SACRAMENTO, CA (PRWEB) January 31, 2006 -- Telomolecular Corp., a biotechnology
company, that develops biopharmaceutical therapies designed to treat aging and
age-related disease, today announced the signing of a global licensing agreement
with UNeMed, Omaha Nebraska, the licensing agent for the University of Nebraska
Medical Center, a leading licensor of advanced medical and biomedical products
and patents. Under the agreement, Telomolecular is granted the right to perform
research and development, and commercialize technologies, that may lengthen
chromosomal telomeres in living animals, based upon the University of Nebraska
Medical Center's proprietary poly (D,L-lactide-co-glycolide) (PLGA) biodegradable
nanoparticles.
Telomolecular intends to use these licensing rights to develop new types of pharmaceutical
products that are useful in the treatment of human aging and in the correction
of certain age-related diseases, such as atherosclerosis, arteriosclerosis, liver
cirrhosis, Progeria, and many other presently incurable degenerative disorders.
According to Mr. Matthew A. Sarad, Chief Executive Officer of Telomolecular, “PLGA
biodegradable nanoparticles is a new and important gene therapy tool. Our company
hopes, with this platform, to develop market appropriate technologies of social
and historical significance. We look forward to growing the relationship between
Telomolecular, UNeMed, and the University of Nebraska Medical Center, in exciting
ways.”
"The nanoparticle formulation and material release technology is ideally suited
for the therapeutic applications described by Telomolecular Corporation," said
UNeMed's President, Dr.Thomas McDonald. "We look forward to continuing to foster
a productive and growing relationship between the University of Nebraska Medical
Center and Telomolecular in developing this as well as other technologies of
mutual interest."
About PLGA Biogegradable Nanoparticles
PLGA biodegradable nanoparticles are an FDA approved gene therapy product that
has been extensively investigated for sustained and targeted/localized delivery
of different agents including plasmid DNA, proteins and peptides and low molecular
weight compounds. Molecules much too large for traditional gene therapies can
be encapsulated and delivered with PLGA. PLGA is non-toxic, does not illicit
an immune response, and causes high transfection rates.
About UNeMed
UNeMed is a service-oriented corporation that functions as the interface between
the University of Nebraska Medical Center (UNMC) and industry to promote UNMC
technology development and economic development in Omaha. In cooperation with
UNMC inventors and the Intellectual Property Office, UNeMed drives and facilitates
the transfer of the technologies invented on campus into the marketplace. UNeMed
Corporation was established in 1992 as a for-profit subsidiary of UNMC.
About Telomolecular
Telomolecular develops nanotechnologies capable of delivering large-molecule
proteins across human cell membranes. The corporation's primary focus is on the
delivery of therapeutic agents that lengthen and repair chromosomal telomeres
in living animals. Successful therapies based on this tactic may offset, and
potentially reverse, many devastating age-related diseases and perhaps address
the symptoms and signs recognized as human aging.
Telomolecular Investor Relations
Matthew A. Sarad
(916) 410-8681
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