Oncology Pharma Releases Further Feasibility Studies, Data and Capacities
24 February 2022 - 12:00AM
InvestorsHub NewsWire
SAN FRANCISCO, CA -- February 23,
2022 -- InvestorsHub NewsWire -- Oncology Pharma Inc. (OTC PINK: ONPH) - Oncology Pharma, Inc. ("The
Company") looks toward releasing further results of the studies
under the Co-Development Agreement with NanoSmart Pharmaceuticals,
demonstrating the feasibility and the time release characteristic
that is expected to improve the safety and localization profile of
the eventual lead candidate formulations.
The active pharmaceutical
ingredient, dactinomycin is an actinomycin antibiotic belonging to
a class of polypeptide antitumor antibody. It inhibits
transcription by binding to DNA at the transcription initiation
complex and preventing elongation of RNA chain by RNA polymerase.
Dactinomycin has been used both alone and in combination with
other drug products to treat a wide range of cancers.
Specifically, it has demonstrated clinical benefit for the
treatment of pediatric and adult sarcomas and is used routinely as
part of standard treatment regimens in clinical practice for the
treatment of Ewing's Sarcoma.
Our B-3 Formulation:
- Examination of 0.22 um filter
post-filtration of B-3 formulation.
- No visible residue on filter
indicates no large aggregates in formulation.
Likely all particle sizes are <
200 um - deemed suitable for proceeding to physical
characterization studies.
- Adaptive Design to assess
multiple pediatric cancers with superior study statistical
powering.
- Allows enrichment of promising
populations after interim analysis (i.e., mid-study 'peeks' at the
data).
- Enables potential for multiple
pediatric indications for use.
- Can approach FDA with New Drug
Application as early as after successful Phase II clinical
study.
- Exploring simultaneous evaluation
for European market (EMA pediatric approvals).
Multidrug Nanoemulsion Potential:
In addition, this proprietary nanoemulsion drug
delivery platform has the capacity to incorporate two different
drugs within the same nanoemulsion. Each drug is selected to
target a different phase in the cell cycle of the tumor cell and
thus increase cytotoxicity to the tumor while still having a better
safety profile than the predicate free drugs. Oncology Pharma
will continue to advance initial development work and nonclinical
studies on its lead formulation(s), while exploring additional
opportunities utilizing this nanoemulsion platform delivery system.
Combination drug formulations have the potential to provide
for very significant advantages over existing chemotherapy
regimens, making such formulations high valuation
opportunities.
Oncology Pharma has licensed and has financed the early feasibility
studies to date for this technology from NanoSmart and intends on
commercially developing, distributing and utilizing this product
and continuing the studies so that it can jointly bring this
product to market with the target of initially focusing on the
pediatric market. The Company believes the pediatric market
is under-served and it gives an edge to Oncology Pharma as a
pioneer in this critical market and allows Oncology Pharma to be a
significant participant in this well under-served
market.
ABOUT ONCOLOGY PHARMA, INC.
ONCOLOGY PHARMA, INC. (OTC PINK:ONPH) (the 'Company') is currently
engaging in research and development of therapeutics for oncology
and prides itself for having a world-class Advisory Board that
keeps the Company in the forefront of developing technologies in
cancer research, biotechnology, and healthcare.
ABOUT NANOSMART PHARMACEUTICALS, INC.
NanoSmart® Pharmaceuticals is a
privately-held California corporation that is developing
nanoparticle drug delivery platforms, including utilization of
anti-nuclear antibody (ANA) to enable targeted drug delivery of
existing drug therapies to areas of necrosis present in virtually
all solid cancer tumors.
FORWARD LOOKING STATEMENTS
Certain of the matters discussed
in this announcement contain forward-looking statements that
involve material risks to and uncertainties in the Company's
business that may cause actual results to differ materially from
those anticipated by the statements made herein. Such risks and
uncertainties include risks related to licensing arrangements and
joint ventures, including the need to negotiate the definitive
agreements for the relationships; possible failure to realize
anticipated benefits of business relationships, and costs of
providing funding to these business relationships. Other risks and
uncertainties relating to the Company include, among other things,
current negative operating cash flows and a need for additional
funding to finance our operating plan; the terms of any further
financing, which may be highly dilutive and may include onerous
terms; unexpected costs and operating deficits, and lower than
expected sales and revenues; uncertain willingness and ability of
customers to adopt new technologies and other factors that may
affect further market acceptance; adverse economic conditions;
adverse results of any legal proceedings; the volatility of our
operating results and financial condition; inability to attract or
retain qualified senior management personnel, including sales and
marketing personnel; our ability to establish and maintain the
proprietary nature of our technology through the patent process, as
well as our ability to possibly license from others patents and
patent applications necessary to develop products; the Company's
ability to implement its long range business plan for various
applications of its technology; the Company's ability to enter into
agreements with any necessary marketing and/or distribution
partners and with any strategic or joint venture partners; the
impact of competition; the obtaining and maintenance of any
necessary regulatory clearances applicable to applications of the
Company's technology; management of growth; and, other risks and
uncertainties. This is not a solicitation to buy or sell securities
and does not purport to be an analysis of the Company's financial
position.
CONTACTS:
For additional information, please
contact the Oncology Pharma at:
One Sansome Street, Suite 3500
San Francisco, CA 94104
Phone: 415-869-1038
Fax: 415-946-8801
website: www.oncology-pharma.com
email: info@oncology-pharma.com
SOURCE: Oncology Pharma Inc.
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