfullerenes (also known as fullerenes or buckyballs). Tego is initially developing products to reduce oxidative damage caused by sun exposure, radiation therapy, and chemotherapy and mitigate complications associated with organ transplantation and tissue engineering.

Arrowhead's new nanobioscience subsidiary plans preclinical studies and collaboration with NCI

PASADENA, CA | Posted on June 25th, 2007

"Tego is set to commence preclinical animal studies in collaboration
with the National Cancer Institute this summer," said R. Bruce
Stewart, Chairman of Arrowhead. "Tego is in the process of assembling
a business and technical team with expertise in nanoparticle-based
therapeutics and skin care products."

The preclinical studies will be performed in the NCI's Nanotechnology
Characterization Lab (NCL) to measure the ability of a Tego fullerene
formulation to protect against harmful side effects of two
anti-cancer drugs, cisplastin and adriamycin. The first stage of the
studies will use NCL's resources, with follow on funding from Tego,
as appropriate.

The National Cancer Institute (NCI), working in concert with the
National Institute of Standards and Technology (NIST) and the U.S.
Food and Drug Administration (FDA), established the Nanotechnology
Characterization Laboratory (ncl.cancer.gov) to perform preclinical
efficacy and toxicity testing of nanoparticles. The NCL serves as a
national resource and knowledge base for all cancer researchers to
facilitate the regulatory review of nanotechnologies intended for
cancer therapies and diagnostics. By providing the critical
infrastructure and characterization services to nanomaterial
providers, the NCL can accelerate the transition of basic nanoscale
particles and devices into clinical applications, thereby reducing
suffering and death from cancer.

####

About Arrowhead Research Corporation
Arrowhead Research Corporation (www.arrowheadresearch.com) is a
publicly-traded nanotechnology company commercializing new
technologies in the areas of life sciences, electronics, and energy.
Arrowhead is building value for shareholders through the progress of
majority owned subsidiaries founded on nanotechnologies originally
developed at universities. The company works closely with
universities to source early stage deals and to generate rights to
intellectual property covering promising new nanotechnologies.
Currently, Arrowhead has four subsidiaries commercializing nanotech
products and applications, including anti-cancer drugs, RNAi
therapeutics, carbon-based electronics and compound semiconductor
materials.

About Tego BioSciences Corporation

Tego BioSciences Corporation (www.tegobio.com) is developing and
commercializing therapeutics and other products based on the
antioxidant properties of modified fullerenes. The patent protected
platform forms the basis for several products. The company is
initially focused on developing products to reduce oxidative damage
caused by sun exposure, radiation therapy, and chemotherapy and
mitigate complications associated with organ transplantation and
tissue engineering. For other applications of derivatized fullerenes
such as MRI imaging or central nervous system disorders, Tego
BioSciences will establish a program to license and partner the
commercialization of its intellectual property to third parties.

Fullerenes are a highly structured, nanoscale form of carbon, similar
to carbon nanotubes. Roughly one nanometer in diameter, the molecules
are composed of 60 carbon atoms and have the symmetry of soccer
balls. The spherical shape, hollow interior, and 60 carbon atoms of
the molecule allow drug designers the opportunity to attach
therapeutic and targeting chemical groups in many configurations.


Safe Harbor Statement under the Private Securities Litigation Reform
Act of 1995

This news release contains forward-looking statements within the
meaning ofthe "safe harbor" provisions of the Private Securities
Litigation Reform Actof 1995. These statements are based upon our
current expectations and speak onlyas of the date hereof. Our actual
results may differ materially and adversely from those expressed in
any forward-looking statements as a result of various factorsand
uncertainties, including the recent economic slowdown affecting
technology companies, the future success of our scientific studies,
our ability to successfully develop products, rapid technological
change in our markets, changes in demand for our future products,
legislative, regulatory and competitive developments and general
economic conditions. Our Annual Report on Form 10-K and 10-K/A,
recent and forthcoming Quarterly Reports on Form 10-Q and 10-Q/A,
recent Current Reports on Forms 8-K and 8-K/A, our Registration
Statement on Form S-3, and other SEC filingsdiscuss some of the
important risk factors that may affect our business, results of
operations and financial condition. We undertake no obligation to
revise or update publicly any forward-looking statements for any
reason.

For more information, please click here

Contacts:
Virginia Dadey
Vice President, Investor Relations
212.541.3707

Copyright © Arrowhead Research Corporation

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

Nanomedicine

Researchers create vaccine for dust-mite allergies Main Page Content: Vaccine reduced lung inflammation to allergens in lab and animal tests July 22nd, 2014

NIST shows ultrasonically propelled nanorods spin dizzyingly fast July 22nd, 2014

SentiMag® Now Available in Australia and New Zealand July 21st, 2014

More than glitter: Scientists explain how gold nanoparticles easily penetrate cells, making them useful for delivering drugs July 21st, 2014

Announcements

Harris & Harris Group to Host Conference Call on Second-Quarter 2014 Financial Results on August 15, 2014 July 23rd, 2014

UCF Nanotech Spinout Developing Revolutionary Battery Technology: Power the Next Generation of Electronics with Carbon July 23rd, 2014

Deadline Announced for Registration in 7th Int'l Nanotechnology Festival in Iran July 23rd, 2014

A Crystal Wedding in the Nanocosmos July 23rd, 2014

Nanobiotechnology

Production of Non-Virus Nanocarriers with Highest Amount of Gene Delivery July 17th, 2014

Physicists Use Computer Models to Reveal Quantum Effects in Biological Oxygen Transport: The team solved a long-standing question by explaining why oxygen – and not deadly carbon monoxide – preferably binds to the proteins that transport it around the body. July 17th, 2014

Tiny DNA pyramids enter bacteria easily -- and deliver a deadly payload July 9th, 2014

Artificial cilia: Scientists from Kiel University develop nano-structured transportation system July 4th, 2014

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More














ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project







© Copyright 1999-2014 7th Wave, Inc. All Rights Reserved PRIVACY POLICY :: CONTACT US :: STATS :: SITE MAP :: ADVERTISE