Arch Biopartners Enters Exclusive License Agreement With University of Cincinnati for AB569
TORONTO, ONTARIO--(Marketwired - March 16, 2016) - Arch Biopartners Inc (Arch) or (the Company) (TSX VENTURE:ACH)(OTCBB:FOIFF) announced today it has entered into an exclusive license agreement with the University of Cincinnati (UC) for AB569, a new candidate drug to treat Pseudomonas aeruginosa (P. aeruginosa) respiratory infections.
Recent Developments in the AB569 program
In the last year, Arch management has worked with the lead inventor of AB569, Dr. Daniel Hassett at the University of Cincinnati (UC) College of Medicine, to build the patent portfolio for AB569 and to prepare a clinical development plan to test the safety and efficacy of the drug against P. aeruginosa respiratory infections in cystic fibrosis (CF) patients.
Arch Scientists Publish Data on the Efficacy and Mechanism of Action of Lead Drug Candidate AB569
TORONTO, ONTARIO--(Marketwired - March 1, 2016) - Arch Biopartners Inc (Arch) or (the Company) (TSX VENTURE:ACH)(OTCBB:FOIFF) announced today that Dr. Daniel Hassett's team at the University of Cincinnati College of Medicine, and its collaborators, have published details regarding the efficacy of AB569 in killing the pathogenic bacterium Pseudomonas aeruginosa (P. aeruginosa) in the peer-reviewed journal Frontiers in Microbiology. The findings indicate that low doses of acidified nitrite and EDTA (active ingredients of AB569) are highly effective at killing P. aeruginosa. In addition, the article provides information on the drug's mechanism of action.
Arch Biopartners Submits Orphan Drug Application for AB569 to European Medicines Agency
TORONTO, ONTARIO--(Marketwired - Feb. 3, 2016) - Arch Biopartners Inc. (Arch, or the Company) (TSX VENTURE:ACH)(OTCBB:FOIFF), a portfolio based biotechnology company, today announced they have submitted an application for orphan drug designation to the European Medicines Authority (EMA) for AB569 in the treatment of Pseudomonasaeruginosa (P. aeruginosa) pulmonary infections in patients with cystic fibrosis.