Baton Rouge, LA 70791
ph: 609-216-1491
alt: 91-9356408017
mynanovi
MewTaxel | CORPORATE OVERVIEW | |
Our mission is to develop a most effective and safe formulation for Paclitaxel (MewTaxol) for cancer treatment. | ||
The Company | New Co (MewTaxol Inc.) has developed a new Hybrid Paclitaxel (MewTaxol) to treat cancer with its double edge mode of action. The Company has developed the hybrid drug MewTaxel which is ready for clinical trials. Our 1st exit plan is $100-500M within 5 years. Since the discovery of this hybrid platform NewCo has been investing its resources to develop a better or I would say the best formulation of Hybrid Paclitaxel (MewTaxol). NewCo always look for a better solution for cancer treatment. At this point, Mewtaxol needs funds for clinical trials and FDA filing. Office is located in Baton Rouge, LA70791. The company has its collaborations with Meda Biotech LLc., USA and Nano Biotech (P) Ltd., India. | |
The Problem History Opportunity | Currently, about 30% of drugs that appear on the World Health Organization (WHO) Essential Drug List were reported to be poorly water-soluble, based on the Biopharmaceutics Classification System (BCS). Over 40% of newly developed pharmaceutically active substances have solubility issues. The poor dissolution and/or permeability of these drugs often result in low and highly variable bioavailability. The major obstacle of successfully commercializing these compounds is the difficulty of enhancing their dissolution rate and extent of dissolution Paclitaxel molecule discovered in 1960s through NCI program (Wani and Wall) 1992 : FDA approval of Taxol (paclitaxel) The best new cancer drug in 30 years Extracted from bark of the Pacific Yew Tree, extremely insoluble Formulated with surfactant Cremophor - polyoxyethylated castor oil + ethanol for IV administration Causes Anaphylaxis and respiratory arrest, and severe hypersensitivity Poor pharmacokinetic profile is still a problem High levels of neutropenia and long lasting neuropathy We believe there is still a lot of room to make this novel drug better than newest formulation called Abraxane and other. So we come up with MewTaxol Exclusive licensing agreements are signed to use the technology for MewTaxel. and each receives a royalty on the net selling price. | |
Market Potential Competition | MewTaxel is the newest discovery for Hybrid Paclitaxel. It has a potential to beat existing formulation , thereby entering the $4.9 billion cancer treatment market MewTaxel is a patented Hybrid Paclitaxel drug which exploits the intact properties of two drugs to achieve a safe ,solvent free, surfactant free, protein free water soluble formulation. Mewtaxol is more potent and safe formulation. The drug is easy to manufacture and easy to administer. Open field to enter. R $5B MARKET FREE FROM PATENT R CAPTURE THE MARKET WITH NEW PATENT PROTECTION R EITHER BY IMPROVEMENT R EITHER BY CHANGING THE MOLECULE R EITHER BY CONJUGATION OR HYBRIDIZATION R DECREASE TOXICITY R INCREASE EFFICACY R OUR TECHNOLOGY IS SIMPLE (WITHOUT ANY POLYMER CONJUGATION) HYBRID. MANUFACTURING COST IS LOW Major competition is a newly approved protein conjugated Paclitaxel named Abraxane, our hybrid MewTaxol should be a better choice for future. A double edge approach to treat cancer. | |
Customer Demand/ Expansion |
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Team | Mewa Singh, 609-902-7128, [email protected] | |
Achievement And Financial Overview | Proof of concept, R&D and pilot scale production procedures are in place, no more dead investment is needed. A Total of $10-25M is needed to take this drug for FDA submissions and clinical phase. | |
Copyright 2013 Meda Biotech LLc. All rights reserved.
Baton Rouge, LA 70791
ph: 609-216-1491
alt: 91-9356408017
mynanovi