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Jul 12, 2007

ActoGeniX Awarded $4.2M to Advance Oral Delivery of Biopharmaceuticals

  • ActoGeniX received EUR 3.07 million, or approximately $4.2 million, from the Flanders government through IWT (Institute for Promotion of Innovation by Science and Technology in Flanders). The funding will allow the company to advance programs based on TopAct™, a platform for oral, targeted delivery of biopharmaceuticals.

    ActoGeniX currently is preparing to take its lead compound into Phase II testing in Crohn´s disease and ulcerative colitis. These studies are anticipated to start during the first half of next year. Other programs that will also benefit from the IWT award are therapeutics for treatment of mucositis, celiac disease, diabetes, and obesity, which are at various stages of preclinical discovery and development.

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Scientifically Studying Ecstasy

MDMA (commonly known as the empathogen “ecstasy”) is classified as a Schedule 1 drug, which is reserved for compounds with no accepted medical use and a high abuse potential. Two researchers from Stanford, however, call for a rigorous scientific exploration of MDMA's effects to identify precisely how the drug works, the data from which could be used to develop therapeutic compounds.

Do you agree that ecstasy should be studied for its potential therapeutic benefits?

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