Seattle — ÌÇÐÄÉÙÅ®TechTransfer announced today it has entered into an option agreement with Ascentia Biomedical Corp. of Bellevue for a family of powerful compounds, including an anti-cancer compound that has repeatedly shown efficacy in blocking tumor growth in a pre-clinical model of breast cancer.
Additional compounds developed at the ÌÇÐÄÉÙÅ®have also undergone pre-clinical testing and will be developed:
- As a treatment for sepsis, a life-threatening condition caused by infection.
- As a treatment for autoimmune disorders such as arthritis.
- As an adjuvant for vaccines used in the prevention of multiple diseases.
Paula Szoka, ÌÇÐÄÉÙÅ®TechTransfer director of Invention Licensing, said: “We are very pleased to be partnering with a local company and to have this important ÌÇÐÄÉÙÅ®School of Medicine research moving into clinical development. It is gratifying to see ÌÇÐÄÉÙÅ®research applied to the development of treatments that can potentially benefit millions of people.”
Ascentia Biomedical is developing and commercializing new pharmaceutical and biomedical products for application in a number of areas, including treatment for asthma, arthritis, psoriasis and cancer. Ascentia is focused on therapies for cancer and diseases of inflammation.
ÌÇÐÄÉÙÅ®TechTransfer facilitates the commercialization of new innovations arising from ÌÇÐÄÉÙÅ® research through managing and licensing intellectual property rights. The mission of ÌÇÐÄÉÙÅ®TechTransfer is to extend the impact of ÌÇÐÄÉÙÅ® research through the creation of partnerships that encourage investment in innovation.