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July 30th, 2009
Mayor Alan McGraw of Round Rock said Wednesday at the quarterly luncheon meeting of Momentum, an economic development partnership committee, that Round Rock could possibly be the site where a cure for cancer is found. The city and the Round Rock Chamber of Commerce have been working with Dr. Larry Tamarkin of Cytimmune Sciences, Inc. to have the company possibly locate in the Round Rock area. Cytimmune is literally working on a cure for cancer. According the company website, www.cytimmune.com/, "Cytimmune Sciences is a clinical stage nanomedicine company with a core focus on the discovery, development and commercialization of multifunctional, tumor-targeted therapies. Based on an R&D strategy which harnesses the unique properties of gold nanoparticles, cytotoxic agents, and biology of tumors, the Company is developing a pipeline of proprietary drug candidates binding potent anti-cancer agents -- whose toxicity profiles currently prevent or severely limit clinical use -- to its patented colloidal gold tumor-targeting nanotechnology.
The goal is to mitigate the risks of drug development and build from these core technologies families of first-in-class therapeutics with accelerated clinical timelines, new commercialization value, and - ultimately - greater patient benefits."
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